ValuEngine downgraded shares of Nautilus (NYSE:NLS) from a buy rating to a hold rating in a research report sent to investors on Friday morning.

Several other analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Nautilus from a buy rating to a hold rating in a research note on Wednesday, January 17th. B. Riley reiterated a buy rating and issued a $19.75 target price on shares of Nautilus in a research note on Friday, November 17th. TheStreet lowered shares of Nautilus from a b rating to a c+ rating in a research note on Thursday, November 2nd. Imperial Capital lowered shares of Nautilus from an outperform rating to an in-line rating and reduced their target price for the stock from $20.00 to $14.00 in a research note on Tuesday, October 31st. Finally, Lake Street Capital lowered shares of Nautilus from a buy rating to a hold rating and reduced their target price for the stock from $25.00 to $15.00 in a research note on Tuesday, October 31st. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Nautilus currently has an average rating of Hold and an average price target of $18.47.

Shares of Nautilus (NYSE NLS) opened at $11.75 on Friday. Nautilus has a one year low of $11.70 and a one year high of $19.80. The company has a quick ratio of 1.38, a current ratio of 2.02 and a debt-to-equity ratio of 0.20. The stock has a market cap of $377.70, a price-to-earnings ratio of 12.42, a PEG ratio of 1.17 and a beta of 1.59.

In related news, CEO Bruce M. Cazenave sold 5,350 shares of the stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $12.66, for a total transaction of $67,731.00. Following the completion of the transaction, the chief executive officer now owns 372,876 shares in the company, valued at $4,720,610.16. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Bruce M. Cazenave sold 10,700 shares of the stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $12.65, for a total transaction of $135,355.00. Following the transaction, the chief executive officer now owns 372,876 shares of the company’s stock, valued at approximately $4,716,881.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,940 shares of company stock valued at $622,663. 3.70% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC bought a new position in Nautilus during the third quarter valued at about $134,000. Citigroup Inc. grew its position in Nautilus by 3,252.1% during the second quarter. Citigroup Inc. now owns 7,341 shares of the specialty retailer’s stock valued at $141,000 after buying an additional 7,122 shares during the period. Jane Street Group LLC bought a new position in Nautilus during the third quarter valued at about $173,000. UBS Asset Management Americas Inc. bought a new position in Nautilus during the second quarter valued at about $193,000. Finally, Municipal Employees Retirement System of Michigan grew its position in Nautilus by 58.7% during the third quarter. Municipal Employees Retirement System of Michigan now owns 11,520 shares of the specialty retailer’s stock valued at $195,000 after buying an additional 4,260 shares during the period. Institutional investors own 99.18% of the company’s stock.

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Nautilus 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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Nautilus (NYSE:NLS)

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