Nautilus Group, Inc. (The) (NLS) Receives Consensus Rating of “Hold” from Brokerages

Shares of Nautilus Group, Inc. (The) (NYSE:NLS) have been assigned a consensus rating of “Hold” from the nine analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $18.96.

Several research analysts recently issued reports on NLS shares. B. Riley reissued a “buy” rating and issued a $22.00 price objective on shares of Nautilus Group in a research note on Tuesday, September 5th. DA Davidson reaffirmed a “buy” rating and set a $22.00 target price on shares of Nautilus Group in a research report on Wednesday, August 16th. Aegis initiated coverage on Nautilus Group in a research report on Monday, September 11th. They set a “buy” rating and a $21.00 target price on the stock. TheStreet cut Nautilus Group from a “b” rating to a “c+” rating in a research report on Thursday, November 2nd. Finally, Lake Street Capital cut Nautilus Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $25.00 to $15.00 in a research report on Tuesday, October 31st.

Nautilus Group (NLS) opened at $12.90 on Monday. Nautilus Group has a 52 week low of $12.25 and a 52 week high of $19.80. The stock has a market capitalization of $396.12, a P/E ratio of 13.03, a P/E/G ratio of 1.41 and a beta of 2.12. The company has a quick ratio of 1.38, a current ratio of 2.02 and a debt-to-equity ratio of 0.20.

Nautilus Group (NYSE:NLS) last announced its quarterly earnings data on Monday, October 30th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. Nautilus Group had a return on equity of 18.54% and a net margin of 7.28%. 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 prior year, the firm earned $0.16 earnings per share. Nautilus Group’s revenue was up 9.0% compared to the same quarter last year. analysts expect that Nautilus Group will post 0.92 EPS for the current year.

In other news, CEO Bruce M. Cazenave sold 5,350 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $12.66, for a total value of $67,731.00. Following the completion of the sale, the chief executive officer now owns 372,876 shares of the company’s stock, valued at approximately $4,720,610.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Wayne M. Bolio sold 16,190 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $12.84, for a total value of $207,879.60. Following the completion of the sale, the senior vice president now directly owns 60,189 shares of the company’s stock, valued at approximately $772,826.76. The disclosure for this sale can be found here. Insiders have sold a total of 26,540 shares of company stock worth $340,611 in the last ninety days. Insiders own 3.70% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Northpointe Capital LLC boosted its position in shares of Nautilus Group by 12.1% in the 3rd quarter. Northpointe Capital LLC now owns 1,015,661 shares of the specialty retailer’s stock worth $17,165,000 after purchasing an additional 109,799 shares in the last quarter. Wasatch Advisors Inc. boosted its position in shares of Nautilus Group by 10.0% in the 2nd quarter. Wasatch Advisors Inc. now owns 110,000 shares of the specialty retailer’s stock worth $2,107,000 after purchasing an additional 10,000 shares in the last quarter. Royce & Associates LP boosted its position in shares of Nautilus Group by 24.6% in the 2nd 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 in the last quarter. AHL Partners LLP acquired a new stake in shares of Nautilus Group in the 2nd quarter worth $304,000. Finally, Bank of America Corp DE boosted its position in shares of Nautilus Group by 72.1% in the 1st quarter. Bank of America Corp DE now owns 46,829 shares of the specialty retailer’s stock worth $855,000 after purchasing an additional 19,623 shares in the last quarter. 97.86% of the stock is owned by hedge funds and other institutional investors.

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Nautilus Group 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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