Nautilus (NYSE:NLS)‘s stock had its “hold” rating reissued by equities research analysts at Imperial Capital in a report issued on Wednesday. They presently have a $12.00 target price on the specialty retailer’s stock, down from their prior target price of $14.00. Imperial Capital’s price target would suggest a potential downside of 2.44% from the stock’s current price.
NLS has been the subject of a number of other reports. Zacks Investment Research raised Nautilus from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Tuesday, January 16th. B. Riley reaffirmed a “buy” rating and issued a $19.75 price objective on shares of Nautilus in a research report on Friday, November 17th. Lake Street Capital set a $14.00 price objective on Nautilus and gave the company a “hold” rating in a research report on Tuesday. Finally, ValuEngine cut Nautilus from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Nautilus has a consensus rating of “Hold” and an average price target of $16.68.
Nautilus (NYSE NLS) opened at $12.30 on Wednesday. Nautilus has a 52-week low of $11.30 and a 52-week high of $19.80. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $386.91, a P/E ratio of 14.47, a P/E/G ratio of 1.14 and a beta of 1.61.
Nautilus (NYSE:NLS) last released its quarterly earnings data on Monday, March 5th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.04). Nautilus had a net margin of 6.47% and a return on equity of 16.15%. The business had revenue of $127.80 million during the quarter, compared to analyst estimates of $128.64 million. During the same period in the previous year, the business earned $0.38 earnings per share. The business’s quarterly revenue was up 1.6% on a year-over-year basis. equities analysts predict that Nautilus will post 1.11 EPS for the current fiscal year.
Nautilus announced that its board has initiated a share buyback plan on Monday, March 5th that allows the company to repurchase $15.00 million in shares. This repurchase authorization allows the specialty retailer to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.
In other news, CEO Bruce M. Cazenave sold 10,700 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $12.65, for a total value of $135,355.00. Following the completion of the sale, the chief executive officer now directly owns 372,876 shares of the company’s stock, valued at $4,716,881.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last ninety days, insiders sold 32,100 shares of company stock valued at $410,345. Insiders own 3.70% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of Nautilus by 1.2% during the fourth quarter. BlackRock Inc. now owns 3,874,812 shares of the specialty retailer’s stock worth $51,728,000 after purchasing an additional 46,615 shares during the period. Royce & Associates LP increased its stake in shares of Nautilus by 11.3% during the third quarter. Royce & Associates LP now owns 1,958,049 shares of the specialty retailer’s stock worth $33,091,000 after purchasing an additional 199,000 shares during the period. Cooke & Bieler LP increased its stake in shares of Nautilus by 43.4% during the fourth quarter. Cooke & Bieler LP now owns 1,781,670 shares of the specialty retailer’s stock worth $23,785,000 after purchasing an additional 539,291 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Nautilus by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 1,770,938 shares of the specialty retailer’s stock worth $29,929,000 after purchasing an additional 30,758 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Nautilus by 4.5% during the second quarter. Vanguard Group Inc. now owns 1,704,129 shares of the specialty retailer’s stock worth $32,634,000 after purchasing an additional 74,149 shares during the period. Institutional investors own 83.15% 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. 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.