Nautilus Inc. (NLS) Trading 3.3% Higher
Nautilus Inc. (NYSE:NLS) shares traded up 3.3% during mid-day trading on Wednesday . The stock traded as high as $18.50 and last traded at $18.26, with a volume of 121,134 shares trading hands. The stock had previously closed at $17.68.
Several research analysts recently issued reports on the company. B. Riley reaffirmed a “buy” rating and set a $23.00 target price on shares of Nautilus in a research report on Sunday, May 15th. Sterne Agee CRT reissued a “buy” rating on shares of Nautilus in a report on Monday, May 16th. Zacks Investment Research raised Nautilus from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Thursday, May 12th. Wunderlich reissued a “buy” rating and issued a $24.00 price objective on shares of Nautilus in a report on Thursday, June 23rd. Finally, SunTrust Banks Inc. began coverage on Nautilus in a report on Thursday, March 10th. They issued a “buy” rating and a $24.00 price objective on the stock. Seven investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of $23.71.
The company has a 50 day moving average of $19.43 and a 200-day moving average of $18.73. The company has a market cap of $572.23 million and a PE ratio of 21.17.
Nautilus (NYSE:NLS) last released its earnings results on Monday, May 9th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.03. During the same quarter last year, the business posted $0.34 earnings per share. The company earned $120.90 million during the quarter, compared to analysts’ expectations of $118.60 million. The company’s revenue for the quarter was up 25.7% on a year-over-year basis. On average, equities research analysts predict that Nautilus Inc. will post $1.14 EPS for the current year.
In other Nautilus news, VP Jeffery Lynn Collins sold 8,403 shares of Nautilus stock in a transaction dated Thursday, May 12th. The stock was sold at an average price of $19.57, for a total transaction of $164,446.71. Following the completion of the sale, the vice president now directly owns 4,209 shares of the company’s stock, valued at approximately $82,370.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert O. Murdock sold 9,360 shares of Nautilus stock in a transaction dated Friday, May 13th. The stock was sold at an average price of $20.00, for a total value of $187,200.00. Following the sale, the vice president now directly owns 3,821 shares of the company’s stock, valued at $76,420. The disclosure for this sale can be found here.
A number of hedge funds have made changes to their positions in NLS. California Public Employees Retirement System increased its stake in shares of Nautilus by 1.7% in the fourth quarter. California Public Employees Retirement System now owns 120,900 shares of the company’s stock worth $2,021,000 after buying an additional 2,000 shares during the period. GSA Capital Partners LLP increased its stake in shares of Nautilus by 1.2% in the fourth quarter. GSA Capital Partners LLP now owns 123,139 shares of the company’s stock worth $2,059,000 after buying an additional 1,443 shares during the period. Russell Frank Co increased its stake in shares of Nautilus by 2.1% in the fourth quarter. Russell Frank Co now owns 130,393 shares of the company’s stock worth $2,202,000 after buying an additional 2,634 shares during the period. American Century Companies Inc. increased its stake in shares of Nautilus by 204.2% in the fourth quarter. American Century Companies Inc. now owns 169,639 shares of the company’s stock worth $2,836,000 after buying an additional 113,865 shares during the period. Finally, DE Burlo Group Inc. acquired a new stake in shares of Nautilus during the fourth quarter worth about $2,854,000.
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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