Nautilus, Inc. (NYSE:NLS) – Investment analysts at Imperial Capital issued their Q1 2018 earnings per share (EPS) estimates for shares of Nautilus in a research note issued on Wednesday, according to Zacks Investment Research. Imperial Capital analyst G. Kelly forecasts that the specialty retailer will post earnings per share of $0.22 for the quarter. Imperial Capital has a “In-Line” rating and a $12.00 price objective on the stock. Imperial Capital also issued estimates for Nautilus’ Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.52 EPS and FY2018 earnings at $1.03 EPS.
Nautilus (NYSE:NLS) last issued its quarterly earnings results on Monday, March 5th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.04). Nautilus had a return on equity of 15.93% and a net margin of 6.47%. The business had revenue of $127.80 million for the quarter, compared to the consensus estimate of $128.64 million. During the same period in the prior year, the business posted $0.38 earnings per share. Nautilus’s revenue was up 1.6% on a year-over-year basis.
A number of other equities research analysts have also weighed in on NLS. Lake Street Capital reaffirmed a “hold” rating and set a $14.00 target price (down from $15.00) on shares of Nautilus in a research report on Tuesday, March 6th. B. Riley decreased their target price on Nautilus from $19.75 to $16.75 and set a “buy” rating for the company in a research report on Tuesday, March 6th. Zacks Investment Research lowered Nautilus from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. Finally, ValuEngine lowered Nautilus from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $16.68.
NYSE NLS traded down $0.15 on Friday, reaching $13.30. 216,932 shares of the stock traded hands, compared to its average volume of 388,005. The company has a quick ratio of 1.39, a current ratio of 1.94 and a debt-to-equity ratio of 0.18. The firm has a market cap of $413.01, a PE ratio of 15.28, a price-to-earnings-growth ratio of 1.34 and a beta of 1.35. Nautilus has a 12 month low of $11.30 and a 12 month high of $19.80.
Several large investors have recently made changes to their positions in NLS. SG Americas Securities LLC purchased a new position in shares of Nautilus in the 3rd quarter valued at $134,000. Engine Capital Management LLC purchased a new position in shares of Nautilus in the 4th quarter valued at $134,000. Teacher Retirement System of Texas purchased a new position in Nautilus during the 4th quarter worth $142,000. Jane Street Group LLC purchased a new position in Nautilus during the 3rd quarter worth $173,000. Finally, Virtu Financial LLC purchased a new position in Nautilus during the 4th quarter worth $179,000. Institutional investors and hedge funds own 88.95% of the company’s stock.
In other news, VP Jeffery Lynn Collins sold 2,335 shares of Nautilus stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $13.00, for a total value of $30,355.00. Following the transaction, the vice president now directly owns 3,432 shares in the company, valued at approximately $44,616. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Bruce M. Cazenave sold 10,700 shares of Nautilus stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $12.65, for a total value of $135,355.00. Following the completion of the transaction, the chief executive officer now owns 372,876 shares in the company, valued at $4,716,881.40. The disclosure for this sale can be found here. Insiders sold a total of 29,085 shares of company stock worth $363,393 over the last quarter. Company insiders own 3.50% of the company’s stock.
Nautilus declared that its Board of Directors has authorized a stock buyback program on Monday, March 5th that allows the company to buyback $15.00 million in outstanding shares. This buyback authorization allows the specialty retailer to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
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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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