Nautilus, Inc. (NLS) Expected to Post Quarterly Sales of $92.69 Million

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Equities analysts expect that Nautilus, Inc. (NYSE:NLS) will post $92.69 million in sales for the current quarter, according to Zacks. Four analysts have provided estimates for Nautilus’ earnings. The highest sales estimate is $99.45 million and the lowest is $88.91 million. Nautilus reported sales of $114.81 million during the same quarter last year, which indicates a negative year-over-year growth rate of 19.3%. The firm is scheduled to issue its next earnings report on Monday, May 6th.

On average, analysts expect that Nautilus will report full-year sales of $370.95 million for the current financial year, with estimates ranging from $357.82 million to $394.78 million. For the next fiscal year, analysts expect that the firm will report sales of $379.50 million, with estimates ranging from $355.56 million to $418.74 million. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Nautilus.

Nautilus (NYSE:NLS) last issued its quarterly earnings data on Monday, February 25th. The specialty retailer reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.01. The company had revenue of $115.40 million for the quarter, compared to analyst estimates of $114.71 million. Nautilus had a return on equity of 8.15% and a net margin of 3.69%. The business’s quarterly revenue was down 9.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.27 earnings per share.

Several brokerages have issued reports on NLS. TheStreet lowered Nautilus from a “c” rating to a “d+” rating in a report on Tuesday, February 26th. Zacks Investment Research raised Nautilus from a “sell” rating to a “hold” rating in a report on Wednesday, February 27th. B. Riley set a $9.00 price objective on Nautilus and gave the stock a “hold” rating in a report on Tuesday, February 26th. Imperial Capital dropped their price objective on Nautilus from $7.00 to $6.00 and set an “in-line” rating on the stock in a report on Tuesday, February 26th. Finally, Lake Street Capital dropped their price objective on Nautilus to $8.00 and set a “hold” rating on the stock in a report on Tuesday, February 26th. Two research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $9.88.

Several hedge funds have recently modified their holdings of NLS. Municipal Employees Retirement System of Michigan purchased a new position in shares of Nautilus during the fourth quarter worth about $93,000. Metropolitan Life Insurance Co. NY grew its holdings in shares of Nautilus by 361.9% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,526 shares of the specialty retailer’s stock worth $115,000 after buying an additional 8,247 shares during the last quarter. Douglas Lane & Associates LLC purchased a new position in shares of Nautilus during the fourth quarter worth about $121,000. Oregon Public Employees Retirement Fund purchased a new position in shares of Nautilus during the fourth quarter worth about $123,000. Finally, Menta Capital LLC purchased a new position in shares of Nautilus during the fourth quarter worth about $126,000. 97.06% of the stock is currently owned by institutional investors.

Shares of NLS stock opened at $5.59 on Monday. The stock has a market cap of $165.41 million, a price-to-earnings ratio of 11.18, a PEG ratio of 1.54 and a beta of 0.78. Nautilus has a 1 year low of $5.50 and a 1 year high of $17.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.07 and a current ratio of 1.67.

About Nautilus

Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.

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