Nautilus, Inc. (NYSE:NLS) SVP Wayne M. Bolio purchased 3,840 shares of the company’s stock in a transaction dated Tuesday, May 14th. The shares were bought at an average cost of $3.90 per share, for a total transaction of $14,976.00. Following the acquisition, the senior vice president now owns 76,525 shares in the company, valued at $298,447.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
NYSE NLS traded down $0.30 on Wednesday, reaching $3.61. 660,394 shares of the stock were exchanged, compared to its average volume of 484,869. Nautilus, Inc. has a one year low of $3.59 and a one year high of $16.75. The stock has a market cap of $118.68 million, a price-to-earnings ratio of 7.22 and a beta of 0.72. The company has a current ratio of 2.22, a quick ratio of 1.09 and a debt-to-equity ratio of 0.24.
Nautilus (NYSE:NLS) last released its earnings results on Monday, May 6th. The specialty retailer reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.26). Nautilus had a negative return on equity of 0.83% and a negative net margin of 0.54%. The firm had revenue of $84.40 million for the quarter, compared to the consensus estimate of $92.41 million. During the same quarter in the previous year, the business posted $0.27 EPS. Nautilus’s revenue was down 26.5% on a year-over-year basis. Sell-side analysts forecast that Nautilus, Inc. will post -0.23 EPS for the current year.
A number of equities analysts recently issued reports on NLS shares. Lake Street Capital dropped their price objective on shares of Nautilus to $8.00 and set a “hold” rating on the stock in a report on Tuesday, February 26th. Imperial Capital reissued an “in-line” rating and issued a $7.00 price objective (down previously from $12.00) on shares of Nautilus in a report on Friday, January 18th. Sidoti downgraded shares of Nautilus from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $19.00 to $9.00 in a report on Friday, January 18th. Craig Hallum dropped their price objective on shares of Nautilus from $20.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, January 18th. Finally, DA Davidson dropped their price objective on shares of Nautilus to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, May 7th. One analyst has rated the stock with a sell rating and nine have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $7.81.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. raised its position in shares of Nautilus by 4.6% during the first quarter. BlackRock Inc. now owns 4,676,593 shares of the specialty retailer’s stock valued at $26,003,000 after buying an additional 204,652 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Nautilus by 6.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,179,118 shares of the specialty retailer’s stock valued at $12,116,000 after purchasing an additional 133,316 shares in the last quarter. Vanguard Group Inc boosted its stake in Nautilus by 2.2% during the third quarter. Vanguard Group Inc now owns 1,828,189 shares of the specialty retailer’s stock worth $25,503,000 after buying an additional 39,456 shares during the period. Vanguard Group Inc. boosted its stake in Nautilus by 2.2% during the third quarter. Vanguard Group Inc. now owns 1,828,189 shares of the specialty retailer’s stock worth $25,503,000 after buying an additional 39,456 shares during the period. Finally, LSV Asset Management boosted its stake in shares of Nautilus by 2.2% during the first quarter. LSV Asset Management now owns 1,520,496 shares of the specialty retailer’s stock valued at $8,453,000 after purchasing an additional 32,510 shares during the period. Institutional investors own 96.55% of the company’s stock.
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Nautilus Company Profile
Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, strength products, home gyms, dumbbells, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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