Equities research analysts expect Nautilus, Inc. (NYSE:NLS) to report $118.71 million in sales for the current quarter, according to Zacks. Four analysts have issued estimates for Nautilus’ earnings. The lowest sales estimate is $116.70 million and the highest is $122.01 million. Nautilus posted sales of $113.25 million during the same quarter last year, which would indicate a positive year over year growth rate of 4.8%. The business is expected to announce its next earnings results on Monday, May 7th.
According to Zacks, analysts expect that Nautilus will report full year sales of $118.71 million for the current year, with estimates ranging from $421.13 million to $430.73 million. For the next fiscal year, analysts expect that the firm will post sales of $461.41 million per share, with estimates ranging from $443.20 million to $477.32 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Nautilus.
Nautilus (NYSE:NLS) last released its quarterly earnings results on Monday, March 5th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.04). Nautilus had a net margin of 6.47% and a return on equity of 16.15%. The company had revenue of $127.80 million for the quarter, compared to the consensus estimate of $128.64 million. During the same period in the prior year, the firm posted $0.38 EPS. The business’s revenue for the quarter was up 1.6% on a year-over-year basis.
NLS has been the subject of several recent research reports. B. Riley reissued a “buy” rating and set a $19.75 price target on shares of Nautilus in a report on Friday, November 17th. Zacks Investment Research raised Nautilus from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. ValuEngine lowered Nautilus from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Lake Street Capital reaffirmed a “hold” rating and issued a $14.00 price objective (down previously from $15.00) on shares of Nautilus in a research note on Tuesday. Finally, Imperial Capital reaffirmed an “in-line” rating and issued a $12.00 price objective (down previously from $14.00) on shares of Nautilus in a research note on Wednesday. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $16.68.
Nautilus (NYSE:NLS) traded up $0.70 during trading hours on Friday, reaching $13.00. The company’s stock had a trading volume of 446,433 shares, compared to its average volume of 377,134. Nautilus has a twelve month low of $11.30 and a twelve month high of $19.80. The company has a quick ratio of 1.38, a current ratio of 2.02 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $386.91, a price-to-earnings ratio of 15.29, a PEG ratio of 1.14 and a beta of 1.61.
Nautilus declared that its board has authorized a share repurchase program on Monday, March 5th that allows the company to repurchase $15.00 million in shares. This repurchase authorization allows the specialty retailer to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.
In other news, CEO Bruce M. Cazenave sold 10,700 shares of the company’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $12.65, for a total value of $135,355.00. Following the completion of the transaction, the chief executive officer now owns 372,876 shares of the company’s stock, valued at $4,716,881.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders sold 32,100 shares of company stock valued at $410,345. Corporate insiders own 3.70% of the company’s stock.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of Nautilus by 1.2% in the fourth quarter. BlackRock Inc. now owns 3,874,812 shares of the specialty retailer’s stock worth $51,728,000 after acquiring an additional 46,615 shares during the period. Royce & Associates LP boosted its stake in shares of Nautilus 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 period. Cooke & Bieler LP boosted its stake in shares of Nautilus by 43.4% in the fourth quarter. Cooke & Bieler LP now owns 1,781,670 shares of the specialty retailer’s stock worth $23,785,000 after acquiring an additional 539,291 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Nautilus by 1.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,770,938 shares of the specialty retailer’s stock worth $29,929,000 after buying an additional 30,758 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Nautilus by 4.5% in the second quarter. Vanguard Group Inc. now owns 1,704,129 shares of the specialty retailer’s stock worth $32,634,000 after buying an additional 74,149 shares in the last quarter. 83.15% of the stock is owned by hedge funds and other institutional investors.
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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