Imperial Capital reaffirmed their in-line rating on shares of Nautilus (NYSE:NLS) in a research note released on Wednesday morning, MarketBeat reports. The firm currently has a $12.00 target price on the specialty retailer’s stock, down from their previous target price of $14.00. Imperial Capital also issued estimates for Nautilus’ Q1 2018 earnings at $0.22 EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.52 EPS, FY2018 earnings at $1.03 EPS and FY2019 earnings at $1.08 EPS.
A number of other analysts also recently commented on NLS. B. Riley reiterated a buy rating and issued a $19.75 price objective on shares of Nautilus in a report on Friday, November 17th. Zacks Investment Research upgraded shares of Nautilus from a sell rating to a hold rating in a report on Tuesday, January 9th. ValuEngine downgraded shares of Nautilus from a buy rating to a hold rating in a report on Friday, February 2nd. Finally, Lake Street Capital reiterated a hold rating and issued a $14.00 price objective (down previously from $15.00) on shares of Nautilus in a report on Tuesday, March 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. Nautilus has an average rating of Hold and a consensus price target of $16.68.
Nautilus (NYSE NLS) opened at $12.60 on Wednesday. Nautilus has a 1 year low of $11.30 and a 1 year high of $19.80. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.38 and a current ratio of 1.94. The firm has a market cap of $386.91, a PE ratio of 14.32, a P/E/G ratio of 1.25 and a beta of 1.61.
Nautilus announced that its board has approved a share buyback plan on Monday, March 5th that allows the company to repurchase $15.00 million in shares. This repurchase authorization allows the specialty retailer to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.
In other news, VP Jeffery Lynn Collins sold 2,335 shares of the stock in a transaction that occurred on Thursday, March 8th. The shares were 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 owns 3,432 shares of the company’s stock, valued at approximately $44,616. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Bruce M. Cazenave sold 10,700 shares of the stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $12.65, for a total transaction of $135,355.00. Following the completion of the sale, the chief executive officer now directly owns 372,876 shares of the company’s stock, valued at approximately $4,716,881.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,435 shares of company stock valued at $440,700. 3.70% of the stock is owned by insiders.
Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Nautilus by 1.2% in the 4th quarter. BlackRock Inc. now owns 3,874,812 shares of the specialty retailer’s stock valued at $51,728,000 after buying an additional 46,615 shares during the period. Royce & Associates LP grew its stake in shares of Nautilus by 11.3% in the 3rd quarter. Royce & Associates LP now owns 1,958,049 shares of the specialty retailer’s stock valued at $33,091,000 after buying an additional 199,000 shares during the period. Cooke & Bieler LP grew 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 valued at $23,785,000 after buying an additional 539,291 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Nautilus by 1.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,770,938 shares of the specialty retailer’s stock valued at $29,929,000 after buying an additional 30,758 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Nautilus by 4.5% in the 2nd quarter. Vanguard Group Inc. now owns 1,704,129 shares of the specialty retailer’s stock valued at $32,634,000 after buying an additional 74,149 shares during the period. 83.15% of the stock is owned by institutional investors and hedge funds.
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Nautilus 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.
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