Nautilus Inc. (NLS) Given Consensus Rating of “Buy” by Analysts
Shares of Nautilus Inc. (NYSE:NLS) have been given an average recommendation of “Buy” by the seven analysts that are covering the stock. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $25.80.
Several analysts have commented on the company. B. Riley reaffirmed a “buy” rating and set a $23.00 price objective on shares of Nautilus in a research note on Friday, July 29th. Imperial Capital assumed coverage on Nautilus in a research note on Wednesday, July 6th. They set an “outperform” rating and a $24.00 target price for the company. Zacks Investment Research raised Nautilus from a “sell” rating to a “hold” rating in a research note on Thursday, August 4th. Wunderlich reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Nautilus in a research note on Tuesday, August 2nd. Finally, DA Davidson reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Nautilus in a research note on Thursday, September 29th.
Shares of Nautilus (NYSE:NLS) traded down 1.17% during mid-day trading on Thursday, hitting $21.03. The stock had a trading volume of 202,220 shares. The company has a market cap of $654.16 million, a PE ratio of 23.08 and a beta of 2.18. The stock has a 50 day moving average price of $23.05 and a 200-day moving average price of $20.16. Nautilus has a 52-week low of $15.50 and a 52-week high of $24.99.
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Nautilus (NYSE:NLS) last posted its quarterly earnings data on Monday, August 1st. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The firm earned $78.50 million during the quarter, compared to the consensus estimate of $77.83 million. Nautilus had a return on equity of 24.07% and a net margin of 7.49%. The firm’s revenue was up 31.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.07 EPS. On average, equities analysts expect that Nautilus will post $1.14 earnings per share for the current fiscal year.
In other Nautilus news, Director Richard A. Horn sold 7,500 shares of the stock in a transaction on Monday, August 15th. The stock was sold at an average price of $21.50, for a total transaction of $161,250.00. Following the sale, the director now owns 35,802 shares in the company, valued at approximately $769,743. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Jeffery Lynn Collins sold 4,166 shares of the stock in a transaction on Friday, August 19th. The shares were sold at an average price of $21.30, for a total value of $88,735.80. Following the sale, the vice president now owns 4,278 shares in the company, valued at approximately $91,121.40. The disclosure for this sale can be found here. Company insiders own 3.40% of the company’s stock.
Large investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in shares of Nautilus by 224.7% in the second quarter. BlackRock Inc. now owns 6,339 shares of the company’s stock worth $113,000 after buying an additional 4,387 shares during the period. AXA bought a new stake in shares of Nautilus during the second quarter worth approximately $146,000. FineMark National Bank & Trust boosted its stake in shares of Nautilus by 0.4% in the second quarter. FineMark National Bank & Trust now owns 10,035 shares of the company’s stock worth $179,000 after buying an additional 35 shares during the period. Pacad Investment Ltd. bought a new stake in shares of Nautilus during the second quarter worth approximately $192,000. Finally, TFS Capital LLC boosted its stake in shares of Nautilus by 9.1% in the second quarter. TFS Capital LLC now owns 12,180 shares of the company’s stock worth $217,000 after buying an additional 1,012 shares during the period. Hedge funds and other institutional investors own 85.78% of the company’s stock.
Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. The Direct segment offers products directly to consumers through television advertising, catalogs and the Internet. The Retail segment offers its products through a network of independent retail companies with stores and Websites located in the United States and internationally.
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