Shares of Nautilus, Inc. (NYSE:NLS) have received a consensus recommendation of “Hold” from the ten analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $7.07.
Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Nautilus from a “hold” rating to a “strong sell” rating in a research report on Saturday, July 20th. DA Davidson lowered their price objective on shares of Nautilus to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, May 7th. Lake Street Capital lowered their price objective on shares of Nautilus from $8.00 to $5.00 and set a “hold” rating for the company in a research report on Tuesday, May 7th. ValuEngine downgraded shares of Nautilus from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Finally, Imperial Capital raised shares of Nautilus from an “in-line” rating to an “outperform” rating and set a $4.50 price objective for the company in a research report on Wednesday, July 17th.
Shares of NYSE:NLS opened at $1.93 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.22 and a quick ratio of 1.09. Nautilus has a 52-week low of $1.60 and a 52-week high of $15.35. The firm has a 50 day moving average price of $2.06.
Nautilus (NYSE:NLS) last issued its quarterly earnings data on Monday, May 6th. The specialty retailer reported ($0.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.26). Nautilus had a negative net margin of 0.54% and a negative return on equity of 0.83%. The firm had revenue of $84.40 million during the quarter, compared to analyst estimates of $92.41 million. During the same period last year, the business earned $0.27 EPS. The firm’s revenue was down 26.5% compared to the same quarter last year. On average, analysts anticipate that Nautilus will post -0.27 EPS for the current fiscal year.
In other Nautilus news, CEO M Carl Johnson III bought 10,000 shares of Nautilus stock in a transaction dated Thursday, May 30th. The stock was bought at an average cost of $2.78 per share, for a total transaction of $27,800.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 3.20% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP grew its position in Nautilus by 16.8% in the fourth quarter. First Trust Advisors LP now owns 53,774 shares of the specialty retailer’s stock valued at $586,000 after acquiring an additional 7,746 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of Nautilus by 5.7% during the 4th quarter. California Public Employees Retirement System now owns 76,894 shares of the specialty retailer’s stock valued at $838,000 after buying an additional 4,128 shares in the last quarter. BlackRock Inc. lifted its stake in shares of Nautilus by 1.9% during the 4th quarter. BlackRock Inc. now owns 4,471,941 shares of the specialty retailer’s stock valued at $48,743,000 after buying an additional 85,461 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Nautilus by 0.8% during the 4th quarter. Northern Trust Corp now owns 388,231 shares of the specialty retailer’s stock valued at $4,232,000 after buying an additional 2,990 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Nautilus by 140.4% in the 4th quarter. Bank of America Corp DE now owns 29,945 shares of the specialty retailer’s stock valued at $326,000 after acquiring an additional 17,489 shares during the last quarter. Institutional investors own 89.50% of the company’s stock.
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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