Wall Street analysts predict that Nautilus, Inc. (NYSE:NLS) will announce sales of $109.47 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Nautilus’ earnings, with the lowest sales estimate coming in at $105.00 million and the highest estimate coming in at $111.80 million. Nautilus posted sales of $61.71 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 77.4%. The firm is scheduled to report its next earnings results on Thursday, November 5th.
On average, analysts expect that Nautilus will report full year sales of $451.03 million for the current fiscal year, with estimates ranging from $438.40 million to $474.60 million. For the next financial year, analysts expect that the firm will report sales of $443.43 million, with estimates ranging from $399.70 million to $491.00 million. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Nautilus.
Nautilus (NYSE:NLS) last issued its quarterly earnings results on Monday, August 10th. The specialty retailer reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.10) by $0.66. The business had revenue of $114.19 million for the quarter, compared to the consensus estimate of $69.15 million. Nautilus had a positive return on equity of 18.03% and a negative net margin of 2.71%.
NLS has been the topic of a number of analyst reports. William Blair initiated coverage on Nautilus in a research report on Wednesday, September 2nd. They set an “outperform” rating on the stock. Truist Financial upped their target price on Nautilus from $12.00 to $18.00 in a research note on Tuesday, August 11th. Roth Capital upped their target price on Nautilus from $13.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. They noted that the move was a valuation call. Craig Hallum upped their target price on Nautilus from $13.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. Finally, SunTrust Banks upped their target price on Nautilus from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a sell rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Nautilus has an average rating of “Buy” and a consensus price target of $12.21.
NYSE:NLS traded up $1.26 during trading hours on Thursday, reaching $17.10. 2,533,438 shares of the company were exchanged, compared to its average volume of 1,608,931. The company has a market capitalization of $512.44 million, a P/E ratio of -50.29 and a beta of 2.32. Nautilus has a 1-year low of $1.20 and a 1-year high of $18.10. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.86 and a quick ratio of 1.59. The business has a 50 day moving average of $13.81 and a 200 day moving average of $8.24.
In other news, Director Marvin G. Siegert sold 25,000 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $14.00, for a total value of $350,000.00. Following the completion of the transaction, the director now directly owns 69,077 shares in the company, valued at approximately $967,078. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard A. Horn sold 10,000 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $13.02, for a total value of $130,200.00. Insiders sold a total of 165,387 shares of company stock valued at $2,327,736 over the last quarter. 1.90% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently made changes to their positions in the company. Bank of Montreal Can bought a new position in shares of Nautilus in the 2nd quarter valued at $25,000. Dynamic Technology Lab Private Ltd bought a new position in Nautilus during the 1st quarter worth $26,000. Wells Fargo & Company MN raised its position in Nautilus by 578.3% during the 1st quarter. Wells Fargo & Company MN now owns 10,243 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 8,733 shares during the last quarter. White Pine Capital LLC raised its position in Nautilus by 63.3% during the 1st quarter. White Pine Capital LLC now owns 24,000 shares of the specialty retailer’s stock worth $63,000 after purchasing an additional 9,300 shares during the last quarter. Finally, Sei Investments Co. bought a new position in Nautilus during the 2nd quarter worth $70,000. Institutional investors own 65.50% of the company’s stock.
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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