Shares of Nautilus, Inc. (NYSE:NLS) have earned an average recommendation of “Hold” from the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $16.96.
Several analysts have recently commented on the company. Zacks Investment Research cut Nautilus from a “hold” rating to a “sell” rating in a research report on Friday, March 9th. Imperial Capital reaffirmed an “in-line” rating and issued a $12.00 target price (down previously from $14.00) on shares of Nautilus in a research report on Wednesday, March 7th. Lake Street Capital reaffirmed a “hold” rating and issued a $14.00 target price (down previously from $15.00) on shares of Nautilus in a research report on Tuesday, March 6th. B. Riley decreased their target price on Nautilus from $19.75 to $16.75 and set a “buy” rating for the company in a research report on Tuesday, March 6th. Finally, ValuEngine cut Nautilus from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd.
In related news, CEO Bruce M. Cazenave sold 10,700 shares of Nautilus stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $12.65, for a total transaction of $135,355.00. Following the completion of the sale, the chief executive officer now owns 372,876 shares of the company’s stock, valued at $4,716,881.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Jeffery Lynn Collins sold 2,335 shares of Nautilus stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $13.00, for a total value of $30,355.00. Following the sale, the vice president now directly owns 3,432 shares of the company’s stock, valued at approximately $44,616. The disclosure for this sale can be found here. In the last three months, insiders have sold 34,435 shares of company stock valued at $440,700. Insiders own 3.70% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in NLS. Cooke & Bieler LP lifted its position in shares of Nautilus by 43.4% in the fourth quarter. Cooke & Bieler LP now owns 1,781,670 shares of the specialty retailer’s stock worth $23,785,000 after buying an additional 539,291 shares during the last quarter. Alambic Investment Management L.P. acquired a new stake in shares of Nautilus in the fourth quarter worth about $4,192,000. Skylands Capital LLC lifted its position in shares of Nautilus by 227.2% in the fourth quarter. Skylands Capital LLC now owns 376,297 shares of the specialty retailer’s stock worth $5,024,000 after buying an additional 261,297 shares during the last quarter. LSV Asset Management lifted its position in shares of Nautilus by 208.5% in the fourth quarter. LSV Asset Management now owns 331,023 shares of the specialty retailer’s stock worth $4,419,000 after buying an additional 223,723 shares during the last quarter. Finally, Royce & Associates LP lifted its position in shares of Nautilus by 11.3% in the third quarter. Royce & Associates LP now owns 1,958,049 shares of the specialty retailer’s stock worth $33,091,000 after buying an additional 199,000 shares during the last quarter. 88.95% of the stock is owned by hedge funds and other institutional investors.
Shares of Nautilus (NLS) opened at $13.00 on Wednesday. The company has a market capitalization of $403.80, a price-to-earnings ratio of 15.29, a PEG ratio of 1.31 and a beta of 1.61. The company has a quick ratio of 1.39, a current ratio of 1.94 and a debt-to-equity ratio of 0.18. Nautilus has a 12-month low of $11.30 and a 12-month high of $19.80.
Nautilus (NYSE:NLS) last issued its earnings results on Monday, March 5th. The specialty retailer reported $0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.04). The business had revenue of $127.80 million during the quarter, compared to analyst estimates of $128.64 million. Nautilus had a return on equity of 15.93% and a net margin of 6.47%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the business earned $0.38 EPS. research analysts expect that Nautilus will post 1 EPS for the current year.
Nautilus announced that its board has initiated a share repurchase plan on Monday, March 5th that permits the company to buyback $15.00 million in shares. This buyback authorization permits the specialty retailer to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.
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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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