Nautilus Group, Inc. (The) (NLS) Receives “Buy” Rating from B. Riley

B. Riley reaffirmed their buy rating on shares of Nautilus Group, Inc. (The) (NYSE:NLS) in a research report released on Friday morning. They currently have a $19.75 price target on the specialty retailer’s stock. B. Riley also issued estimates for Nautilus Group, Inc. (The)’s Q1 2019 earnings at $0.43 EPS, Q2 2019 earnings at $0.13 EPS and Q3 2019 earnings at $0.30 EPS.

NLS has been the subject of several other reports. DA Davidson restated a buy rating and set a $22.00 target price on shares of Nautilus Group, Inc. (The) in a research note on Wednesday, August 16th. Zacks Investment Research upgraded Nautilus Group, Inc. (The) from a sell rating to a hold rating in a research note on Wednesday, October 4th. Imperial Capital cut Nautilus Group, Inc. (The) from an outperform rating to an in-line rating and cut their target price for the stock from $20.00 to $14.00 in a research note on Tuesday, October 31st. Lake Street Capital cut Nautilus Group, Inc. (The) from a buy rating to a hold rating and cut their target price for the stock from $25.00 to $15.00 in a research note on Tuesday, October 31st. Finally, SunTrust Banks, Inc. cut Nautilus Group, Inc. (The) from a buy rating to a hold rating and set a $16.00 target price for the company. in a research note on Tuesday, October 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of $18.96.

Shares of Nautilus Group, Inc. (NYSE:NLS) opened at $13.30 on Friday. Nautilus Group, Inc. has a 1-year low of $12.25 and a 1-year high of $19.80. The stock has a market capitalization of $393.05, a P/E ratio of 12.93, a PEG ratio of 1.40 and a beta of 2.12. The company has a current ratio of 2.02, a quick ratio of 1.38 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 (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. The business 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 firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.16 earnings per share. equities research analysts expect that Nautilus Group, Inc. will post 0.92 EPS for the current year.

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In related news, SVP Wayne M. Bolio sold 16,190 shares of the 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 in the company, valued at $772,826.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard A. Horn sold 7,500 shares of the stock in a transaction on Friday, August 25th. The shares were sold at an average price of $16.70, for a total value of $125,250.00. Following the completion of the sale, the director now owns 41,626 shares of the company’s stock, valued at $695,154.20. The disclosure for this sale can be found here. Insiders sold 29,040 shares of company stock valued at $400,861 over the last 90 days. 3.70% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of NLS. State of Alaska Department of Revenue grew its holdings in Nautilus Group, Inc. (The) by 78.5% during the 2nd 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 during the period. SG Americas Securities LLC acquired a new stake in Nautilus Group, Inc. (The) during the 3rd quarter worth about $134,000. Municipal Employees Retirement System of Michigan grew its holdings in Nautilus Group, Inc. (The) by 2.4% during the 2nd 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 during the period. Citigroup Inc. grew its holdings in Nautilus Group, Inc. (The) by 3,252.1% during the 2nd quarter. Citigroup Inc. now owns 7,341 shares of the specialty retailer’s stock worth $141,000 after acquiring an additional 7,122 shares during the period. Finally, Jane Street Group LLC acquired a new stake in Nautilus Group, Inc. (The) during the 3rd quarter worth about $173,000. Institutional investors and hedge funds own 99.07% of the company’s stock.

Nautilus Group, Inc. (The) 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.

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

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