Nautilus Group, Inc. (The) (NYSE:NLS) issued its quarterly earnings results on Monday. The specialty retailer reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03, Briefing.com reports. The business had revenue of $88.10 million during the quarter, compared to the consensus estimate of $92.29 million. Nautilus Group, Inc. (The) had a return on equity of 17.22% and a net margin of 7.25%. The company’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the company earned $0.16 earnings per share.
Shares of Nautilus Group, Inc. (NYSE:NLS) traded up 1.56% on Monday, hitting $16.30. The stock had a trading volume of 505,513 shares. Nautilus Group, Inc. has a 52-week low of $14.27 and a 52-week high of $19.80. The firm’s 50-day moving average price is $16.87 and its 200 day moving average price is $17.56. The firm has a market cap of $501.81 million, a PE ratio of 17.64 and a beta of 2.13.
In other Nautilus Group, Inc. (The) news, Director Richard A. Horn sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The stock was 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 of the company’s stock, valued at approximately $695,154.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.70% of the stock is owned by corporate insiders.
Several equities research analysts have weighed in on the company. Zacks Investment Research downgraded Nautilus Group, Inc. (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. DA Davidson reissued a “buy” rating and issued a $22.00 price target on shares of Nautilus Group, Inc. (The) in a report on Wednesday, August 16th. B. Riley reissued a “buy” rating and issued a $22.00 price target on shares of Nautilus Group, Inc. (The) in a report on Tuesday, September 5th. Finally, Aegis assumed coverage on Nautilus Group, Inc. (The) in a report on Monday, September 11th. They issued a “buy” rating and a $21.00 price target for the company. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $22.67.
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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.
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