Nautilus (NYSE:NLS)‘s stock had its “in-line” rating reissued by equities research analysts at Imperial Capital in a research report issued to clients and investors on Friday, January 18th, Marketbeat.com reports. They currently have a $7.00 price objective on the specialty retailer’s stock, down from their prior price objective of $12.00. Imperial Capital’s target price would suggest a potential downside of 5.66% from the stock’s current price. Imperial Capital also issued estimates for Nautilus’ Q2 2019 earnings at $0.00 EPS and Q3 2019 earnings at $0.17 EPS.
Several other equities research analysts have also recently commented on the stock. B. Riley cut shares of Nautilus from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $21.00 to $10.00 in a research report on Friday, January 18th. DA Davidson cut shares of Nautilus from a “buy” rating to a “neutral” rating in a research report on Friday, January 18th. SunTrust Banks dropped their target price on shares of Nautilus to $9.00 and set a “hold” rating for the company in a research report on Friday, January 18th. Craig Hallum decreased their price target on shares of Nautilus from $20.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, January 18th. Finally, Lake Street Capital lowered shares of Nautilus from a “buy” rating to a “hold” rating and decreased their price target for the stock from $17.00 to $11.00 in a research note on Friday, January 18th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $11.00.
Shares of NLS opened at $7.42 on Friday. Nautilus has a twelve month low of $6.77 and a twelve month high of $17.20. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.93 and a quick ratio of 1.35. The firm has a market cap of $220.42 million, a price-to-earnings ratio of 8.43, a PEG ratio of 1.45 and a beta of 0.81.
In other Nautilus news, Director Anne Saunders sold 4,500 shares of the firm’s stock in a transaction dated Friday, November 30th. The shares were sold at an average price of $12.87, for a total transaction of $57,915.00. Following the completion of the sale, the director now directly owns 11,120 shares in the company, valued at approximately $143,114.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.50% of the stock is currently owned by company insiders.
Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new stake in Nautilus during the 2nd quarter valued at about $120,000. Douglas Lane & Associates LLC bought a new stake in shares of Nautilus in the fourth quarter worth approximately $121,000. Oregon Public Employees Retirement Fund bought a new stake in shares of Nautilus in the fourth quarter worth approximately $123,000. State Board of Administration of Florida Retirement System grew its stake in shares of Nautilus by 19.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 14,636 shares of the specialty retailer’s stock worth $160,000 after acquiring an additional 2,383 shares during the period. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Nautilus in the third quarter worth approximately $210,000. Institutional investors and hedge funds own 95.61% of the company’s stock.
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 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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