Nautilus Inc. (NLS) Reaches New 1-Year High at $22.89
Nautilus Inc. (NYSE:NLS)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $22.89 and last traded at $22.18, with a volume of 674,056 shares. The stock had previously closed at $20.92.
A number of equities analysts have recently commented on the stock. B. Riley reissued a “buy” rating and issued a $23.00 price target on shares of Nautilus in a report on Sunday, May 15th. Zacks Investment Research lowered shares of Nautilus from a “buy” rating to a “hold” rating in a report on Tuesday, May 3rd. Imperial Capital increased their target price on shares of Nautilus from $24.00 to $26.00 and gave the company an “outperform” rating in a report on Wednesday, August 3rd. DA Davidson reaffirmed a “buy” rating and set a $26.00 target price on shares of Nautilus in a report on Sunday, May 1st. Finally, Sterne Agee CRT reaffirmed a “buy” rating on shares of Nautilus in a report on Monday, May 16th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $24.00.
The firm’s 50 day moving average is $19.89 and its 200 day moving average is $19.05. The stock has a market capitalization of $696.46 million and a price-to-earnings ratio of 24.58.
Nautilus (NYSE:NLS) last issued its quarterly earnings results 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 analysts’ expectations of $77.83 million. During the same period in the prior year, the firm earned $0.07 EPS. Nautilus’s revenue for the quarter was up 31.5% compared to the same quarter last year. Equities analysts expect that Nautilus Inc. will post $1.15 earnings per share for the current fiscal year.
In other news, Director Richard A. Horn sold 7,500 shares of the business’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of $21.50, for a total value of $161,250.00. Following the transaction, the director now 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 available through this link. Also, VP Jeffery Lynn Collins sold 4,166 shares of the business’s stock in a transaction on Friday, August 19th. The stock was sold at an average price of $21.30, for a total transaction of $88,735.80. Following the completion of the transaction, the vice president now directly owns 4,278 shares in the company, valued at approximately $91,121.40. The disclosure for this sale can be found here.
A hedge fund recently raised its stake in Nautilus stock. Wells Fargo & Company MN increased its stake in Nautilus Inc. (NYSE:NLS) by 10.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 598,354 shares of the company’s stock after buying an additional 56,887 shares during the period. Wells Fargo & Company MN owned about 1.93% of Nautilus worth $10,005,000 as of its most recent SEC filing.
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.