Media coverage about Nautilus (NYSE:NLS) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nautilus earned a news impact score of 0.23 on Accern’s scale. Accern also assigned media headlines about the specialty retailer an impact score of 47.323065916515 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Equities Analysts Set Expectations for Nautilus, Inc.’s Q3 2018 Earnings (NLS) (americanbankingnews.com)
- Nautilus, Inc. to Participate at the 15th Annual Craig-Hallum Institutional Investor Conference (finance.yahoo.com)
- Q2 2018 EPS Estimates for Nautilus, Inc. Decreased by Imperial Capital (NLS) (americanbankingnews.com)
- Financial Analysis: Acushnet (GOLF) & Nautilus (NLS) (americanbankingnews.com)
- Nautilus (NLS) PT Raised to $15 at Imperial Capital Following 1Q (streetinsider.com)
Shares of NLS stock opened at $15.70 on Friday. The company has a quick ratio of 1.76, a current ratio of 2.27 and a debt-to-equity ratio of 0.15. Nautilus has a 12-month low of $15.60 and a 12-month high of $15.85. The firm has a market cap of $474.47 million, a PE ratio of 17.84 and a beta of 1.36.
Nautilus announced that its Board of Directors has initiated a stock buyback program on Monday, March 5th that authorizes the company to buyback $15.00 million in shares. This buyback authorization authorizes the specialty retailer to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.
NLS has been the topic of several analyst reports. ValuEngine lowered shares of Nautilus from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. B. Riley cut their target price on shares of Nautilus from $19.75 to $16.75 and set a “buy” rating on the stock in a report on Tuesday, March 6th. Lake Street Capital reiterated a “hold” rating and issued a $14.00 target price (down from $15.00) on shares of Nautilus in a report on Tuesday, March 6th. Imperial Capital reiterated an “in-line” rating and issued a $12.00 target price (down from $14.00) on shares of Nautilus in a report on Wednesday, March 7th. Finally, Zacks Investment Research lowered shares of Nautilus from a “hold” rating to a “sell” rating in a report on Friday, March 9th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $17.75.
In related news, VP Jeffery Lynn Collins sold 2,167 shares of the firm’s stock in a transaction on Thursday, May 10th. The shares were sold at an average price of $16.50, for a total value of $35,755.50. Following the completion of the transaction, the vice president now owns 112 shares of the company’s stock, valued at $1,848. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Bruce M. Cazenave sold 10,700 shares of the firm’s stock in a transaction on Tuesday, April 24th. The shares were sold at an average price of $14.74, for a total transaction of $157,718.00. Following the completion of the transaction, the chief executive officer now directly owns 381,396 shares of the company’s stock, valued at approximately $5,621,777.04. The disclosure for this sale can be found here. Insiders have sold 31,252 shares of company stock valued at $469,875 in the last three months. 3.70% of the stock is owned by insiders.
Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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