Nautilus Group, Inc. (The) (NLS) Expected to Announce Earnings of $0.24 Per Share

Brokerages expect Nautilus Group, Inc. (The) (NYSE:NLS) to announce $0.24 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Nautilus Group, Inc. (The)’s earnings, with the highest EPS estimate coming in at $0.27 and the lowest estimate coming in at $0.22. Nautilus Group, Inc. (The) posted earnings of $0.16 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 50%. The business is scheduled to issue its next earnings results on Monday, October 30th.

According to Zacks, analysts expect that Nautilus Group, Inc. (The) will report full-year earnings of $1.12 per share for the current fiscal year, with EPS estimates ranging from $1.11 to $1.14. For the next fiscal year, analysts forecast that the company will report earnings of $1.28 per share, with EPS estimates ranging from $1.26 to $1.30. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Nautilus Group, Inc. (The).

Nautilus Group, Inc. (The) (NYSE:NLS) last announced its earnings results on Monday, July 31st. The specialty retailer reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.01). The company had revenue of $77.00 million for the quarter, compared to analyst estimates of $77.71 million. Nautilus Group, Inc. (The) had a return on equity of 17.22% and a net margin of 7.25%. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.12 earnings per share.

NLS has been the topic of a number of recent research reports. Zacks Investment Research cut Nautilus Group, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. DA Davidson raised Nautilus Group, Inc. (The) from a “neutral” rating to a “buy” rating and raised their price objective for the company from $19.00 to $22.00 in a research note on Wednesday, August 9th. B. Riley reaffirmed a “buy” rating and set a $22.00 price objective on shares of Nautilus Group, Inc. (The) in a research note on Tuesday, September 5th. Finally, Aegis initiated coverage on Nautilus Group, Inc. (The) in a research note on Monday, September 11th. They set a “buy” rating and a $21.00 price objective on the stock. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $22.67.

In other news, Director Richard A. Horn sold 7,500 shares of the stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $16.70, for a total transaction of $125,250.00. Following the completion of the sale, the director now directly owns 41,626 shares in the company, valued at $695,154.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 3.70% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in shares of Nautilus Group, Inc. (The) by 10.1% during the first quarter. Goldman Sachs Group Inc. now owns 327,192 shares of the specialty retailer’s stock worth $5,971,000 after purchasing an additional 29,951 shares during the period. State of Tennessee Treasury Department boosted its holdings in shares of Nautilus Group, Inc. (The) by 17.8% during the first quarter. State of Tennessee Treasury Department now owns 29,390 shares of the specialty retailer’s stock worth $536,000 after purchasing an additional 4,435 shares during the period. Fox Run Management L.L.C. purchased a new stake in shares of Nautilus Group, Inc. (The) during the second quarter worth about $366,000. Royce & Associates LP boosted its holdings in shares of Nautilus Group, Inc. (The) by 24.6% during the second quarter. Royce & Associates LP now owns 1,759,049 shares of the specialty retailer’s stock worth $33,686,000 after purchasing an additional 347,736 shares during the period. Finally, KBC Group NV boosted its holdings in shares of Nautilus Group, Inc. (The) by 97.8% during the first quarter. KBC Group NV now owns 53,378 shares of the specialty retailer’s stock worth $974,000 after purchasing an additional 26,393 shares during the period. Institutional investors own 97.51% of the company’s stock.

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Shares of Nautilus Group, Inc. (NLS) traded down 0.29% on Wednesday, reaching $17.00. The company’s stock had a trading volume of 4,612 shares. Nautilus Group, Inc. has a 12 month low of $14.28 and a 12 month high of $21.89. The stock has a 50 day moving average of $16.79 and a 200-day moving average of $17.64. The firm has a market cap of $523.36 million, a price-to-earnings ratio of 18.40 and a beta of 2.13.

Nautilus Group, Inc. (The) Company Profile

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.

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Earnings History and Estimates for Nautilus Group, Inc. (The) (NYSE:NLS)

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