DA Davidson Reaffirms Buy Rating for Nautilus Inc. (NLS)
NLS has been the subject of several other research reports. B. Riley reaffirmed a buy rating and set a $23.00 target price on shares of Nautilus in a research note on Friday, July 29th. Imperial Capital increased their price target on Nautilus from $24.00 to $26.00 and gave the company an outperform rating in a research report on Wednesday, August 3rd. Zacks Investment Research lowered Nautilus from a buy rating to a sell rating in a research report on Wednesday, July 13th. Finally, Wunderlich reiterated a buy rating and issued a $24.00 price target on shares of Nautilus in a research report on Tuesday, August 2nd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of $24.86.
Nautilus (NYSE:NLS) opened at 22.59 on Thursday. The stock’s 50 day moving average price is $23.07 and its 200 day moving average price is $20.05. The firm has a market cap of $702.68 million, a P/E ratio of 24.80 and a beta of 2.18. Nautilus has a 1-year low of $14.95 and a 1-year high of $24.99.
Nautilus (NYSE:NLS) last issued its earnings results 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. Nautilus had a return on equity of 24.07% and a net margin of 7.49%. The firm had revenue of $78.50 million for the quarter, compared to analyst estimates of $77.83 million. During the same period last year, the company earned $0.07 earnings per share. The firm’s revenue for the quarter was up 31.5% on a year-over-year basis. Equities research analysts predict that Nautilus will post $1.15 EPS for the current year.
In other Nautilus news, VP Jeffery Lynn Collins sold 4,166 shares of Nautilus stock in a transaction on Friday, August 19th. The stock was sold at an average price of $21.30, for a total value of $88,735.80. Following the completion of the transaction, the vice president now owns 4,278 shares in the company, valued at approximately $91,121.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Marvin G. Siegert sold 7,000 shares of Nautilus 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 disclosure for this sale can be found here. Insiders own 3.40% of the company’s stock.
A number of institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its position in shares of Nautilus by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,364,668 shares of the company’s stock valued at $24,346,000 after buying an additional 17,214 shares during the last quarter. Vanguard Group Inc. increased its stake in Nautilus by 8.1% in the second quarter. Vanguard Group Inc. now owns 1,201,057 shares of the company’s stock worth $21,427,000 after buying an additional 90,182 shares during the last quarter. Copper Rock Capital Partners LLC increased its stake in Nautilus by 1.6% in the second quarter. Copper Rock Capital Partners LLC now owns 1,079,599 shares of the company’s stock worth $19,260,000 after buying an additional 16,815 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in Nautilus by 31.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,074,507 shares of the company’s stock worth $20,759,000 after buying an additional 257,692 shares during the last quarter. Finally, Disciplined Growth Investors Inc. MN increased its stake in Nautilus by 0.3% in the first quarter. Disciplined Growth Investors Inc. MN now owns 968,038 shares of the company’s stock worth $18,702,000 after buying an additional 2,450 shares during the last quarter. Hedge funds and other institutional investors 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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