Nautilus, Inc. (NYSE:NLS) has been given a consensus rating of “Hold” by the nine research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $16.96.
A number of equities analysts have weighed in on NLS shares. Zacks Investment Research raised Nautilus from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Tuesday, January 16th. Imperial Capital reissued an “in-line” rating and issued a $12.00 price objective (down previously from $14.00) on shares of Nautilus in a report on Wednesday, March 7th. ValuEngine downgraded Nautilus from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Lake Street Capital reissued a “hold” rating and issued a $14.00 price objective (down previously from $15.00) on shares of Nautilus in a report on Tuesday, March 6th. Finally, B. Riley cut their price objective on Nautilus from $19.75 to $16.75 and set a “buy” rating for the company in a report on Tuesday, March 6th.
In other news, VP Jeffery Lynn Collins sold 2,335 shares of the stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $13.00, for a total value of $30,355.00. Following the completion of the sale, the vice president now owns 3,432 shares of the company’s stock, valued at approximately $44,616. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Bruce M. Cazenave sold 10,700 shares of the stock in a transaction on Friday, February 9th. The shares were sold at an average price of $11.99, for a total value of $128,293.00. Following the completion of the sale, the chief executive officer now owns 372,876 shares in the company, valued at approximately $4,470,783.24. The disclosure for this sale can be found here. In the last three months, insiders sold 18,385 shares of company stock valued at $228,038. 3.70% of the stock is currently owned by insiders.
NYSE:NLS traded down $0.05 during trading hours on Friday, reaching $13.55. 52,855 shares of the stock were exchanged, compared to its average volume of 364,788. Nautilus has a twelve month low of $11.30 and a twelve month high of $19.80. The company has a quick ratio of 1.39, a current ratio of 1.94 and a debt-to-equity ratio of 0.18. The company has a market cap of $419.15, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 1.36 and a beta of 1.36.
Nautilus (NYSE:NLS) last released its quarterly earnings results on Monday, March 5th. The specialty retailer reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.04). Nautilus had a return on equity of 15.93% and a net margin of 6.47%. The firm had revenue of $127.80 million for the quarter, compared to analyst estimates of $128.64 million. During the same period last year, the company earned $0.38 EPS. The company’s revenue was up 1.6% compared to the same quarter last year. analysts anticipate that Nautilus will post 1 earnings per share for the current fiscal year.
Nautilus announced that its board has approved a stock repurchase plan on Monday, March 5th that authorizes the company to repurchase $15.00 million in shares. This repurchase authorization authorizes the specialty retailer to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.
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Nautilus Company Profile
Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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