Analysts Set Nautilus Group, Inc. (The) (NLS) PT at $22.30

Nautilus Group, Inc. (The) (NYSE:NLS) has earned a consensus rating of “Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $22.30.

A number of equities research analysts have recently weighed in on NLS shares. Zacks Investment Research raised shares of Nautilus Group, Inc. (The) from a “sell” rating to a “hold” rating in a report on Thursday, May 4th. Imperial Capital boosted their price objective on shares of Nautilus Group, Inc. (The) from $20.00 to $21.00 and gave the company an “outperform” rating in a report on Wednesday, May 3rd. Finally, DA Davidson reissued a “buy” rating and set a $22.00 price objective on shares of Nautilus Group, Inc. (The) in a report on Wednesday, August 16th.

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Shares of Nautilus Group, Inc. (NYSE NLS) traded down 0.90% during mid-day trading on Friday, reaching $16.55. The company had a trading volume of 209,337 shares. Nautilus Group, Inc. has a one year low of $14.27 and a one year high of $24.99. The company has a 50 day moving average price of $17.52 and a 200 day moving average price of $17.62. The company has a market capitalization of $509.51 million, a price-to-earnings ratio of 17.91 and a beta of 2.05.

Nautilus Group, Inc. (The) (NYSE:NLS) last announced its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by $0.01. The company had revenue of $77 million for the quarter, compared to analysts’ expectations of $77.71 million. Nautilus Group, Inc. (The) had a net margin of 7.25% and a return on equity of 17.22%. Nautilus Group, Inc. (The)’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period last year, the firm earned $0.12 earnings per share. On average, analysts anticipate that Nautilus Group, Inc. will post $1.12 EPS for the current year.

Nautilus Group, Inc. (The) declared that its board has initiated a share repurchase plan on Monday, May 1st that allows the company to buyback $15.00 million in shares. This buyback authorization allows the specialty retailer to repurchase up to 2.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

A number of hedge funds and other institutional investors have recently bought and sold shares of NLS. Capstone Asset Management Co. acquired a new position in Nautilus Group, Inc. (The) during the first quarter worth about $184,000. Nationwide Fund Advisors increased its position in Nautilus Group, Inc. (The) by 6.2% in the first quarter. Nationwide Fund Advisors now owns 389,172 shares of the specialty retailer’s stock worth $7,102,000 after buying an additional 22,663 shares in the last quarter. Fisher Asset Management LLC increased its position in Nautilus Group, Inc. (The) by 45.3% in the first quarter. Fisher Asset Management LLC now owns 87,424 shares of the specialty retailer’s stock worth $1,595,000 after buying an additional 27,255 shares in the last quarter. Mesirow Financial Investment Management Equity Management increased its position in Nautilus Group, Inc. (The) by 19.1% in the first quarter. Mesirow Financial Investment Management Equity Management now owns 19,448 shares of the specialty retailer’s stock worth $355,000 after buying an additional 3,120 shares in the last quarter. Finally, Essex Investment Management Co. LLC increased its position in Nautilus Group, Inc. (The) by 22.3% in the first quarter. Essex Investment Management Co. LLC now owns 78,096 shares of the specialty retailer’s stock worth $1,425,000 after buying an additional 14,264 shares in the last quarter. Institutional investors own 97.74% 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)

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