Nautilus Group, Inc. (The) (NLS) Stock Rating Lowered by Lake Street Capital

Lake Street Capital cut shares of Nautilus Group, Inc. (The) (NYSE:NLS) from a buy rating to a hold rating in a report issued on Tuesday morning, Marketbeat.com reports. The brokerage currently has $15.00 price target on the specialty retailer’s stock, down from their previous price target of $25.00.

Several other equities research analysts have also recently weighed in on the company. Zacks Investment Research cut Nautilus Group, Inc. (The) from a hold rating to a sell rating in a research note on Wednesday, July 5th. B. Riley reissued a buy rating and issued a $22.00 price target on shares of Nautilus Group, Inc. (The) in a research note on Tuesday, September 5th. Aegis initiated coverage on Nautilus Group, Inc. (The) in a research note on Monday, September 11th. They issued a buy rating and a $21.00 price target for the company. Finally, DA Davidson reissued a buy rating and issued a $22.00 price target on shares of Nautilus Group, Inc. (The) in a research note on Wednesday, August 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Nautilus Group, Inc. (The) presently has an average rating of Hold and a consensus price target of $19.00.

Shares of Nautilus Group, Inc. (NYSE NLS) opened at $12.85 on Tuesday. The company has a market cap of $383.84 million, a price-to-earnings ratio of 12.63, a PEG ratio of 1.30 and a beta of 2.12. The company has a quick ratio of 1.60, a current ratio of 2.02 and a debt-to-equity ratio of 0.20.

Nautilus Group, Inc. (The) (NYSE:NLS) last issued its quarterly earnings results on Monday, October 30th. The specialty retailer reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The company had revenue of $88.10 million during the quarter, compared to analysts’ expectations of $92.29 million. Nautilus Group, Inc. (The) had a return on equity of 18.54% and a net margin of 7.28%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 earnings per share. equities research analysts anticipate that Nautilus Group, Inc. will post 0.97 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Nautilus Group, Inc. (The) (NLS) Stock Rating Lowered by Lake Street Capital” was originally published by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The correct version of this piece of content can be read at https://www.com-unik.info/2017/11/04/nautilus-group-inc-the-nls-stock-rating-lowered-by-lake-street-capital.html.

In other Nautilus Group, Inc. (The) news, Director Richard A. Horn sold 7,500 shares of the stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $16.70, for a total value of $125,250.00. Following the transaction, the director now owns 41,626 shares in the company, valued at $695,154.20. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.70% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the business. State of Alaska Department of Revenue boosted its holdings in Nautilus Group, Inc. (The) by 78.5% in the second quarter. State of Alaska Department of Revenue now owns 6,014 shares of the specialty retailer’s stock worth $115,000 after acquiring an additional 2,644 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in Nautilus Group, Inc. (The) by 2.4% in the second quarter. Municipal Employees Retirement System of Michigan now owns 7,260 shares of the specialty retailer’s stock worth $139,000 after acquiring an additional 170 shares in the last quarter. Citigroup Inc. boosted its holdings in Nautilus Group, Inc. (The) by 3,252.1% in the second quarter. Citigroup Inc. now owns 7,341 shares of the specialty retailer’s stock worth $141,000 after acquiring an additional 7,122 shares in the last quarter. UBS Asset Management Americas Inc. bought a new position in Nautilus Group, Inc. (The) in the second quarter worth approximately $193,000. Finally, BNP Paribas Arbitrage SA boosted its holdings in Nautilus Group, Inc. (The) by 36.8% in the second quarter. BNP Paribas Arbitrage SA now owns 12,553 shares of the specialty retailer’s stock worth $240,000 after acquiring an additional 3,379 shares in the last quarter. Institutional investors and hedge funds own 93.72% of the company’s stock.

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.

Analyst Recommendations for Nautilus Group, Inc. (The) (NYSE:NLS)

What are top analysts saying about Nautilus Group Inc. (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Nautilus Group Inc. (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit