Nautilus Inc. (NLS) Sets New 12-Month High at $23.65
Nautilus Inc. (NYSE:NLS) hit a new 52-week high during trading on Friday . The company traded as high as $23.65 and last traded at $23.64, with a volume of 609,598 shares changing hands. The stock had previously closed at $23.14.
NLS has been the subject of a number of research reports. B. Riley reiterated a “buy” rating and set a $23.00 price target on shares of Nautilus in a research report on Wednesday, August 3rd. Imperial Capital initiated coverage on shares of Nautilus in a research report on Wednesday, July 6th. They set an “outperform” rating and a $24.00 price target for the company. Zacks Investment Research upgraded shares of Nautilus from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Sterne Agee CRT reiterated a “buy” rating on shares of Nautilus in a research report on Monday, May 16th. Finally, Wunderlich reiterated a “buy” rating and set a $24.00 price target on shares of Nautilus in a research report on Tuesday, August 2nd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $24.00.
The company has a market capitalization of $735.35 million and a PE ratio of 25.95. The stock has a 50-day moving average of $20.62 and a 200 day moving average of $19.24.
Nautilus (NYSE:NLS) last announced its quarterly earnings data on Monday, August 1st. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. During the same period in the prior year, the company earned $0.07 EPS. The business had revenue of $78.50 million for the quarter, compared to the consensus estimate of $77.83 million. Nautilus’s quarterly revenue was up 31.5% on a year-over-year basis. Analysts predict that Nautilus Inc. will post $1.15 earnings per share for the current fiscal year.
In other Nautilus news, VP Jeffery Lynn Collins sold 4,166 shares of the company’s stock in a transaction dated Friday, August 19th. The shares were 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Richard A. Horn sold 7,500 shares of the company’s stock in a transaction dated 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 transaction, the director now owns 35,802 shares of the company’s stock, valued at approximately $769,743. The disclosure for this sale can be found here.
A hedge fund recently raised its stake in Nautilus stock. Wells Fargo & Company MN boosted its stake in Nautilus Inc. (NYSE:NLS) by 10.5% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 598,354 shares of the company’s stock after buying an additional 56,887 shares during the period. Wells Fargo & Company MN owned approximately 1.93% of Nautilus worth $10,005,000 at the end of the most recent quarter.
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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