According to Zacks, “Nautilus, Inc. is an iconic industry leader with a rich history and reputation for building the best cardio and strength equipment for home use. Known for its family of brands that included Bowflex, Nautilus, Octane Fitness, Schwinn, and Universal, the company develops, manufacturers and markets branded products that include home gyms, free weight equipment, treadmills, indoor cycling equipment, ellipticals, and fitness accessories. “
A number of other equities analysts also recently commented on NLS. ValuEngine downgraded Nautilus from a buy rating to a hold rating in a research report on Wednesday, September 4th. Lake Street Capital reduced their price objective on Nautilus from $5.00 to $3.00 and set a hold rating on the stock in a research report on Thursday, August 1st. Finally, Imperial Capital upgraded Nautilus from an in-line rating to an outperform rating and set a $4.50 price objective on the stock in a research report on Wednesday, July 17th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Nautilus currently has a consensus rating of Hold and a consensus target price of $6.79.
Shares of Nautilus stock opened at $1.33 on Wednesday. Nautilus has a one year low of $1.21 and a one year high of $13.87. The company has a market cap of $39.54 million, a price-to-earnings ratio of 2.66 and a beta of 0.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 2.08. The business’s 50 day moving average price is $1.37 and its 200 day moving average price is $2.94.
Nautilus (NYSE:NLS) last announced its quarterly earnings data on Wednesday, July 31st. The specialty retailer reported ($0.33) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.14). Nautilus had a negative return on equity of 7.72% and a negative net margin of 23.37%. The company had revenue of $59.00 million for the quarter, compared to analysts’ expectations of $60.08 million. On average, analysts predict that Nautilus will post -0.64 EPS for the current fiscal year.
In other Nautilus news, Director M Carl Johnson III bought 30,000 shares of Nautilus stock in a transaction on Monday, August 26th. The shares were bought at an average price of $1.25 per share, for a total transaction of $37,500.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.20% of the stock is owned by insiders.
A number of large investors have recently bought and sold shares of the business. Morgan Stanley raised its position in Nautilus by 41.9% in the second quarter. Morgan Stanley now owns 1,170,736 shares of the specialty retailer’s stock valued at $2,588,000 after purchasing an additional 345,892 shares during the period. D. E. Shaw & Co. Inc. raised its position in Nautilus by 56.9% in the second quarter. D. E. Shaw & Co. Inc. now owns 1,139,900 shares of the specialty retailer’s stock valued at $2,520,000 after purchasing an additional 413,602 shares during the period. Punch & Associates Investment Management Inc. raised its position in Nautilus by 0.4% in the first quarter. Punch & Associates Investment Management Inc. now owns 932,359 shares of the specialty retailer’s stock valued at $5,184,000 after purchasing an additional 3,860 shares during the period. Renaissance Technologies LLC purchased a new stake in Nautilus in the second quarter valued at $1,335,000. Finally, Citadel Advisors LLC raised its position in Nautilus by 90.2% in the second quarter. Citadel Advisors LLC now owns 558,014 shares of the specialty retailer’s stock valued at $1,234,000 after purchasing an additional 264,628 shares during the period. Institutional investors own 85.74% of the company’s stock.
Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, strength products, home gyms, dumbbells, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
See Also: Fiduciary
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Nautilus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nautilus and related companies with MarketBeat.com's FREE daily email newsletter.