Nautilus, Inc. (NLS) Receives Average Recommendation of “Buy” from Analysts

Shares of Nautilus, Inc. (NYSE:NLS) have been assigned a consensus recommendation of “Buy” from the seven ratings firms that are presently covering the company. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $21.70.

Several equities research analysts have issued reports on the company. B. Riley reaffirmed a “neutral” rating and set a $18.50 price target on shares of Nautilus in a research note on Tuesday, March 14th. DA Davidson reaffirmed a “neutral” rating and set a $20.00 price target on shares of Nautilus in a research note on Tuesday, January 31st. Imperial Capital raised Nautilus from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $16.00 to $20.00 in a research note on Monday, March 13th. Zacks Investment Research raised Nautilus from a “sell” rating to a “hold” rating in a research note on Friday, February 24th. Finally, Wunderlich lowered their target price on Nautilus from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Wednesday, February 22nd.

Nautilus (NYSE:NLS) traded up 0.28% during midday trading on Monday, hitting $17.65. 271,719 shares of the stock traded hands. Nautilus has a 52 week low of $14.27 and a 52 week high of $24.99. The company has a market capitalization of $541.85 million, a price-to-earnings ratio of 16.18 and a beta of 1.85. The stock’s 50-day moving average price is $16.77 and its 200 day moving average price is $18.60.

Nautilus (NYSE:NLS) last issued its quarterly earnings results on Tuesday, February 21st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by $0.03. Nautilus had a return on equity of 23.41% and a net margin of 8.29%. The firm had revenue of $125.76 million for the quarter, compared to the consensus estimate of $133.08 million. During the same period last year, the firm earned $0.39 EPS. The company’s revenue for the quarter was up 15.2% on a year-over-year basis. On average, equities research analysts predict that Nautilus will post $1.11 EPS for the current year.

In other news, VP Jeffery Lynn Collins sold 4,237 shares of the business’s stock in a transaction dated Monday, February 27th. The stock was sold at an average price of $16.05, for a total value of $68,003.85. Following the completion of the sale, the vice president now owns 11,552 shares of the company’s stock, valued at approximately $185,409.60. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Robert O. Murdock sold 7,663 shares of the business’s stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $16.40, for a total value of $125,673.20. Following the completion of the sale, the senior vice president now directly owns 12,258 shares of the company’s stock, valued at approximately $201,031.20. The disclosure for this sale can be found here. In the last three months, insiders sold 28,727 shares of company stock valued at $461,462. 3.40% of the stock is currently owned by corporate insiders.

Several large investors have recently added to or reduced their stakes in the stock. BlackRock Fund Advisors raised its stake in Nautilus by 172.7% in the third quarter. BlackRock Fund Advisors now owns 2,169,888 shares of the company’s stock worth $49,300,000 after buying an additional 1,374,241 shares during the period. Henderson Group PLC raised its stake in Nautilus by 55.2% in the third quarter. Henderson Group PLC now owns 755,753 shares of the company’s stock worth $17,171,000 after buying an additional 268,925 shares during the period. Levy Harkins & Co. Inc. bought a new stake in Nautilus during the third quarter worth $5,135,000. Ameriprise Financial Inc. bought a new stake in Nautilus during the third quarter worth $5,051,000. Finally, Bank of New York Mellon Corp raised its stake in Nautilus by 58.0% in the third quarter. Bank of New York Mellon Corp now owns 547,422 shares of the company’s stock worth $12,438,000 after buying an additional 200,942 shares during the period. 95.22% of the stock is owned by institutional investors.

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About Nautilus

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.

5 Day Chart for NYSE:NLS

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