Imperial Capital Weighs in on Nautilus, Inc.’s FY2018 Earnings (NLS)

Nautilus, Inc. (NYSE:NLS) – Investment analysts at Imperial Capital reduced their FY2018 earnings estimates for shares of Nautilus in a research report issued to clients and investors on Tuesday, October 30th. Imperial Capital analyst G. Kelly now forecasts that the specialty retailer will post earnings of $1.06 per share for the year, down from their previous forecast of $1.07. Imperial Capital has a “In-Line” rating and a $12.00 price objective on the stock. Imperial Capital also issued estimates for Nautilus’ Q4 2018 earnings at $0.61 EPS, Q1 2019 earnings at $0.28 EPS, Q2 2019 earnings at $0.03 EPS, Q3 2019 earnings at $0.20 EPS, Q4 2019 earnings at $0.54 EPS and FY2019 earnings at $1.06 EPS.

Other research analysts have also recently issued research reports about the company. B. Riley boosted their price target on Nautilus from $19.50 to $21.00 and gave the stock a “buy” rating in a research note on Friday, August 24th. Lake Street Capital upgraded Nautilus from a “hold” rating to a “buy” rating and boosted their price target for the stock from $16.00 to $17.00 in a research note on Tuesday, July 31st. TheStreet cut Nautilus from a “b-” rating to a “c+” rating in a research note on Thursday, July 19th. Finally, Zacks Investment Research upgraded Nautilus from a “sell” rating to a “hold” rating in a research note on Tuesday, July 24th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $16.50.

Shares of NYSE:NLS opened at $12.48 on Thursday. The firm has a market cap of $349.97 million, a price-to-earnings ratio of 14.18, a P/E/G ratio of 1.12 and a beta of 1.08. Nautilus has a 12-month low of $10.82 and a 12-month high of $17.20. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.93 and a quick ratio of 1.63.

Nautilus (NYSE:NLS) last announced its quarterly earnings data on Monday, October 29th. The specialty retailer reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.02). The company had revenue of $91.10 million for the quarter, compared to analysts’ expectations of $94.12 million. Nautilus had a net margin of 5.31% and a return on equity of 11.91%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 EPS.

In related news, CEO Bruce M. Cazenave sold 10,700 shares of Nautilus stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of $14.81, for a total value of $158,467.00. Following the completion of the sale, the chief executive officer now owns 389,044 shares of the company’s stock, valued at $5,761,741.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Bruce M. Cazenave sold 16,600 shares of Nautilus stock in a transaction on Tuesday, September 25th. The stock was sold at an average price of $14.01, for a total value of $232,566.00. Following the completion of the sale, the chief executive officer now directly owns 382,094 shares of the company’s stock, valued at approximately $5,353,136.94. The disclosure for this sale can be found here. 3.70% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of NLS. BlackRock Inc. grew its holdings in shares of Nautilus by 2.7% in the first quarter. BlackRock Inc. now owns 3,980,328 shares of the specialty retailer’s stock worth $53,536,000 after acquiring an additional 105,516 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Nautilus by 1,037.8% in the first quarter. JPMorgan Chase & Co. now owns 163,336 shares of the specialty retailer’s stock worth $2,197,000 after acquiring an additional 148,980 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Nautilus by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,012,406 shares of the specialty retailer’s stock worth $27,067,000 after acquiring an additional 108,293 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Nautilus by 2.4% in the first quarter. Principal Financial Group Inc. now owns 235,362 shares of the specialty retailer’s stock worth $3,166,000 after acquiring an additional 5,577 shares during the period. Finally, Millennium Management LLC grew its holdings in shares of Nautilus by 367.5% in the first quarter. Millennium Management LLC now owns 452,507 shares of the specialty retailer’s stock worth $6,086,000 after acquiring an additional 355,709 shares during the period. 92.23% of the stock is 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 use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, 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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