Nautilus, Inc. (NYSE:NLS)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $2.80, but opened at $2.35. Nautilus shares last traded at $2.20, with a volume of 20,961 shares traded.
A number of research analysts recently issued reports on NLS shares. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Imperial Capital upgraded Nautilus from an “in-line” rating to an “outperform” rating and set a $4.50 price target on the stock in a research note on Wednesday. Lake Street Capital dropped their price target on Nautilus from $8.00 to $5.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. DA Davidson dropped their price target on Sally Beauty to $16.50 and set a “neutral” rating on the stock in a research note on Tuesday, May 7th. Finally, Zacks Investment Research downgraded ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $7.07.
The business has a 50-day moving average of $2.25. The company has a quick ratio of 1.09, a current ratio of 2.22 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $51.33 million, a P/E ratio of 4.32 and a beta of 0.92.
Nautilus (NYSE:NLS) last posted its quarterly earnings data on Monday, May 6th. The specialty retailer reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.26). Nautilus had a negative return on equity of 0.83% and a negative net margin of 0.54%. The company had revenue of $84.40 million for the quarter, compared to analyst estimates of $92.41 million. During the same period in the previous year, the business posted $0.27 earnings per share. The firm’s revenue was down 26.5% compared to the same quarter last year. As a group, research analysts expect that Nautilus, Inc. will post -0.23 EPS for the current fiscal year.
In related news, CEO M Carl Johnson III acquired 10,000 shares of the firm’s stock in a transaction on Thursday, May 30th. The stock was bought at an average cost of $2.78 per share, with a total value of $27,800.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 3.20% of the stock is currently owned by company insiders.
Several institutional investors and hedge funds have recently bought and sold shares of NLS. BNP Paribas Arbitrage SA lifted its holdings in shares of Nautilus by 4,407.3% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,175 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 6,038 shares during the period. Quantamental Technologies LLC lifted its holdings in shares of Nautilus by 851.4% in the 1st quarter. Quantamental Technologies LLC now owns 6,641 shares of the specialty retailer’s stock valued at $37,000 after buying an additional 5,943 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Nautilus in the 1st quarter valued at approximately $56,000. Municipal Employees Retirement System of Michigan acquired a new stake in shares of Nautilus in the 4th quarter valued at approximately $93,000. Finally, Magnus Financial Group LLC acquired a new stake in shares of Nautilus in the 1st quarter valued at approximately $97,000. 89.50% of the stock is owned by institutional investors and hedge funds.
Nautilus Company Profile (NYSE:NLS)
Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, strength products, home gyms, dumbbells, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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