Nautilus Inc. (NLS) PT Raised to $28.00 at Wunderlich
Nautilus Inc. (NYSE:NLS) had its price target upped by stock analysts at Wunderlich from $24.00 to $28.00 in a report issued on Wednesday. The firm presently has a “buy” rating on the stock. Wunderlich’s target price indicates a potential upside of 22.97% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. B. Riley downgraded Nautilus from a “buy” rating to a “neutral” rating and set a $23.00 price target on the stock. in a report on Monday. Imperial Capital increased their price target on Nautilus from $24.00 to $26.00 and gave the stock an “outperform” rating in a report on Wednesday, August 3rd. Finally, Zacks Investment Research downgraded Nautilus from a “buy” rating to a “sell” rating in a report on Wednesday, July 13th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $24.86.
Nautilus (NYSE:NLS) opened at 22.77 on Wednesday. The firm has a 50-day moving average price of $22.99 and a 200-day moving average price of $19.96. The stock has a market capitalization of $708.28 million, a PE ratio of 24.99 and a beta of 1.99. Nautilus has a 52 week low of $14.28 and a 52 week high of $24.99.
Nautilus (NYSE:NLS) last issued its quarterly earnings data on Monday, August 1st. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. Nautilus had a return on equity of 24.07% and a net margin of 7.49%. The business had revenue of $78.50 million for the quarter, compared to the consensus estimate of $77.83 million. During the same period in the prior year, the business posted $0.07 earnings per share. The company’s quarterly revenue was up 31.5% compared to the same quarter last year. Equities research analysts predict that Nautilus will post $1.15 EPS for the current fiscal year.
In other Nautilus news, Director Marvin G. Siegert sold 7,000 shares of the firm’s stock in a transaction on Friday, August 19th. The stock was sold at an average price of $21.28, for a total transaction of $148,960.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Jeffery Lynn Collins sold 4,166 shares of the firm’s stock in a transaction on Friday, August 19th. The stock was sold at an average price of $21.30, for a total value of $88,735.80. Following the transaction, the vice president now owns 4,278 shares in the company, valued at $91,121.40. The disclosure for this sale can be found here. Company insiders own 3.40% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of Nautilus by 224.7% in the second quarter. BlackRock Inc. now owns 6,339 shares of the company’s stock valued at $113,000 after buying an additional 4,387 shares during the period. AXA bought a new stake in shares of Nautilus during the second quarter valued at about $146,000. FineMark National Bank & Trust boosted its stake in shares of Nautilus by 0.4% in the second quarter. FineMark National Bank & Trust now owns 10,035 shares of the company’s stock valued at $179,000 after buying an additional 35 shares during the period. Pacad Investment Ltd. bought a new stake in shares of Nautilus during the second quarter valued at about $192,000. Finally, TFS Capital LLC boosted its stake in shares of Nautilus by 9.1% in the second quarter. TFS Capital LLC now owns 12,180 shares of the company’s stock valued at $217,000 after buying an additional 1,012 shares during the period. Institutional investors own 85.78% of the company’s stock.
Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. The Direct segment offers products directly to consumers through television advertising, catalogs and the Internet. The Retail segment offers its products through a network of independent retail companies with stores and Websites located in the United States and internationally.
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