News stories about Nautilus (NYSE:NLS) have been trending somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nautilus earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news headlines about the specialty retailer an impact score of 45.2838741042776 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Nautilus stock opened at $14.00 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.39 and a current ratio of 1.94. The company has a market cap of $419.15, a PE ratio of 15.91, a P/E/G ratio of 1.36 and a beta of 1.35. Nautilus has a twelve month low of $11.30 and a twelve month high of $19.80.
Nautilus (NYSE:NLS) last announced its quarterly 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 company 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 for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 earnings per share. research analysts expect that Nautilus will post 1 EPS for the current year.
Nautilus announced that its Board of Directors has authorized a share repurchase program on Monday, March 5th that authorizes the company to buyback $15.00 million in outstanding shares. This buyback authorization authorizes the specialty retailer to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its shares are undervalued.
Several analysts have issued reports on NLS shares. ValuEngine cut Nautilus from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Zacks Investment Research cut Nautilus from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. Lake Street Capital restated a “hold” rating and set a $14.00 price objective (down previously from $15.00) on shares of Nautilus in a research note on Tuesday, March 6th. B. Riley cut their price objective on Nautilus from $19.75 to $16.75 and set a “buy” rating on the stock in a research note on Tuesday, March 6th. Finally, Imperial Capital restated an “in-line” rating and set a $12.00 price objective (down previously from $14.00) on shares of Nautilus in a research note on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $16.68.
In other news, CEO Bruce M. Cazenave sold 10,700 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $11.99, for a total transaction of $128,293.00. Following the sale, the chief executive officer now directly owns 372,876 shares in the company, valued at approximately $4,470,783.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Bruce M. Cazenave sold 5,350 shares of the stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $12.97, for a total value of $69,389.50. Following the sale, the chief executive officer now owns 381,396 shares in the company, valued at $4,946,706.12. The disclosure for this sale can be found here. Insiders have sold a total of 18,385 shares of company stock worth $228,038 over the last quarter. Insiders own 3.50% of the company’s stock.
Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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