Brokerages Expect Nautilus, Inc. (NLS) Will Post Quarterly Sales of $128.63 Million

Equities research analysts forecast that Nautilus, Inc. (NYSE:NLS) will post $128.63 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Nautilus’ earnings. The highest sales estimate is $130.30 million and the lowest is $127.80 million. Nautilus posted sales of $125.76 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 2.3%. The company is scheduled to issue its next quarterly earnings results on Tuesday, February 20th.

On average, analysts expect that Nautilus will report full-year sales of $128.63 million for the current year, with estimates ranging from $406.20 million to $408.70 million. For the next year, analysts expect that the company will post sales of $428.56 million per share, with estimates ranging from $421.13 million to $441.72 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow Nautilus.

Several equities research analysts recently weighed in on the company. Imperial Capital downgraded Nautilus from an “outperform” rating to an “in-line” rating and decreased their price target for the stock from $20.00 to $14.00 in a report on Tuesday, October 31st. Lake Street Capital downgraded Nautilus from a “buy” rating to a “hold” rating and decreased their price target for the stock from $25.00 to $15.00 in a report on Tuesday, October 31st. SunTrust Banks downgraded Nautilus from a “buy” rating to a “hold” rating and set a $16.00 price target for the company. in a report on Tuesday, October 31st. B. Riley set a $20.00 price target on Nautilus and gave the stock a “buy” rating in a report on Tuesday, October 31st. Finally, Zacks Investment Research downgraded Nautilus from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Nautilus has an average rating of “Hold” and an average target price of $18.47.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Engine Capital Management LLC acquired a new stake in Nautilus in the fourth quarter valued at $134,000. Goldman Sachs Group Inc. lifted its holdings in Nautilus by 97.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 104,494 shares of the specialty retailer’s stock valued at $1,395,000 after acquiring an additional 51,613 shares during the period. Stone Ridge Asset Management LLC acquired a new stake in Nautilus in the fourth quarter valued at $352,000. Jefferies Group LLC acquired a new stake in Nautilus in the fourth quarter valued at $183,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in Nautilus in the fourth quarter valued at $549,000. 99.44% of the stock is owned by institutional investors.

Nautilus (NLS) opened at $12.05 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.20. The stock has a market cap of $368.48, a P/E ratio of 12.68, a PEG ratio of 1.14 and a beta of 1.59. Nautilus has a 1 year low of $11.35 and a 1 year high of $19.80.

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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.

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Earnings History and Estimates for Nautilus (NYSE:NLS)

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