Nautilus Inc. (NLS) Given Consensus Rating of “Buy” by Analysts
Shares of Nautilus Inc. (NYSE:NLS) have received a consensus rating of “Buy” from the seven ratings firms that are currently covering the company. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $25.80.
NLS has been the subject of several recent analyst reports. Imperial Capital downgraded Nautilus from an “outperform” rating to an “in-line” rating and set a $26.00 price target for the company. in a report on Monday, September 19th. Wunderlich reissued a “buy” rating and issued a $24.00 price target on shares of Nautilus in a report on Thursday, June 23rd. B. Riley reissued a “buy” rating and issued a $23.00 price target on shares of Nautilus in a report on Wednesday, August 3rd. Zacks Investment Research raised Nautilus from a “sell” rating to a “hold” rating in a report on Thursday, August 4th. Finally, DA Davidson restated a “buy” rating and issued a $28.00 price objective on shares of Nautilus in a research note on Thursday, September 29th.
Nautilus (NYSE:NLS) traded down 1.17% on Thursday, reaching $21.03. The company’s stock had a trading volume of 202,220 shares. Nautilus has a 12-month low of $15.50 and a 12-month high of $24.99. The firm has a 50-day moving average of $23.05 and a 200 day moving average of $20.16. The company has a market capitalization of $654.16 million, a price-to-earnings ratio of 23.08 and a beta of 2.18.
Nautilus (NYSE:NLS) last issued its quarterly earnings results on Monday, August 1st. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. The business earned $78.50 million during the quarter, compared to the consensus estimate of $77.83 million. Nautilus had a return on equity of 24.07% and a net margin of 7.49%. The company’s quarterly revenue was up 31.5% on a year-over-year basis. During the same quarter last year, the company earned $0.07 earnings per share. On average, equities research analysts anticipate that Nautilus will post $1.14 EPS for the current fiscal year.
In related news, 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 transaction of $161,250.00. Following the completion of the transaction, the director now directly owns 35,802 shares in the company, valued at $769,743. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Marvin G. Siegert sold 7,000 shares of Nautilus stock in a transaction that occurred on Friday, August 19th. The shares were sold at an average price of $21.28, for a total value of $148,960.00. The disclosure for this sale can be found here. Corporate insiders own 3.40% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Orca Investment Management LLC bought a new position in shares of Nautilus during the second quarter valued at $1,983,000. Hancock Holding Co. bought a new position in shares of Nautilus during the first quarter valued at $688,000. Kennedy Capital Management Inc. bought a new position in shares of Nautilus during the first quarter valued at $1,451,000. JPMorgan Chase & Co. boosted its position in shares of 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, Moody Aldrich Partners LLC boosted its position in shares of Nautilus by 167.0% in the second quarter. Moody Aldrich Partners LLC now owns 74,435 shares of the company’s stock valued at $1,328,000 after buying an additional 46,555 shares in the last quarter. 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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