Brokerages Set Nautilus, Inc. (NYSE:NLS) Price Target at $13.13

Shares of Nautilus, Inc. (NYSE:NLSGet Rating) have earned an average recommendation of “Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $13.13.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded Nautilus from a “sell” rating to a “hold” rating in a report on Wednesday, January 12th. Craig Hallum upgraded Nautilus from a “hold” rating to a “buy” rating and dropped their price objective for the company from $10.00 to $9.00 in a report on Thursday, February 10th. Finally, StockNews.com initiated coverage on Nautilus in a research note on Thursday, March 31st. They issued a “hold” rating for the company.

NLS stock opened at $3.01 on Wednesday. The company has a market cap of $94.06 million, a P/E ratio of 3.86 and a beta of 1.64. Nautilus has a twelve month low of $2.88 and a twelve month high of $18.59. The company has a quick ratio of 1.32, a current ratio of 2.59 and a debt-to-equity ratio of 0.30. The business has a fifty day moving average of $4.11 and a 200-day moving average of $6.04.

Nautilus (NYSE:NLSGet Rating) last released its earnings results on Wednesday, February 9th. The specialty retailer reported ($0.43) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.04. The company had revenue of $147.26 million during the quarter, compared to the consensus estimate of $152.83 million. Nautilus had a return on equity of 17.04% and a net margin of 3.87%. As a group, equities research analysts anticipate that Nautilus will post -0.56 earnings per share for the current fiscal year.

In other Nautilus news, insider Sarah Anne Jones sold 8,800 shares of the business’s stock in a transaction dated Wednesday, February 23rd. The stock was sold at an average price of $4.79, for a total value of $42,152.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.50% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC acquired a new position in Nautilus during the first quarter valued at approximately $189,000. Strs Ohio raised its stake in Nautilus by 38.9% in the first quarter. Strs Ohio now owns 95,300 shares of the specialty retailer’s stock valued at $392,000 after buying an additional 26,700 shares during the period. Avaii Wealth Management LLC bought a new stake in Nautilus in the first quarter valued at approximately $61,000. North Growth Management Ltd. raised its stake in Nautilus by 0.3% in the first quarter. North Growth Management Ltd. now owns 1,125,000 shares of the specialty retailer’s stock valued at $4,635,000 after buying an additional 3,000 shares during the period. Finally, Clay Northam Wealth Management LLC bought a new stake in Nautilus in the fourth quarter valued at approximately $107,000. 59.03% of the stock is owned by hedge funds and other institutional investors.

About Nautilus (Get Rating)

Nautilus, Inc, a fitness solutions 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, home gyms, dumbbells, barbells, and kettlebells primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands, as well as fitness digital platform under the JRNY brand.

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