Nautilus (NLS) Upgraded by ValuEngine to Sell

ValuEngine upgraded shares of Nautilus (NYSE:NLS) from a strong sell rating to a sell rating in a research note issued to investors on Monday, April 1st, ValuEngine reports.

Other equities analysts have also recently issued reports about the company. Craig Hallum cut their price target on Nautilus from $20.00 to $12.00 and set a buy rating on the stock in a report on Friday, January 18th. TheStreet cut Nautilus from a c rating to a d+ rating in a report on Tuesday, February 26th. SunTrust Banks cut their target price on Nautilus to $7.00 and set a hold rating on the stock in a report on Tuesday, February 26th. Lake Street Capital cut Nautilus from a buy rating to a hold rating and cut their target price for the stock from $17.00 to $11.00 in a report on Friday, January 18th. Finally, B. Riley set a $9.00 target price on Nautilus and gave the stock a hold rating in a report on Tuesday, February 26th. Two equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. Nautilus currently has a consensus rating of Hold and a consensus price target of $9.88.

NLS stock traded up $0.17 during trading on Monday, hitting $5.71. The company had a trading volume of 318,600 shares, compared to its average volume of 483,347. Nautilus has a one year low of $5.26 and a one year high of $17.20. The stock has a market capitalization of $160.97 million, a PE ratio of 11.42, a PEG ratio of 1.78 and a beta of 0.76. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.67 and a quick ratio of 1.07.

Nautilus (NYSE:NLS) last announced its earnings results on Monday, February 25th. The specialty retailer reported $0.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.01. Nautilus had a return on equity of 8.15% and a net margin of 3.69%. The business had revenue of $115.40 million for the quarter, compared to analysts’ expectations of $114.71 million. During the same period in the prior year, the business posted $0.27 earnings per share. The firm’s revenue was down 9.7% on a year-over-year basis. As a group, research analysts expect that Nautilus will post 0.31 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System raised its position in Nautilus by 4.5% in the 4th quarter. Arizona State Retirement System now owns 45,872 shares of the specialty retailer’s stock valued at $500,000 after buying an additional 1,993 shares during the last quarter. Victory Capital Management Inc. raised its position in Nautilus by 1.5% in the 4th quarter. Victory Capital Management Inc. now owns 134,561 shares of the specialty retailer’s stock valued at $1,467,000 after buying an additional 2,048 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in Nautilus by 19.4% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 14,636 shares of the specialty retailer’s stock valued at $160,000 after buying an additional 2,383 shares during the last quarter. Northern Trust Corp increased its position in shares of Nautilus by 0.8% during the 4th quarter. Northern Trust Corp now owns 388,231 shares of the specialty retailer’s stock valued at $4,232,000 after purchasing an additional 2,990 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in shares of Nautilus by 5.7% during the 4th quarter. California Public Employees Retirement System now owns 76,894 shares of the specialty retailer’s stock valued at $838,000 after purchasing an additional 4,128 shares during the last quarter. 97.06% of the stock is owned by institutional investors and hedge funds.

Nautilus Company Profile

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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Analyst Recommendations for Nautilus (NYSE:NLS)

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