$0.31 Earnings Per Share Expected for Nautilus, Inc. (NLS) This Quarter

Analysts forecast that Nautilus, Inc. (NYSE:NLS) will post earnings of $0.31 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Nautilus’ earnings, with estimates ranging from $0.29 to $0.32. Nautilus posted earnings per share of $0.38 during the same quarter last year, which would indicate a negative year over year growth rate of 18.4%. The business is scheduled to issue its next earnings report on Tuesday, February 20th.

According to Zacks, analysts expect that Nautilus will report full-year earnings of $0.92 per share for the current year, with EPS estimates ranging from $0.90 to $0.93. For the next fiscal year, analysts forecast that the firm will report earnings of $1.05 per share, with EPS estimates ranging from $0.94 to $1.20. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Nautilus.

A number of equities research analysts have weighed in on NLS shares. B. Riley set a $20.00 target price on shares of Nautilus and gave the stock a “buy” rating in a report on Tuesday, October 31st. Zacks Investment Research raised shares of Nautilus from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Tuesday, January 16th. TheStreet lowered shares of Nautilus from a “b” rating to a “c+” rating in a report on Thursday, November 2nd. ValuEngine lowered shares of Nautilus from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Lake Street Capital lowered shares of Nautilus from a “buy” rating to a “hold” rating and reduced their target price for the stock from $25.00 to $15.00 in a report on Tuesday, October 31st. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.47.

In other news, Director Anne Saunders sold 5,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $13.00, for a total value of $65,000.00. Following the sale, the director now directly owns 11,626 shares of the company’s stock, valued at approximately $151,138. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Bruce M. Cazenave sold 10,700 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $11.99, for a total transaction of $128,293.00. Following the completion of the sale, the chief executive officer now directly owns 372,876 shares in the company, valued at $4,470,783.24. The disclosure for this sale can be found here. Insiders have sold a total of 37,100 shares of company stock worth $475,345 over the last three months. Insiders own 3.70% of the company’s stock.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of Nautilus by 1.2% in the 4th quarter. BlackRock Inc. now owns 3,874,812 shares of the specialty retailer’s stock valued at $51,728,000 after purchasing an additional 46,615 shares during the last quarter. Royce & Associates LP boosted its stake in shares of Nautilus by 11.3% in the 3rd quarter. Royce & Associates LP now owns 1,958,049 shares of the specialty retailer’s stock valued at $33,091,000 after purchasing an additional 199,000 shares during the last quarter. Cooke & Bieler LP boosted its stake in shares of Nautilus by 43.4% in the 4th quarter. Cooke & Bieler LP now owns 1,781,670 shares of the specialty retailer’s stock valued at $23,785,000 after purchasing an additional 539,291 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Nautilus by 1.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,770,938 shares of the specialty retailer’s stock valued at $29,929,000 after purchasing an additional 30,758 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Nautilus by 4.5% in the 2nd quarter. Vanguard Group Inc. now owns 1,704,129 shares of the specialty retailer’s stock valued at $32,634,000 after purchasing an additional 74,149 shares during the last quarter. 99.44% of the stock is currently owned by institutional investors.

Shares of Nautilus (NLS) traded up $0.15 during trading on Tuesday, hitting $12.15. 242,317 shares of the company traded hands, compared to its average volume of 362,168. The company has a market cap of $369.44, a price-to-earnings ratio of 12.15, a PEG ratio of 1.17 and a beta of 1.59. The company has a quick ratio of 1.38, a current ratio of 2.02 and a debt-to-equity ratio of 0.20. Nautilus has a 12 month low of $11.35 and a 12 month high of $19.80.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://www.americanbankingnews.com/2018/02/13/0-31-earnings-per-share-expected-for-nautilus-inc-nls-this-quarter.html.

Nautilus Company Profile

Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. Its principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America.

Get a free copy of the Zacks research report on Nautilus (NLS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates 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