Nautilus Group, Inc. (The) (NLS) Announces Earnings Results, Beats Estimates By $0.03 EPS
Nautilus Group, Inc. (The) (NYSE:NLS) released its earnings results on Monday. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.03, Briefing.com reports. The firm had revenue of $88.10 million during the quarter, compared to analyst estimates of $92.29 million. Nautilus Group, Inc. (The) had a return on equity of 17.22% and a net margin of 7.25%. Nautilus Group, Inc. (The)’s revenue was up 9.0% compared to the same quarter last year. During the same period last year, the business posted $0.16 earnings per share.
Shares of Nautilus Group, Inc. (NYSE:NLS) opened at 16.30 on Tuesday. Nautilus Group, Inc. has a 52-week low of $14.27 and a 52-week high of $19.80. The firm has a market cap of $501.81 million, a PE ratio of 17.64 and a beta of 2.13. The stock’s 50 day moving average price is $16.87 and its 200-day moving average price is $17.56.
A number of research firms recently issued reports on NLS. Zacks Investment Research lowered Nautilus Group, Inc. (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. DA Davidson reiterated a “buy” rating and issued a $22.00 target price on shares of Nautilus Group, Inc. (The) in a report on Wednesday, August 16th. B. Riley reaffirmed a “buy” rating and set a $22.00 price target on shares of Nautilus Group, Inc. (The) in a report on Tuesday, September 5th. SunTrust Banks, Inc. downgraded Nautilus Group, Inc. (The) from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Aegis began coverage on Nautilus Group, Inc. (The) in a report on Monday, September 11th. They set a “buy” rating and a $21.00 price target for the company. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $22.33.
In other news, Director Richard A. Horn sold 7,500 shares of the stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $16.70, for a total transaction of $125,250.00. Following the transaction, the director now owns 41,626 shares of the company’s stock, valued at $695,154.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.70% of the company’s stock.
Nautilus Group, Inc. (The) 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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