Nautilus Inc. (NYSE:NLS) had its target price increased by Wunderlich from $24.00 to $28.00 in a research note issued on Wednesday, StockTargetPrices.com reports. The firm currently has a “buy” rating on the stock. Wunderlich’s target price would suggest a potential upside of 19.30% from the company’s current price.
Several other brokerages have also weighed in on NLS. Imperial Capital lowered shares of Nautilus from an “outperform” rating to an “in-line” rating and set a $26.00 price objective on the stock. in a research report on Monday, September 19th. B. Riley lowered shares of Nautilus from a “buy” rating to a “neutral” rating and set a $23.00 price objective on the stock. in a research report on Monday. Finally, Zacks Investment Research raised shares of Nautilus from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $24.57.
Shares of Nautilus (NYSE:NLS) opened at 23.47 on Wednesday. The firm’s 50-day moving average is $22.88 and its 200 day moving average is $19.91. The stock has a market capitalization of $730.06 million, a P/E ratio of 25.76 and a beta of 1.99. Nautilus has a 1-year low of $14.17 and a 1-year high of $24.99.
Nautilus (NYSE:NLS) last issued its quarterly earnings data on Monday, August 1st. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. The firm had revenue of $78.50 million for the quarter, compared to analyst estimates of $77.83 million. Nautilus had a net margin of 7.49% and a return on equity of 24.07%. The company’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 earnings per share. On average, analysts expect that Nautilus will post $1.15 EPS for the current fiscal year.
In other news, Director Marvin G. Siegert sold 7,000 shares of the firm’s stock in a transaction on Friday, August 19th. The shares were sold at an average price of $21.28, for a total value of $148,960.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Richard A. Horn sold 7,500 shares of the firm’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $21.50, for a total transaction of $161,250.00. Following the completion of the sale, the director now owns 35,802 shares in the company, valued at approximately $769,743. The disclosure for this sale can be found here. Company insiders own 3.40% of the company’s stock.
Several large investors have recently made changes to their positions in NLS. FineMark National Bank & Trust increased its stake in shares of 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 last quarter. Rhumbline Advisers increased its stake in shares of Nautilus by 0.3% in the second quarter. Rhumbline Advisers now owns 31,756 shares of the company’s stock valued at $567,000 after buying an additional 96 shares during the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of Nautilus by 1.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 12,490 shares of the company’s stock valued at $223,000 after buying an additional 168 shares during the last quarter. TFS Capital LLC increased its stake in shares of 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 last quarter. Finally, Hancock Holding Co. increased its stake in shares of Nautilus by 3.8% in the second quarter. Hancock Holding Co. now owns 36,946 shares of the company’s stock valued at $659,000 after buying an additional 1,349 shares during the last quarter. Institutional investors and hedge funds own 85.78% 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. 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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