Nautilus (NLS) Receives New Coverage from Analysts at Craig Hallum

Craig Hallum began coverage on shares of Nautilus (NYSE:NLS) in a report published on Monday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $19.00 target price on the specialty retailer’s stock.

Several other equities analysts have also recently weighed in on the company. Zacks Investment Research raised Nautilus from a sell rating to a hold rating in a report on Tuesday, January 9th. ValuEngine cut Nautilus from a buy rating to a hold rating in a report on Friday, February 2nd. Imperial Capital reissued an in-line rating and set a $12.00 price target (down from $14.00) on shares of Nautilus in a report on Wednesday, March 7th. B. Riley lowered their price target on Nautilus from $19.75 to $16.75 and set a buy rating on the stock in a report on Tuesday, March 6th. Finally, Lake Street Capital reissued a hold rating and set a $14.00 price target (down from $15.00) on shares of Nautilus in a report on Tuesday, March 6th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $16.97.

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NYSE NLS opened at $15.00 on Monday. The firm has a market cap of $413.01, a PE ratio of 17.05, a PEG ratio of 1.34 and a beta of 1.35. The company has a current ratio of 1.94, a quick ratio of 1.39 and a debt-to-equity ratio of 0.18. Nautilus has a 1-year low of $11.30 and a 1-year high of $19.80.



Nautilus (NYSE:NLS) last released its quarterly earnings results on Monday, March 5th. The specialty retailer reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.04). The firm had revenue of $127.80 million for the quarter, compared to the consensus estimate of $128.64 million. Nautilus had a net margin of 6.47% and a return on equity of 15.93%. Nautilus’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.38 earnings per share. analysts forecast that Nautilus will post 1 EPS for the current fiscal year.

Nautilus announced that its board has approved a stock repurchase program on Monday, March 5th that authorizes the company to repurchase $15.00 million in shares. This repurchase authorization authorizes the specialty retailer to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

In other 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 completion of the sale, the vice president now directly owns 3,432 shares in the company, valued at approximately $44,616. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Bruce M. Cazenave sold 10,700 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $11.99, for a total value of $128,293.00. Following the completion of the sale, the chief executive officer now owns 372,876 shares of the company’s stock, valued at $4,470,783.24. The disclosure for this sale can be found here. Insiders sold a total of 18,385 shares of company stock valued at $228,038 over the last 90 days. 3.50% of the stock is currently owned by company insiders.

Several large investors have recently bought and sold shares of NLS. Cooke & Bieler LP increased its stake in shares of Nautilus by 43.4% in the 4th quarter. Cooke & Bieler LP now owns 1,781,670 shares of the specialty retailer’s stock worth $23,785,000 after purchasing an additional 539,291 shares in the last quarter. Alambic Investment Management L.P. purchased a new stake in Nautilus in the 4th quarter worth $4,192,000. Skylands Capital LLC increased its stake in Nautilus by 227.2% in the 4th quarter. Skylands Capital LLC now owns 376,297 shares of the specialty retailer’s stock worth $5,024,000 after buying an additional 261,297 shares in the last quarter. LSV Asset Management increased its stake in Nautilus by 208.5% in the 4th quarter. LSV Asset Management now owns 331,023 shares of the specialty retailer’s stock worth $4,419,000 after buying an additional 223,723 shares in the last quarter. Finally, Northpointe Capital LLC increased its stake in Nautilus by 16.4% in the 4th quarter. Northpointe Capital LLC now owns 1,182,726 shares of the specialty retailer’s stock worth $15,789,000 after buying an additional 167,065 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

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About Nautilus

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.

Analyst Recommendations for Nautilus (NYSE:NLS)

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