Imperial Capital Comments on Nautilus, Inc.’s FY2018 Earnings (NLS)

Nautilus, Inc. (NYSE:NLS) – Analysts at Imperial Capital lowered their FY2018 EPS estimates for shares of Nautilus in a report released on Tuesday, October 30th. Imperial Capital analyst G. Kelly now expects that the specialty retailer will earn $1.06 per share for the year, down from their previous estimate of $1.07. Imperial Capital currently has a “In-Line” rating and a $12.00 target price on the stock. Imperial Capital also issued estimates for Nautilus’ Q4 2018 earnings at $0.61 EPS, Q1 2019 earnings at $0.28 EPS, Q2 2019 earnings at $0.03 EPS, Q3 2019 earnings at $0.20 EPS, Q4 2019 earnings at $0.54 EPS and FY2019 earnings at $1.06 EPS.

Other research analysts also recently issued research reports about the stock. B. Riley upped their target price on shares of Nautilus from $18.00 to $19.50 and gave the stock a “buy” rating in a report on Tuesday, July 24th. TheStreet downgraded shares of Nautilus from a “b-” rating to a “c+” rating in a report on Thursday, July 19th. Zacks Investment Research raised shares of Nautilus from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th. Finally, Lake Street Capital raised shares of Nautilus from a “hold” rating to a “buy” rating and upped their target price for the stock from $16.00 to $17.00 in a report on Tuesday, July 31st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $16.50.



Shares of Nautilus stock opened at $12.23 on Thursday. The firm has a market capitalization of $349.97 million, a P/E ratio of 13.90, a PEG ratio of 1.12 and a beta of 1.08. The company has a quick ratio of 1.63, a current ratio of 1.93 and a debt-to-equity ratio of 0.11. Nautilus has a fifty-two week low of $10.82 and a fifty-two week high of $17.20.

Nautilus (NYSE:NLS) last issued its earnings results on Monday, October 29th. The specialty retailer reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). The firm had revenue of $91.10 million during the quarter, compared to the consensus estimate of $94.12 million. Nautilus had a return on equity of 11.91% and a net margin of 5.31%. The company’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.27 EPS.

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

A number of hedge funds have recently made changes to their positions in NLS. BlackRock Inc. lifted its stake in Nautilus by 2.7% in the 1st quarter. BlackRock Inc. now owns 3,980,328 shares of the specialty retailer’s stock worth $53,536,000 after purchasing an additional 105,516 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Nautilus by 1,037.8% in the 1st quarter. JPMorgan Chase & Co. now owns 163,336 shares of the specialty retailer’s stock worth $2,197,000 after purchasing an additional 148,980 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Nautilus by 5.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,012,406 shares of the specialty retailer’s stock worth $27,067,000 after purchasing an additional 108,293 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Nautilus by 2.4% in the 1st quarter. Principal Financial Group Inc. now owns 235,362 shares of the specialty retailer’s stock worth $3,166,000 after purchasing an additional 5,577 shares in the last quarter. Finally, Millennium Management LLC lifted its stake in Nautilus by 367.5% in the 1st quarter. Millennium Management LLC now owns 452,507 shares of the specialty retailer’s stock worth $6,086,000 after purchasing an additional 355,709 shares in the last quarter. Institutional investors and hedge funds own 92.23% of the company’s stock.

About Nautilus

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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Earnings History and Estimates for Nautilus (NYSE:NLS)

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