B. Riley reiterated their buy rating on shares of Nautilus Group (NYSE:NLS) in a research report released on Friday, November 17th. They currently have a $19.75 target price on the specialty retailer’s stock. B. Riley also issued estimates for Nautilus Group’s Q1 2019 earnings at $0.43 EPS, Q2 2019 earnings at $0.13 EPS and Q3 2019 earnings at $0.30 EPS.
Several other research analysts also recently commented on NLS. DA Davidson reissued a buy rating and issued a $22.00 price objective on shares of Nautilus Group in a research note on Wednesday, August 16th. Imperial Capital cut Nautilus Group from an outperform rating to an in-line rating and dropped their target price for the company from $20.00 to $14.00 in a report on Tuesday, October 31st. SunTrust Banks cut Nautilus Group from a buy rating to a hold rating and set a $16.00 price target for the company. in a report on Tuesday, October 31st. Zacks Investment Research cut Nautilus Group from a hold rating to a sell rating in a report on Saturday, August 5th. Finally, TheStreet cut Nautilus Group from a b rating to a c+ rating in a report on Thursday, November 2nd. One investment 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 company presently has an average rating of Hold and an average price target of $18.96.
Shares of Nautilus Group (NLS) traded down $0.10 during midday trading on Friday, reaching $13.20. The company had a trading volume of 229,555 shares, compared to its average volume of 343,419. The stock has a market capitalization of $405.33, a price-to-earnings ratio of 13.33, a P/E/G ratio of 1.44 and a beta of 2.12. Nautilus Group has a 52-week low of $12.25 and a 52-week high of $19.80. 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 (NYSE:NLS) last announced its quarterly earnings results on Monday, October 30th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.03. The company had revenue of $88.10 million during the quarter, compared to the consensus estimate of $92.29 million. Nautilus Group had a return on equity of 18.54% and a net margin of 7.28%. Nautilus Group’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.16 earnings per share. sell-side analysts anticipate that Nautilus Group will post 0.92 earnings per share for the current year.
In other Nautilus Group news, Director Anne Saunders sold 5,000 shares of Nautilus Group stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $13.00, for a total value of $65,000.00. Following the transaction, the director now directly owns 11,626 shares in the company, valued at approximately $151,138. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Wayne M. Bolio sold 16,190 shares of Nautilus Group stock in a transaction that occurred on Friday, November 10th. The shares were 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 owns 60,189 shares in the company, valued at $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 three months. Corporate insiders own 3.70% of the company’s stock.
A number of hedge funds have recently modified their holdings of the stock. Cubist Systematic Strategies LLC acquired a new position in Nautilus Group during the third quarter worth $232,000. Jane Street Group LLC acquired a new position in shares of Nautilus Group in the third quarter worth $173,000. Granite Point Capital Management L.P. acquired a new position in shares of Nautilus Group in the third quarter worth $220,000. Royce & Associates LP raised its holdings in shares of Nautilus Group by 11.3% in the third quarter. Royce & Associates LP now owns 1,958,049 shares of the specialty retailer’s stock worth $33,091,000 after acquiring an additional 199,000 shares during the last quarter. Finally, Stifel Financial Corp raised its holdings in shares of Nautilus Group by 35.9% in the third quarter. Stifel Financial Corp now owns 686,208 shares of the specialty retailer’s stock worth $11,627,000 after acquiring an additional 181,156 shares during 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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