Equities research analysts expect Nautilus, Inc. (NYSE:NLS) to post $118.71 million in sales for the current quarter, Zacks reports. Four analysts have provided estimates for Nautilus’ earnings. The highest sales estimate is $122.01 million and the lowest is $116.70 million. Nautilus posted sales of $113.25 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 4.8%. The company is expected to report its next quarterly 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 financial year, with estimates ranging from $421.13 million to $430.73 million. For the next financial year, analysts anticipate that the company will post sales of $461.41 million per share, with estimates ranging from $443.20 million to $477.32 million. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Nautilus.
Nautilus (NYSE:NLS) last released its quarterly earnings results on Monday, March 5th. The specialty retailer reported $0.27 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.04). The business had revenue of $127.80 million during the quarter, compared to analyst estimates of $128.64 million. Nautilus had a net margin of 6.47% and a return on equity of 16.15%. The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.38 earnings per share.
Several analysts have recently commented on the stock. Zacks Investment Research lowered shares of Nautilus from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. ValuEngine lowered shares of Nautilus from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. B. Riley reiterated a “buy” rating and issued a $19.75 price target on shares of Nautilus in a research report on Friday, November 17th. Lake Street Capital restated a “hold” rating and set a $14.00 target price (down previously from $15.00) on shares of Nautilus in a research report on Tuesday. Finally, Imperial Capital restated an “in-line” rating and set a $12.00 target price (down previously from $14.00) on shares of Nautilus in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $16.68.
Nautilus (NYSE NLS) traded up $0.70 during mid-day trading on Friday, hitting $13.00. 446,433 shares of the stock traded hands, compared to its average volume of 377,134. The firm 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 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.
Nautilus announced that its Board of Directors has initiated a share buyback program on Monday, March 5th that permits the company to buyback $15.00 million in outstanding shares. This buyback authorization permits the specialty retailer to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.
In other Nautilus news, CEO Bruce M. Cazenave sold 10,700 shares of Nautilus stock in a transaction on Friday, December 15th. The shares were sold at an average price of $13.71, for a total value of $146,697.00. Following the transaction, the chief executive officer now owns 372,876 shares in the company, valued at approximately $5,112,129.96. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders have sold 32,100 shares of company stock worth $410,345. 3.70% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently made changes to their positions in the business. The Manufacturers Life Insurance Company boosted its holdings in shares of Nautilus by 1.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,450 shares of the specialty retailer’s stock valued at $468,000 after purchasing an additional 310 shares during the last quarter. TIAA CREF Investment Management LLC boosted its holdings in shares of Nautilus by 1.3% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 83,721 shares of the specialty retailer’s stock valued at $1,603,000 after purchasing an additional 1,099 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of Nautilus by 58.7% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 11,520 shares of the specialty retailer’s stock valued at $195,000 after purchasing an additional 4,260 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Nautilus by 6.6% in the 4th quarter. Victory Capital Management Inc. now owns 87,157 shares of the specialty retailer’s stock valued at $1,163,000 after purchasing an additional 5,381 shares during the last quarter. Finally, Kirr Marbach & Co. LLC IN boosted its holdings in shares of Nautilus by 22.0% in the 4th quarter. Kirr Marbach & Co. LLC IN now owns 30,950 shares of the specialty retailer’s stock valued at $413,000 after purchasing an additional 5,585 shares during the last quarter. Institutional investors own 83.15% of the company’s stock.
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Nautilus Company Profile
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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