Equities analysts predict that Nautilus, Inc. (NYSE:NLS) will report $0.02 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Nautilus’ earnings, with the lowest EPS estimate coming in at ($0.06) and the highest estimate coming in at $0.12. Nautilus posted earnings of $0.05 per share during the same quarter last year, which suggests a negative year over year growth rate of 60%. The firm is scheduled to report its next earnings report on Monday, February 24th.
On average, analysts expect that Nautilus will report full year earnings of ($0.77) per share for the current financial year. For the next financial year, analysts forecast that the company will post earnings of ($0.23) per share, with EPS estimates ranging from ($0.50) to $0.11. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Nautilus.
A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Nautilus from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Lake Street Capital lowered their target price on Nautilus from $5.00 to $3.00 and set a “hold” rating on the stock in a research note on Thursday, August 1st. ValuEngine upgraded Nautilus from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. Finally, Imperial Capital upgraded Nautilus from an “in-line” rating to an “outperform” rating and set a $4.50 price objective on the stock in a research note on Wednesday, July 17th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $6.79.
Shares of NYSE NLS opened at $1.47 on Wednesday. The firm has a market cap of $49.94 million, a P/E ratio of 2.94 and a beta of 0.93. The company has a current ratio of 2.08, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44. Nautilus has a 1-year low of $1.20 and a 1-year high of $13.87. The business’s 50 day moving average is $1.45 and its 200-day moving average is $2.20.
In related news, Director M Carl Johnson III acquired 30,000 shares of the stock in a transaction on Monday, August 26th. The shares were purchased at an average price of $1.25 per share, for a total transaction of $37,500.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 3.20% of the stock is owned by company insiders.
A number of institutional investors have recently bought and sold shares of NLS. Renaissance Technologies LLC bought a new position in Nautilus during the 2nd quarter worth $1,335,000. D. E. Shaw & Co. Inc. increased its stake in Nautilus by 56.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,139,900 shares of the specialty retailer’s stock worth $2,520,000 after acquiring an additional 413,602 shares during the period. Morgan Stanley boosted its holdings in shares of Nautilus by 41.9% in the 2nd quarter. Morgan Stanley now owns 1,170,736 shares of the specialty retailer’s stock valued at $2,588,000 after purchasing an additional 345,892 shares in the last quarter. Citadel Advisors LLC boosted its holdings in shares of Nautilus by 90.2% in the 2nd quarter. Citadel Advisors LLC now owns 558,014 shares of the specialty retailer’s stock valued at $1,234,000 after purchasing an additional 264,628 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in shares of Nautilus in the 2nd quarter valued at $573,000. Hedge funds and other institutional investors own 84.92% of the company’s stock.
Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, strength products, home gyms, dumbbells, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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