Q3 2016 EPS Estimates for Nautilus Inc. Decreased by Analyst (NLS)
Nautilus Inc. (NYSE:NLS) – Investment analysts at SunTrust Banks decreased their Q3 2016 earnings estimates for Nautilus in a research note issued to investors on Monday. SunTrust Banks analyst M. Swartz now forecasts that the brokerage will earn $0.15 per share for the quarter, down from their previous forecast of $0.16. SunTrust Banks also issued estimates for Nautilus’ Q4 2016 earnings at $0.62 EPS.
A number of other equities analysts have also recently weighed in on the company. Imperial Capital cut Nautilus from an “outperform” rating to an “in-line” rating and set a $26.00 price objective on the stock. in a report on Monday, September 19th. Wunderlich restated a “buy” rating and set a $24.00 price target on shares of Nautilus in a research report on Thursday, June 23rd. Zacks Investment Research lowered Nautilus from a “buy” rating to a “sell” rating in a research report on Wednesday, July 13th. DA Davidson restated a “buy” rating and set a $28.00 price target on shares of Nautilus in a research report on Thursday, September 29th. Finally, B. Riley lowered Nautilus to a “neutral” rating and set a $23.00 price target on the stock. in a research report on Saturday. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $24.86.
Nautilus (NYSE:NLS) traded down 3.36% during mid-day trading on Tuesday, hitting $21.83. The stock had a trading volume of 239,683 shares. The firm has a market cap of $679.04 million, a PE ratio of 23.96 and a beta of 2.18. Nautilus has a 52 week low of $14.95 and a 52 week high of $24.99. The company’s 50 day moving average price is $23.07 and its 200 day moving average price is $20.05.
Nautilus (NYSE:NLS) last released its quarterly earnings results on Monday, August 1st. The company reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The company had revenue of $78.50 million for the quarter, compared to analysts’ expectations of $77.83 million. Nautilus had a return on equity of 24.07% and a net margin of 7.49%. The business’s quarterly revenue was up 31.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 earnings per share.
Large investors have recently modified their holdings of the company. Virginia Retirement System purchased a new stake in Nautilus during the first quarter valued at $551,000. Teachers Advisors Inc. raised its stake in Nautilus by 17.8% in the first quarter. Teachers Advisors Inc. now owns 497,433 shares of the company’s stock valued at $9,610,000 after buying an additional 75,207 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in Nautilus by 31.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,074,507 shares of the company’s stock valued at $20,759,000 after buying an additional 257,692 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Nautilus by 2.1% in the first quarter. JPMorgan Chase & Co. now owns 587,200 shares of the company’s stock valued at $11,345,000 after buying an additional 12,100 shares in the last quarter. Finally, Picton Mahoney Asset Management raised its stake in Nautilus by 634.5% in the first quarter. Picton Mahoney Asset Management now owns 42,600 shares of the company’s stock valued at $824,000 after buying an additional 36,800 shares in the last quarter. Hedge funds and other institutional investors own 85.78% of the company’s stock.
In other news, VP Jeffery Lynn Collins sold 4,166 shares of Nautilus stock in a transaction that occurred 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 sale, the vice president now directly owns 4,278 shares in the company, valued at approximately $91,121.40. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Richard A. Horn sold 7,500 shares of Nautilus stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $21.50, for a total value of $161,250.00. Following the completion of the sale, the director now owns 35,802 shares in the company, valued at $769,743. The disclosure for this sale can be found here. 3.40% of the stock is owned by insiders.
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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