Several brokerages have updated their recommendations and price targets on shares of Nautilus (NYSE: NLS) in the last few weeks:

  • 2/1/2019 – Nautilus was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Nautilus, Inc. is an iconic industry leader with a rich history and reputation for building the best cardio and strength equipment for home use. Known for its family of brands that included Bowflex, Nautilus, Octane Fitness, Schwinn, and Universal, the company develops, manufacturers and markets branded products that include home gyms, free weight equipment, treadmills, indoor cycling equipment, ellipticals, and fitness accessories. “
  • 1/26/2019 – Nautilus was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Nautilus, Inc. is an iconic industry leader with a rich history and reputation for building the best cardio and strength equipment for home use. Known for its family of brands that included Bowflex, Nautilus, Octane Fitness, Schwinn, and Universal, the company develops, manufacturers and markets branded products that include home gyms, free weight equipment, treadmills, indoor cycling equipment, ellipticals, and fitness accessories. “
  • 1/19/2019 – Nautilus was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 1/18/2019 – Nautilus was downgraded by analysts at Sidoti from a “buy” rating to a “neutral” rating. They now have a $9.00 price target on the stock, down previously from $19.00.
  • 1/18/2019 – Nautilus was downgraded by analysts at DA Davidson from a “buy” rating to a “neutral” rating.
  • 1/18/2019 – Nautilus was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $10.00 price target on the stock, down previously from $21.00.
  • 1/18/2019 – Nautilus had its “in-line” rating reaffirmed by analysts at Imperial Capital. They now have a $7.00 price target on the stock, down previously from $12.00.
  • 1/18/2019 – Nautilus had its price target lowered by analysts at SunTrust Banks, Inc. to $9.00. They now have a “hold” rating on the stock.
  • 1/18/2019 – Nautilus was downgraded by analysts at Lake Street Capital from a “buy” rating to a “hold” rating. They now have a $11.00 price target on the stock, down previously from $17.00.
  • 1/18/2019 – Nautilus had its price target lowered by analysts at Craig Hallum from $20.00 to $12.00. They now have a “buy” rating on the stock.

Nautilus stock traded down $0.12 during midday trading on Thursday, hitting $7.38. 27,299 shares of the stock were exchanged, compared to its average volume of 691,238. Nautilus, Inc. has a 1 year low of $6.77 and a 1 year high of $17.20. The company has a market capitalization of $224.30 million, a price-to-earnings ratio of 8.39, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.93 and a quick ratio of 1.35.

In related news, Director Anne Saunders sold 4,500 shares of Nautilus stock in a transaction on Friday, November 30th. The shares were sold at an average price of $12.87, for a total transaction of $57,915.00. Following the sale, the director now owns 11,120 shares of the company’s stock, valued at approximately $143,114.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.50% of the company’s stock.

Hedge funds have recently made changes to their positions in the business. Douglas Lane & Associates LLC acquired a new position in Nautilus during the 4th quarter worth $121,000. Oregon Public Employees Retirement Fund acquired a new position in Nautilus during the 4th quarter worth $123,000. State Board of Administration of Florida Retirement System grew its holdings in Nautilus by 19.4% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 14,636 shares of the specialty retailer’s stock worth $160,000 after acquiring an additional 2,383 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Nautilus during the 3rd quarter worth $210,000. Finally, MetLife Investment Advisors LLC grew its holdings in Nautilus by 50.5% during the 3rd quarter. MetLife Investment Advisors LLC now owns 24,575 shares of the specialty retailer’s stock worth $343,000 after acquiring an additional 8,247 shares in the last quarter. 95.61% of the stock is owned by institutional investors.

Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.

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