Zacks Investment Research downgraded shares of Nautilus Group, Inc. (The) (NYSE:NLS) from a hold rating to a sell rating in a research report report published on Saturday morning.

According to Zacks, “Nautilus, Inc. helps people achieve a fit and healthy lifestyle through proper exercise, rest and nutrition. With a brand portfolio that includes Nautilus, Bowflex, SchwinnFitness, StairMaster and Trimline, Nautilus manufactures and markets a complete line of innovative health and fitness products through direct, commercial and retail channels. “

Separately, Imperial Capital lifted their price target on Nautilus Group, Inc. (The) from $20.00 to $21.00 and gave the company an outperform rating in a research report on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of $21.75.

Nautilus Group, Inc. (NLS) traded up 0.60% during mid-day trading on Friday, hitting $16.65. The stock had a trading volume of 254,841 shares. The company has a market cap of $512.05 million, a price-to-earnings ratio of 18.02 and a beta of 2.05. The firm’s 50-day moving average is $18.12 and its 200 day moving average is $17.60. Nautilus Group, Inc. has a 12 month low of $14.27 and a 12 month high of $24.99.

Nautilus Group, Inc. (The) (NYSE:NLS) last announced its quarterly earnings results on Monday, July 31st. The specialty retailer reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.01. The company had revenue of $77 million during the quarter, compared to analysts’ expectations of $77.71 million. Nautilus Group, Inc. (The) had a net margin of 7.25% and a return on equity of 17.22%. Nautilus Group, Inc. (The)’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.12 earnings per share. Equities analysts anticipate that Nautilus Group, Inc. will post $1.12 EPS for the current fiscal year.

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Nautilus Group, Inc. (The) declared that its board has approved a stock buyback program on Monday, May 1st that allows the company to buyback $15.00 million in shares. This buyback authorization allows the specialty retailer to purchase up to 2.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

In related news, Director Ronald P. Badie sold 5,500 shares of the business’s stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $18.90, for a total transaction of $103,950.00. Following the completion of the transaction, the director now directly owns 40,826 shares in the company, valued at $771,611.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director M Carl Johnson III sold 4,550 shares of the business’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $18.41, for a total value of $83,765.50. The disclosure for this sale can be found here. 3.70% of the stock is owned by insiders.

A number of institutional investors have recently bought and sold shares of NLS. State Street Corp boosted its position in Nautilus Group, Inc. (The) by 5.1% in the fourth quarter. State Street Corp now owns 653,763 shares of the specialty retailer’s stock valued at $12,095,000 after buying an additional 31,917 shares during the last quarter. Copper Rock Capital Partners LLC boosted its position in Nautilus Group, Inc. (The) by 1.7% in the first quarter. Copper Rock Capital Partners LLC now owns 1,079,607 shares of the specialty retailer’s stock valued at $19,271,000 after buying an additional 18,167 shares during the last quarter. Capstone Asset Management Co. acquired a new position in Nautilus Group, Inc. (The) during the first quarter valued at approximately $184,000. Skylands Capital LLC acquired a new position in Nautilus Group, Inc. (The) during the first quarter valued at approximately $482,000. Finally, Thomson Horstmann & Bryant Inc. boosted its position in Nautilus Group, Inc. (The) by 76.7% in the first quarter. Thomson Horstmann & Bryant Inc. now owns 270,327 shares of the specialty retailer’s stock valued at $4,933,000 after buying an additional 117,340 shares during the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

About Nautilus Group, Inc. (The)

Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. Its principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America.

Analyst Recommendations for Nautilus Group, Inc. (The) (NYSE:NLS)

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