Nautilus Inc. (NYSE:NLS) – Equities research analysts at SunTrust Banks reduced their FY2016 earnings estimates for Nautilus in a research note issued to investors on Monday. SunTrust Banks analyst M. Swartz now expects that the firm will post earnings of $1.17 per share for the year, down from their prior forecast of $1.20.
NLS has been the topic of a number of other research reports. Wunderlich restated a “buy” rating and issued a $24.00 price target on shares of Nautilus in a research report on Thursday, June 23rd. Imperial Capital started coverage on Nautilus in a research report on Wednesday, July 6th. They issued an “outperform” rating and a $24.00 price target on the stock. DA Davidson restated a “buy” rating and issued a $28.00 price target on shares of Nautilus in a research report on Thursday, September 29th. Zacks Investment Research upgraded Nautilus from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Finally, B. Riley cut Nautilus to a “neutral” rating and set a $23.00 price target on the stock. in a research report on Saturday, October 1st. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $24.86.
Shares of Nautilus (NYSE:NLS) opened at 21.49 on Wednesday. The company has a market capitalization of $668.47 million, a PE ratio of 23.59 and a beta of 2.18. Nautilus has a 52 week low of $15.50 and a 52 week high of $24.99. The stock has a 50 day moving average price of $23.07 and a 200-day moving average price of $20.08.
Nautilus (NYSE:NLS) last announced its quarterly earnings data on Monday, August 1st. The company reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The firm earned $78.50 million during the quarter, compared to analysts’ expectations of $77.83 million. Nautilus had a return on equity of 24.07% and a net margin of 7.49%. The company’s quarterly revenue was up 31.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 EPS.
In related news, Director Richard A. Horn sold 7,500 shares of the firm’s stock in a transaction dated Monday, August 15th. The stock was sold at an average price of $21.50, for a total value of $161,250.00. Following the sale, the director now directly owns 35,802 shares of the company’s stock, valued at $769,743. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Marvin G. Siegert sold 7,000 shares of the firm’s stock in a transaction dated Friday, August 19th. The shares were sold at an average price of $21.28, for a total value of $148,960.00. The disclosure for this sale can be found here. 3.40% of the stock is owned by corporate insiders.
A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in Nautilus by 224.7% in the second quarter. BlackRock Inc. now owns 6,339 shares of the company’s stock valued at $113,000 after buying an additional 4,387 shares during the period. AXA acquired a new stake in Nautilus during the second quarter valued at $146,000. FineMark National Bank & Trust raised its stake in Nautilus by 0.4% in the second quarter. FineMark National Bank & Trust now owns 10,035 shares of the company’s stock valued at $179,000 after buying an additional 35 shares during the period. Pacad Investment Ltd. acquired a new stake in Nautilus during the second quarter valued at $192,000. Finally, TFS Capital LLC raised its stake in Nautilus by 9.1% in the second quarter. TFS Capital LLC now owns 12,180 shares of the company’s stock valued at $217,000 after buying an additional 1,012 shares during the period. 85.78% of the stock is currently owned by institutional investors and hedge funds.
Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. The Direct segment offers products directly to consumers through television advertising, catalogs and the Internet. The Retail segment offers its products through a network of independent retail companies with stores and Websites located in the United States and internationally.
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