Nautilus, Inc. (NYSE:NLS) Expected to Announce Quarterly Sales of $81.27 Million

Brokerages expect that Nautilus, Inc. (NYSE:NLS) will post sales of $81.27 million for the current quarter, according to Zacks. Four analysts have made estimates for Nautilus’ earnings, with estimates ranging from $77.00 million to $88.50 million. Nautilus posted sales of $91.06 million during the same quarter last year, which suggests a negative year over year growth rate of 10.8%. The business is expected to issue its next quarterly earnings results on Monday, November 4th.

On average, analysts expect that Nautilus will report full-year sales of $339.64 million for the current year, with estimates ranging from $330.50 million to $351.20 million. For the next financial year, analysts forecast that the business will post sales of $351.12 million, with estimates ranging from $332.10 million to $374.26 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow Nautilus.

Nautilus (NYSE:NLS) last released its quarterly earnings data on Wednesday, July 31st. The specialty retailer reported ($0.33) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by ($0.14). The firm had revenue of $59.00 million for the quarter, compared to the consensus estimate of $60.08 million. Nautilus had a negative net margin of 23.37% and a negative return on equity of 7.72%.

Several research firms have recently commented on NLS. Zacks Investment Research upgraded Nautilus from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Imperial Capital upgraded Nautilus from an “in-line” rating to an “outperform” rating and set a $4.50 price objective for the company in a report on Wednesday, July 17th. Lake Street Capital decreased their price objective on Nautilus from $5.00 to $3.00 and set a “hold” rating for the company in a report on Thursday, August 1st. Finally, ValuEngine upgraded Nautilus from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Nautilus currently has a consensus rating of “Hold” and a consensus price target of $6.79.

Shares of NYSE NLS traded up $0.05 during midday trading on Thursday, hitting $1.29. 337,277 shares of the stock traded hands, compared to its average volume of 591,582. The company has a market cap of $36.86 million, a PE ratio of 2.58 and a beta of 0.92. Nautilus has a one year low of $1.20 and a one year high of $13.87. The business has a 50 day moving average price of $1.37 and a two-hundred day moving average price of $2.53. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 2.08.

In related news, Director M Carl Johnson III bought 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The shares were bought at an average price of $1.25 per share, with a total value of $37,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.20% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in NLS. Royal Bank of Canada boosted its holdings in shares of Nautilus by 58.4% in the 2nd quarter. Royal Bank of Canada now owns 26,500 shares of the specialty retailer’s stock worth $58,000 after purchasing an additional 9,770 shares in the last quarter. Walleye Trading Advisors LLC boosted its holdings in Nautilus by 684.2% during the 2nd quarter. Walleye Trading Advisors LLC now owns 119,429 shares of the specialty retailer’s stock valued at $264,000 after acquiring an additional 104,200 shares during the period. Walleye Trading LLC boosted its holdings in Nautilus by 247.6% during the 2nd quarter. Walleye Trading LLC now owns 125,791 shares of the specialty retailer’s stock valued at $278,000 after acquiring an additional 89,600 shares during the period. Susquehanna International Group LLP purchased a new stake in Nautilus during the 2nd quarter valued at about $49,000. Finally, Jane Street Group LLC purchased a new stake in Nautilus during the 2nd quarter valued at about $299,000. 85.74% of the stock is currently owned by institutional investors.

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 and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, strength products, home gyms, dumbbells, 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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