Nautilus Inc. (NYSE:NLS) – Investment analysts at SunTrust Banks cut their FY2016 earnings estimates for shares of Nautilus in a research report issued on Monday. SunTrust Banks analyst M. Swartz now anticipates that the brokerage will post earnings of $1.17 per share for the year, down from their prior forecast of $1.20.

Other research analysts have also issued reports about the company. B. Riley lowered Nautilus to a “neutral” rating and set a $23.00 price objective for the company. in a research report on Saturday. Imperial Capital increased their price objective on Nautilus from $24.00 to $26.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 3rd. Zacks Investment Research lowered Nautilus from a “buy” rating to a “sell” rating in a research report on Wednesday, July 13th. Wunderlich reiterated a “buy” rating and issued a $24.00 price objective on shares of Nautilus in a research report on Tuesday, August 2nd. Finally, DA Davidson reiterated a “buy” rating and issued a $28.00 price objective on shares of Nautilus in a research report on Thursday, September 29th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $24.86.

Shares of Nautilus (NYSE:NLS) traded up 2.04% on Wednesday, reaching $21.98. The company had a trading volume of 148,523 shares. Nautilus has a 12 month low of $15.16 and a 12 month high of $24.99. The firm’s 50 day moving average is $23.07 and its 200 day moving average is $20.06. The firm has a market capitalization of $683.71 million, a PE ratio of 24.13 and a beta of 2.18.

Nautilus (NYSE:NLS) last announced its quarterly earnings results on Monday, August 1st. The company reported $0.12 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate 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 last year, the business posted $0.07 EPS. The business’s revenue was up 31.5% compared to the same quarter last year.

Several hedge funds have recently made changes to their positions in NLS. 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 last quarter. 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 last quarter. 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 last quarter. Institutional investors and hedge funds own 85.78% of the company’s stock.

In other news, Director Richard A. Horn sold 7,500 shares of the stock in a transaction 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 sale, the director now directly owns 35,802 shares in the company, valued at $769,743. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Jeffery Lynn Collins sold 4,166 shares of the stock in a transaction on Friday, August 19th. The shares were sold at an average price of $21.30, for a total value of $88,735.80. Following the completion of the sale, 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.

Nautilus Company Profile

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.

5 Day Chart for NYSE:NLS

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