Nautilus (NYSE:NLS) had its target price boosted by analysts at Craig Hallum from $8.00 to $13.00 in a note issued to investors on Thursday, The Fly reports. The firm presently has a “buy” rating on the specialty retailer’s stock. Craig Hallum’s price objective points to a potential upside of 22.93% from the company’s previous close.
Several other equities research analysts have also issued reports on the company. SunTrust Banks lifted their price objective on Nautilus from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Tuesday. ValuEngine downgraded Nautilus from a “buy” rating to a “hold” rating in a report on Monday, June 8th. Roth Capital began coverage on Nautilus in a report on Thursday, March 26th. They issued a “buy” rating and a $3.00 price objective on the stock. Finally, Lake Street Capital boosted their price target on Nautilus from $7.00 to $9.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $7.08.
Shares of Nautilus stock traded down $0.06 on Thursday, hitting $10.58. The company had a trading volume of 242,345 shares, compared to its average volume of 1,543,398. The stock has a market capitalization of $326.17 million, a price-to-earnings ratio of -3.87 and a beta of 2.42. Nautilus has a 1 year low of $1.20 and a 1 year high of $11.11. The stock has a 50 day moving average of $7.47 and a 200-day moving average of $4.38. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.49 and a current ratio of 2.16.
Nautilus (NYSE:NLS) last issued its quarterly earnings results on Tuesday, May 5th. The specialty retailer reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.16. Nautilus had a negative return on equity of 11.62% and a negative net margin of 26.33%. The company had revenue of $93.72 million during the quarter, compared to the consensus estimate of $93.70 million. Equities analysts anticipate that Nautilus will post -0.01 earnings per share for the current year.
In other Nautilus news, SVP Wayne M. Bolio sold 40,063 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $6.13, for a total transaction of $245,586.19. Following the completion of the transaction, the senior vice president now owns 40,155 shares of the company’s stock, valued at approximately $246,150.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company’s stock.
Institutional investors have recently bought and sold shares of the stock. Two Sigma Advisers LP increased its position in shares of Nautilus by 9.5% during the first quarter. Two Sigma Advisers LP now owns 436,600 shares of the specialty retailer’s stock worth $1,140,000 after acquiring an additional 37,700 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Nautilus during the first quarter worth $26,000. Oxford Asset Management LLP purchased a new position in shares of Nautilus during the fourth quarter worth $29,000. Russell Investments Group Ltd. raised its holdings in shares of Nautilus by 7.4% during the first quarter. Russell Investments Group Ltd. now owns 131,959 shares of the specialty retailer’s stock worth $344,000 after purchasing an additional 9,044 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in Nautilus by 59.9% in the first quarter. Deutsche Bank AG now owns 372,581 shares of the specialty retailer’s stock valued at $973,000 after buying an additional 139,529 shares in the last quarter. 43.55% of the stock is currently owned by institutional investors.
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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