Wall Street brokerages expect that Nautilus, Inc. (NYSE:NLS) will announce earnings of $0.20 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Nautilus’ earnings. The highest EPS estimate is $0.22 and the lowest is $0.16. Nautilus reported earnings of $0.26 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 23.1%. The company is scheduled to report its next earnings results on Monday, May 7th.
On average, analysts expect that Nautilus will report full-year earnings of $1.00 per share for the current financial year, with EPS estimates ranging from $0.83 to $1.10. For the next year, analysts expect that the business will post earnings of $1.14 per share, with EPS estimates ranging from $1.08 to $1.20. Zacks’ EPS calculations are an average based on a survey of analysts that follow Nautilus.
Nautilus (NYSE:NLS) last posted its earnings results on Monday, March 5th. The specialty retailer reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.04). The business had revenue of $127.80 million for the quarter, compared to analyst estimates of $128.64 million. Nautilus had a return on equity of 15.93% and a net margin of 6.47%. The firm’s revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.38 earnings per share.
A number of research firms recently weighed in on NLS. Zacks Investment Research lowered Nautilus from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. B. Riley decreased their target price on Nautilus from $19.75 to $16.75 and set a “buy” rating on the stock in a report on Tuesday, March 6th. ValuEngine lowered Nautilus from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Lake Street Capital reissued a “hold” rating and set a $14.00 target price (down from $15.00) on shares of Nautilus in a report on Tuesday, March 6th. Finally, Imperial Capital reissued an “in-line” rating and set a $12.00 target price (down from $14.00) on shares of Nautilus in a report on Wednesday, March 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Nautilus currently has an average rating of “Hold” and an average target price of $16.68.
In other Nautilus news, VP Jeffery Lynn Collins sold 2,335 shares of the company’s stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $13.00, for a total value of $30,355.00. Following the transaction, the vice president now directly owns 3,432 shares of the company’s stock, valued at approximately $44,616. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Bruce M. Cazenave sold 10,700 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $11.99, for a total value of $128,293.00. Following the completion of the transaction, the chief executive officer now directly owns 372,876 shares in the company, valued at $4,470,783.24. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,735 shares of company stock worth $294,003. Insiders own 3.70% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Disciplined Growth Investors Inc. MN grew its holdings in Nautilus by 3.2% in the 4th quarter. Disciplined Growth Investors Inc. MN now owns 1,017,552 shares of the specialty retailer’s stock valued at $13,584,000 after buying an additional 31,777 shares in the last quarter. MetLife Investment Advisors LLC acquired a new position in Nautilus in the 4th quarter valued at $218,000. HCSF Management LLC grew its holdings in Nautilus by 20.5% in the 4th quarter. HCSF Management LLC now owns 906,024 shares of the specialty retailer’s stock valued at $12,095,000 after buying an additional 154,100 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in Nautilus by 242.5% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 39,460 shares of the specialty retailer’s stock valued at $527,000 after buying an additional 27,940 shares in the last quarter. Finally, Engine Capital Management LLC acquired a new position in Nautilus in the 4th quarter valued at $134,000. 88.95% of the stock is currently owned by hedge funds and other institutional investors.
Nautilus stock traded down $0.60 during mid-day trading on Monday, hitting $13.05. The company had a trading volume of 475,230 shares, compared to its average volume of 392,565. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.94 and a quick ratio of 1.39. The firm has a market cap of $419.15, a price-to-earnings ratio of 15.35, a PEG ratio of 1.36 and a beta of 1.61. Nautilus has a 1-year low of $11.30 and a 1-year high of $19.80.
Nautilus declared that its Board of Directors has approved a share repurchase plan on Monday, March 5th that permits the company to repurchase $15.00 million in outstanding shares. This repurchase authorization permits the specialty retailer to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.
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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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