Zacks Investment Research upgraded shares of Nautilus Group, Inc. (The) (NYSE:NLS) from a sell rating to a hold rating in a research report released on Wednesday.

According to Zacks, “Nautilus, Inc. helps people achieve a fit and healthy lifestyle through proper exercise, rest and nutrition. With a brand portfolio that includes Nautilus, Bowflex, SchwinnFitness, StairMaster and Trimline, Nautilus manufactures and markets a complete line of innovative health and fitness products through direct, commercial and retail channels. “

NLS has been the subject of a number of other research reports. Aegis started coverage on shares of Nautilus Group, Inc. (The) in a research report on Monday, September 11th. They set a buy rating and a $21.00 target price for the company. B. Riley reissued a buy rating and set a $22.00 target price on shares of Nautilus Group, Inc. (The) in a research report on Tuesday, September 5th. Finally, DA Davidson raised shares of Nautilus Group, Inc. (The) from a neutral rating to a buy rating and boosted their target price for the stock from $19.00 to $22.00 in a research report on Wednesday, August 9th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $22.67.

Nautilus Group, Inc. (NLS) traded up 0.29% on Wednesday, reaching $17.20. The company’s stock had a trading volume of 137,723 shares. The company has a market capitalization of $529.52 million, a price-to-earnings ratio of 18.61 and a beta of 2.13. Nautilus Group, Inc. has a 1-year low of $14.28 and a 1-year high of $21.89. The stock has a 50 day moving average price of $16.75 and a 200-day moving average price of $17.65.

Nautilus Group, Inc. (The) (NYSE:NLS) last released its earnings results on Monday, July 31st. The specialty retailer reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.01). The firm had revenue of $77.00 million for the quarter, compared to analyst estimates of $77.71 million. Nautilus Group, Inc. (The) had a return on equity of 17.22% and a net margin of 7.25%. The firm’s revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS. Equities analysts predict that Nautilus Group, Inc. will post $1.12 earnings per share for the current fiscal year.

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In other news, Director Richard A. Horn sold 7,500 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $16.70, for a total transaction of $125,250.00. Following the completion of the transaction, the director now owns 41,626 shares of the company’s stock, valued at $695,154.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.70% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Mesirow Financial Investment Management Inc. acquired a new position in shares of Nautilus Group, Inc. (The) during the second quarter valued at about $400,000. U S Global Investors Inc. acquired a new position in shares of Nautilus Group, Inc. (The) during the second quarter valued at about $1,316,000. Wasatch Advisors Inc. raised its position in shares of Nautilus Group, Inc. (The) by 10.0% during the second quarter. Wasatch Advisors Inc. now owns 110,000 shares of the specialty retailer’s stock valued at $2,107,000 after buying an additional 10,000 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Nautilus Group, Inc. (The) by 1.3% during the second quarter. The Manufacturers Life Insurance Company now owns 24,450 shares of the specialty retailer’s stock valued at $468,000 after buying an additional 310 shares during the last quarter. Finally, State Street Corp raised its position in shares of Nautilus Group, Inc. (The) by 4.2% during the second quarter. State Street Corp now owns 738,489 shares of the specialty retailer’s stock valued at $14,141,000 after buying an additional 29,999 shares during the last quarter. 97.51% of the stock is owned by institutional investors and hedge funds.

Nautilus Group, Inc. (The) Company Profile

Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. Its principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America.

Analyst Recommendations for Nautilus Group, Inc. (The) (NYSE:NLS)

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