The Nautilus Inc. (NLS) Receives $25.80 Consensus Target Price from Analysts

The Nautilus Inc. (NLS) Receives $25.80 Consensus Target Price from Analysts

Nautilus Inc. (NYSE:NLS) has been given an average rating of “Buy” by the seven ratings firms that are covering the firm. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $25.80.

NLS has been the subject of several research reports. Imperial Capital downgraded shares of Nautilus from an “outperform” rating to an “in-line” rating and set a $26.00 price objective for the company. in a research note on Monday, September 19th. Wunderlich reiterated a “buy” rating and set a $24.00 price objective on shares of Nautilus in a research note on Thursday, June 23rd. B. Riley reiterated a “buy” rating and set a $23.00 price objective on shares of Nautilus in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Nautilus from a “sell” rating to a “hold” rating in a research note on Thursday, August 4th. Finally, DA Davidson reiterated a “buy” rating and set a $28.00 price objective on shares of Nautilus in a research note on Thursday, September 29th.

In other Nautilus news, Director Marvin G. Siegert sold 7,000 shares of Nautilus stock in a transaction on Friday, August 19th. The shares were sold at an average price of $21.28, for a total value of $148,960.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard A. Horn sold 7,500 shares of Nautilus stock in a transaction on Monday, August 15th. The shares were sold at an average price of $21.50, for a total transaction of $161,250.00. Following the completion of the transaction, the director now directly owns 35,802 shares of the company’s stock, valued at approximately $769,743. The disclosure for this sale can be found here. Corporate insiders own 3.40% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NLS. FineMark National Bank & Trust boosted its position in Nautilus by 0.4% in the second quarter. FineMark National Bank & Trust now owns 10,035 shares of the company’s stock worth $179,000 after buying an additional 35 shares during the last quarter. Rhumbline Advisers boosted its position in Nautilus by 0.3% in the second quarter. Rhumbline Advisers now owns 31,756 shares of the company’s stock worth $567,000 after buying an additional 96 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in Nautilus by 1.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 12,490 shares of the company’s stock worth $223,000 after buying an additional 168 shares during the last quarter. TFS Capital LLC boosted its position in Nautilus by 9.1% in the second quarter. TFS Capital LLC now owns 12,180 shares of the company’s stock worth $217,000 after buying an additional 1,012 shares during the last quarter. Finally, Hancock Holding Co. boosted its position in Nautilus by 3.8% in the second quarter. Hancock Holding Co. now owns 36,946 shares of the company’s stock worth $659,000 after buying an additional 1,349 shares during the last quarter. 85.69% of the stock is owned by institutional investors.

Shares of Nautilus (NYSE:NLS) opened at 20.80 on Thursday. The stock has a market cap of $647.00 million, a price-to-earnings ratio of 22.83 and a beta of 2.18. Nautilus has a 52 week low of $16.14 and a 52 week high of $24.99. The firm has a 50-day moving average price of $22.99 and a 200-day moving average price of $20.20.

Nautilus (NYSE:NLS) last released its quarterly earnings results on Monday, August 1st. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.03. Nautilus had a net margin of 7.49% and a return on equity of 24.07%. The business had revenue of $78.50 million for the quarter, compared to analyst estimates of $77.83 million. During the same period in the previous year, the company earned $0.07 earnings per share. The business’s revenue for the quarter was up 31.5% on a year-over-year basis. On average, equities analysts anticipate that Nautilus will post $1.14 earnings per share for the current year.

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