Brokerages Set Nautilus, Inc. (NLS) PT at $16.83

Shares of Nautilus, Inc. (NYSE:NLS) have earned a consensus recommendation of “Hold” from the ten brokerages that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $16.83.

NLS has been the topic of a number of recent analyst reports. B. Riley lifted their price objective on shares of Nautilus from $19.50 to $21.00 and gave the company a “buy” rating in a research note on Friday, August 24th. Lake Street Capital raised shares of Nautilus from a “hold” rating to a “buy” rating and lifted their price objective for the company from $16.00 to $17.00 in a research note on Tuesday, July 31st. TheStreet cut shares of Nautilus from a “b-” rating to a “c+” rating in a research note on Thursday, July 19th. Finally, Zacks Investment Research raised shares of Nautilus from a “sell” rating to a “hold” rating in a research note on Tuesday, July 24th.

In other Nautilus news, CEO Bruce M. Cazenave sold 10,700 shares of the firm’s stock in a transaction that occurred on Wednesday, August 22nd. The shares were sold at an average price of $14.81, for a total value of $158,467.00. Following the sale, the chief executive officer now owns 389,044 shares in the company, valued at $5,761,741.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Bruce M. Cazenave sold 16,600 shares of the firm’s stock in a transaction that occurred on Tuesday, September 25th. The shares were sold at an average price of $14.01, for a total transaction of $232,566.00. Following the completion of the sale, the chief executive officer now owns 382,094 shares in the company, valued at approximately $5,353,136.94. The disclosure for this sale can be found here. Company insiders own 3.70% of the company’s stock.



A number of institutional investors have recently modified their holdings of NLS. Wells Fargo & Company MN boosted its position in Nautilus by 5.1% in the first quarter. Wells Fargo & Company MN now owns 398,253 shares of the specialty retailer’s stock valued at $5,357,000 after buying an additional 19,209 shares in the last quarter. BlackRock Inc. boosted its position in Nautilus by 2.7% in the first quarter. BlackRock Inc. now owns 3,980,328 shares of the specialty retailer’s stock valued at $53,536,000 after buying an additional 105,516 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Nautilus by 1,037.8% in the first quarter. JPMorgan Chase & Co. now owns 163,336 shares of the specialty retailer’s stock valued at $2,197,000 after buying an additional 148,980 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Nautilus by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,012,406 shares of the specialty retailer’s stock valued at $27,067,000 after buying an additional 108,293 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Nautilus by 2.4% in the first quarter. Principal Financial Group Inc. now owns 235,362 shares of the specialty retailer’s stock valued at $3,166,000 after buying an additional 5,577 shares in the last quarter. Hedge funds and other institutional investors own 92.15% of the company’s stock.

Shares of NLS opened at $12.67 on Thursday. Nautilus has a 12 month low of $11.30 and a 12 month high of $17.20. The company has a market cap of $391.11 million, a PE ratio of 14.40, a price-to-earnings-growth ratio of 1.23 and a beta of 1.08. The company has a current ratio of 2.19, a quick ratio of 1.63 and a debt-to-equity ratio of 0.13.

Nautilus (NYSE:NLS) last announced its earnings results on Monday, July 30th. The specialty retailer reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). The business had revenue of $75.50 million for the quarter, compared to the consensus estimate of $78.67 million. Nautilus had a return on equity of 14.23% and a net margin of 6.32%. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.08 earnings per share. As a group, equities analysts predict that Nautilus will post 1.05 EPS for the current year.

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.

Recommended Story: Why is the ex-dividend date different from the record date?

Analyst Recommendations for Nautilus (NYSE:NLS)

Receive News & Ratings for Nautilus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nautilus and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply