Shares of Nautilus, Inc. (NYSE:NLS) traded down 0.6% during mid-day trading on Tuesday . The company traded as low as $3.21 and last traded at $3.22. 9,285 shares were traded during trading, a decline of 98% from the average session volume of 487,626 shares. The stock had previously closed at $3.24.
A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Nautilus from a “hold” rating to a “sell” rating in a report on Saturday, January 26th. ValuEngine raised shares of Nautilus from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th. TheStreet downgraded shares of Nautilus from a “c” rating to a “d+” rating in a report on Tuesday, February 26th. Lake Street Capital dropped their price objective on shares of Nautilus from $8.00 to $5.00 and set a “hold” rating on the stock in a report on Tuesday, May 7th. Finally, Craig Hallum downgraded shares of Nautilus from a “buy” rating to a “hold” rating and set a $10.00 price objective on the stock. in a report on Tuesday, February 26th. One equities research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. Nautilus has an average rating of “Hold” and an average target price of $7.81.
The company has a current ratio of 2.22, a quick ratio of 1.09 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $94.06 million, a PE ratio of 6.20 and a beta of 0.72.
Nautilus (NYSE:NLS) last posted its quarterly earnings data on Monday, May 6th. The specialty retailer reported ($0.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.26). The business had revenue of $84.40 million during the quarter, compared to analysts’ expectations of $92.41 million. Nautilus had a negative return on equity of 0.83% and a negative net margin of 0.54%. The business’s quarterly revenue was down 26.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 EPS. On average, analysts anticipate that Nautilus, Inc. will post -0.23 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently bought and sold shares of NLS. BNP Paribas Arbitrage SA raised its stake in Nautilus by 4,407.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 6,175 shares of the specialty retailer’s stock worth $34,000 after acquiring an additional 6,038 shares during the period. Quantamental Technologies LLC raised its stake in Nautilus by 851.4% during the 1st quarter. Quantamental Technologies LLC now owns 6,641 shares of the specialty retailer’s stock worth $37,000 after acquiring an additional 5,943 shares during the period. SG Americas Securities LLC bought a new stake in Nautilus during the 1st quarter worth approximately $56,000. Municipal Employees Retirement System of Michigan bought a new stake in Nautilus during the 4th quarter worth approximately $93,000. Finally, Magnus Financial Group LLC bought a new stake in Nautilus during the 1st quarter worth approximately $97,000. 92.56% of the stock is currently owned by institutional investors.
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Nautilus Company Profile (NYSE:NLS)
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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