B. Riley Reiterates “Buy” Rating for Nautilus Group, Inc. (The) (NLS)

Nautilus Group, Inc. (The) (NYSE:NLS)‘s stock had its “buy” rating restated by research analysts at B. Riley in a note issued to investors on Friday. They currently have a $19.75 price objective on the specialty retailer’s stock. B. Riley’s target price would suggest a potential upside of 54.30% from the stock’s previous close. B. Riley also issued estimates for Nautilus Group, Inc. (The)’s Q1 2019 earnings at $0.43 EPS, Q2 2019 earnings at $0.13 EPS and Q3 2019 earnings at $0.30 EPS.

Several other brokerages have also recently issued reports on NLS. DA Davidson reaffirmed a “buy” rating and set a $22.00 price objective on shares of Nautilus Group, Inc. (The) in a research note on Wednesday, August 16th. Zacks Investment Research raised shares of Nautilus Group, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Lake Street Capital cut shares of Nautilus Group, Inc. (The) from a “buy” rating to a “hold” rating and dropped their price objective for the company from $25.00 to $15.00 in a research note on Tuesday, October 31st. Imperial Capital cut shares of Nautilus Group, Inc. (The) from an “outperform” rating to an “in-line” rating and dropped their price objective for the company from $20.00 to $14.00 in a research note on Tuesday, October 31st. Finally, SunTrust Banks, Inc. cut shares of Nautilus Group, Inc. (The) from a “buy” rating to a “hold” rating and set a $16.00 price objective for the company. in a research note on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $18.96.

Shares of Nautilus Group, Inc. (NYSE NLS) traded up $0.20 during midday trading on Friday, reaching $12.80. 309,924 shares of the company traded hands, compared to its average volume of 619,798. Nautilus Group, Inc. has a one year low of $12.25 and a one year high of $19.80. The stock has a market cap of $393.05, a PE ratio of 12.93, a PEG ratio of 1.40 and a beta of 2.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.38 and a current ratio of 2.02.

Nautilus Group, Inc. (The) (NYSE:NLS) last announced its quarterly earnings data on Monday, October 30th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. Nautilus Group, Inc. (The) had a net margin of 7.28% and a return on equity of 18.54%. The company had revenue of $88.10 million during the quarter, compared to analysts’ expectations of $92.29 million. During the same quarter in the prior year, the company earned $0.16 EPS. Nautilus Group, Inc. (The)’s revenue was up 9.0% compared to the same quarter last year. research analysts anticipate that Nautilus Group, Inc. will post 0.92 earnings per share for the current fiscal year.

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In other Nautilus Group, Inc. (The) news, CEO Bruce M. Cazenave sold 5,350 shares of the business’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $12.66, for a total value of $67,731.00. Following the transaction, the chief executive officer now directly owns 372,876 shares in the company, valued at approximately $4,720,610.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard A. Horn sold 7,500 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $16.70, for a total transaction of $125,250.00. Following the completion of the transaction, the director now owns 41,626 shares in the company, valued at $695,154.20. The disclosure for this sale can be found here. Insiders sold a total of 29,040 shares of company stock worth $400,861 over the last quarter. 3.70% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the business. State of Alaska Department of Revenue boosted its holdings in Nautilus Group, Inc. (The) by 78.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 6,014 shares of the specialty retailer’s stock valued at $115,000 after purchasing an additional 2,644 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in Nautilus Group, Inc. (The) by 2.4% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,260 shares of the specialty retailer’s stock valued at $139,000 after purchasing an additional 170 shares during the last quarter. Citigroup Inc. boosted its holdings in Nautilus Group, Inc. (The) by 3,252.1% in the 2nd quarter. Citigroup Inc. now owns 7,341 shares of the specialty retailer’s stock valued at $141,000 after purchasing an additional 7,122 shares during the last quarter. SG Americas Securities LLC acquired a new position in Nautilus Group, Inc. (The) in the 3rd quarter valued at about $134,000. Finally, UBS Asset Management Americas Inc. acquired a new position in Nautilus Group, Inc. (The) in the 2nd quarter valued at about $193,000. Institutional investors own 93.95% of the company’s stock.

Nautilus Group, Inc. (The) 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.

Analyst Recommendations for Nautilus Group, Inc. (The) (NYSE:NLS)

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