DA Davidson Comments on Nautilus Group, Inc. (The)’s FY2017 Earnings (NLS)

Nautilus Group, Inc. (The) (NYSE:NLS) – Analysts at DA Davidson cut their FY2017 earnings per share estimates for Nautilus Group, Inc. (The) in a research note issued on Tuesday. DA Davidson analyst A. Burns now expects that the specialty retailer will post earnings per share of $0.93 for the year, down from their prior estimate of $1.11. DA Davidson has a “Buy” rating and a $22.00 price target on the stock. DA Davidson also issued estimates for Nautilus Group, Inc. (The)’s Q1 2018 earnings at $0.26 EPS, Q2 2018 earnings at $0.09 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.37 EPS and FY2019 earnings at $1.10 EPS.

A number of other research analysts have also weighed in on the company. Imperial Capital lowered Nautilus Group, Inc. (The) from an “outperform” rating to an “in-line” rating and decreased their price objective for the company from $20.00 to $14.00 in a report on Tuesday. Lake Street Capital lowered Nautilus Group, Inc. (The) from a “buy” rating to a “hold” rating and reduced their price target for the stock from $25.00 to $15.00 in a report on Tuesday. SunTrust Banks, Inc. lowered Nautilus Group, Inc. (The) from a “buy” rating to a “hold” rating and set a $16.00 price target on the stock. in a report on Tuesday. B. Riley set a $20.00 price target on Nautilus Group, Inc. (The) and gave the stock a “buy” rating in a report on Tuesday. Finally, Zacks Investment Research upgraded Nautilus Group, Inc. (The) from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $19.00.

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Shares of Nautilus Group, Inc. (NYSE NLS) opened at 13.00 on Wednesday. The company has a 50-day moving average of $16.77 and a 200 day moving average of $17.53. The company has a market cap of $400.22 million, a PE ratio of 14.07 and a beta of 2.13. Nautilus Group, Inc. has a 12 month low of $12.40 and a 12 month high of $19.80.

Nautilus Group, Inc. (The) (NYSE:NLS) last announced its quarterly earnings results on Monday, October 30th. The specialty retailer reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. Nautilus Group, Inc. (The) had a net margin of 7.28% and a return on equity of 18.87%. The company had revenue of $88.10 million for the quarter, compared to analysts’ expectations of $92.29 million. During the same quarter in the previous year, the business posted $0.16 earnings per share. Nautilus Group, Inc. (The)’s quarterly revenue was up 9.0% on a year-over-year basis.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kornitzer Capital Management Inc. KS raised its holdings in shares of Nautilus Group, Inc. (The) by 20.7% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 120,300 shares of the specialty retailer’s stock worth $2,033,000 after acquiring an additional 20,600 shares during the period. Victory Capital Management Inc. raised its holdings in shares of Nautilus Group, Inc. (The) by 36.4% during the 3rd quarter. Victory Capital Management Inc. now owns 81,776 shares of the specialty retailer’s stock worth $1,382,000 after acquiring an additional 21,832 shares during the period. Northpointe Capital LLC raised its holdings in shares of Nautilus Group, Inc. (The) by 12.1% during the 3rd quarter. Northpointe Capital LLC now owns 1,015,661 shares of the specialty retailer’s stock worth $17,165,000 after acquiring an additional 109,799 shares during the period. Skylands Capital LLC raised its holdings in shares of Nautilus Group, Inc. (The) by 64.1% during the 3rd quarter. Skylands Capital LLC now owns 115,000 shares of the specialty retailer’s stock worth $1,944,000 after acquiring an additional 44,900 shares during the period. Finally, Mesirow Financial Investment Management Inc. purchased a new position in shares of Nautilus Group, Inc. (The) during the 2nd quarter worth $400,000. Institutional investors and hedge funds own 93.72% of the company’s stock.

In other news, Director Richard A. Horn sold 7,500 shares of Nautilus Group, Inc. (The) stock in a transaction 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 transaction, the director now owns 41,626 shares in the company, valued at approximately $695,154.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.70% of the stock is owned by insiders.

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.

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

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