Nautilus Inc. (NYSE:NLS) – Equities research analysts at SunTrust Banks dropped their Q3 2016 earnings per share estimates for Nautilus in a research report issued on Monday. SunTrust Banks analyst M. Swartz now anticipates that the brokerage will post earnings of $0.15 per share for the quarter, down from their prior forecast of $0.16. SunTrust Banks also issued estimates for Nautilus’ Q4 2016 earnings at $0.62 EPS.
Nautilus (NYSE:NLS) last announced its earnings results on Monday, August 1st. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $78.50 million for the quarter, compared to analyst estimates of $77.83 million. Nautilus had a return on equity of 24.07% and a net margin of 7.49%. The firm’s quarterly revenue was up 31.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.07 earnings per share.
Other research analysts have also issued reports about the stock. DA Davidson restated a “buy” rating and set a $28.00 target price on shares of Nautilus in a research report on Thursday, September 29th. Wunderlich increased their price target on shares of Nautilus from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, September 28th. B. Riley reiterated a “buy” rating and issued a $23.00 price target on shares of Nautilus in a research report on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Nautilus from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Finally, Imperial Capital lowered shares of Nautilus from an “outperform” rating to an “in-line” rating and set a $26.00 price target on the stock. in a research report on Monday, September 19th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $24.86.
Shares of Nautilus (NYSE:NLS) opened at 21.46 on Tuesday. The stock has a market cap of $667.53 million, a price-to-earnings ratio of 23.56 and a beta of 2.18. Nautilus has a 12 month low of $15.36 and a 12 month high of $24.99. The firm has a 50-day moving average price of $23.07 and a 200-day moving average price of $20.07.
A number of hedge funds have recently made changes to their positions in the company. Henderson Group PLC purchased a new stake in shares of Nautilus during the second quarter worth about $8,685,000. BlackRock Institutional Trust Company N.A. increased its position in Nautilus by 31.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,074,507 shares of the company’s stock worth $20,759,000 after buying an additional 257,692 shares in the last quarter. Waddell & Reed Financial Inc. increased its position in Nautilus by 34.5% in the second quarter. Waddell & Reed Financial Inc. now owns 940,400 shares of the company’s stock worth $16,777,000 after buying an additional 241,200 shares in the last quarter. Emerald Acquisition Ltd. bought a new position in Nautilus during the second quarter worth $2,981,000. Finally, American Century Companies Inc. increased its position in Nautilus by 94.1% in the second quarter. American Century Companies Inc. now owns 339,399 shares of the company’s stock worth $6,055,000 after buying an additional 164,532 shares in the last quarter. Hedge funds and other institutional investors own 85.78% of the company’s stock.
In related news, Director Richard A. Horn sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $21.50, for a total transaction of $161,250.00. Following the sale, the director now owns 35,802 shares in the company, valued at $769,743. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Marvin G. Siegert sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, August 19th. The stock was sold at an average price of $21.28, for a total transaction of $148,960.00. The disclosure for this sale can be found here. Corporate insiders own 3.40% of the company’s stock.
Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. The Direct segment offers products directly to consumers through television advertising, catalogs and the Internet. The Retail segment offers its products through a network of independent retail companies with stores and Websites located in the United States and internationally.
Receive News & Ratings for Nautilus Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nautilus Inc. and related companies with MarketBeat.com's FREE daily email newsletter.