Shares of Nautilus, Inc. (NYSE:NLS) have earned an average rating of “Hold” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $7.07.
Several research analysts recently commented on NLS shares. Zacks Investment Research lowered shares of Nautilus from a “hold” rating to a “strong sell” rating in a research note on Saturday, July 20th. Lake Street Capital reduced their target price on shares of Nautilus from $8.00 to $5.00 and set a “hold” rating on the stock in a report on Tuesday, May 7th. DA Davidson reduced their target price on shares of Nautilus to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, May 7th. ValuEngine lowered shares of Nautilus from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Finally, Imperial Capital upgraded shares of Nautilus from an “in-line” rating to an “outperform” rating and set a $4.50 target price on the stock in a report on Wednesday, July 17th.
In other news, CEO M Carl Johnson III bought 10,000 shares of the stock in a transaction that occurred on Thursday, May 30th. The shares were purchased at an average cost of $2.78 per share, with a total value of $27,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.20% of the company’s stock.
NYSE:NLS opened at $1.93 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.09 and a current ratio of 2.22. The company has a 50-day moving average price of $2.06. Nautilus has a 12-month low of $1.60 and a 12-month high of $15.35.
Nautilus (NYSE:NLS) last posted its quarterly earnings data on Monday, May 6th. The specialty retailer reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.26). The firm had revenue of $84.40 million for the quarter, compared to analyst estimates of $92.41 million. Nautilus had a negative return on equity of 0.83% and a negative net margin of 0.54%. The firm’s quarterly revenue was down 26.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 earnings per share. Analysts forecast that Nautilus will post -0.27 earnings per share for the current year.
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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