Zacks Investment Research lowered shares of Nautilus Group, Inc. (The) (NYSE:NLS) from a hold rating to a sell rating in a report published on Thursday morning.

According to Zacks, “Nautilus, Inc. helps people achieve a fit and healthy lifestyle through proper exercise, rest and nutrition. With a brand portfolio that includes Nautilus, Bowflex, SchwinnFitness, StairMaster and Trimline, Nautilus manufactures and markets a complete line of innovative health and fitness products through direct, commercial and retail channels. “

NLS has been the topic of a number of other research reports. B. Riley reissued a buy rating and set a $22.00 price target on shares of Nautilus Group, Inc. (The) in a research note on Tuesday, September 5th. Imperial Capital lowered Nautilus Group, Inc. (The) from an outperform rating to an in-line rating and reduced their price target for the stock from $20.00 to $14.00 in a research note on Tuesday. DA Davidson raised Nautilus Group, Inc. (The) from a neutral rating to a buy rating and increased their price target for the stock from $19.00 to $22.00 in a research note on Wednesday, August 9th. SunTrust Banks, Inc. lowered Nautilus Group, Inc. (The) from a buy rating to a hold rating and set a $16.00 price target on the stock. in a research note on Tuesday. Finally, Lake Street Capital lowered Nautilus Group, Inc. (The) from a buy rating to a hold rating and reduced their price target for the stock from $25.00 to $15.00 in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. Nautilus Group, Inc. (The) has a consensus rating of Hold and an average target price of $19.00.

Shares of Nautilus Group, Inc. (NLS) traded down $0.15 during trading on Thursday, hitting $12.85. The company’s stock had a trading volume of 572,257 shares, compared to its average volume of 442,714. The company has a market cap of $383.84 million, a PE ratio of 12.63, a price-to-earnings-growth ratio of 1.30 and a beta of 2.12. The company has a current ratio of 2.02, a quick ratio of 1.60 and a debt-to-equity ratio of 0.20.

Nautilus Group, Inc. (The) (NYSE:NLS) last issued its quarterly earnings results on Monday, October 30th. The specialty retailer reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Nautilus Group, Inc. (The) had a return on equity of 18.54% and a net margin of 7.28%. The company had revenue of $88.10 million for the quarter, compared to analyst estimates of $92.29 million. During the same quarter in the prior year, the company posted $0.16 EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. equities research analysts expect that Nautilus Group, Inc. will post 0.97 earnings per share for the current fiscal year.

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In other news, Director Richard A. Horn sold 7,500 shares of the company’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $16.70, for a total transaction of $125,250.00. Following the completion of the sale, the director now directly owns 41,626 shares in the company, valued at approximately $695,154.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 3.70% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its holdings in shares of Nautilus Group, Inc. (The) by 10.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 327,192 shares of the specialty retailer’s stock worth $5,971,000 after buying an additional 29,951 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in shares of Nautilus Group, Inc. (The) during the 2nd quarter worth $366,000. Royce & Associates LP increased its holdings in shares of Nautilus Group, Inc. (The) by 24.6% during the 2nd quarter. Royce & Associates LP now owns 1,759,049 shares of the specialty retailer’s stock worth $33,686,000 after buying an additional 347,736 shares during the last quarter. UBS Group AG increased its holdings in shares of Nautilus Group, Inc. (The) by 10.1% during the 1st quarter. UBS Group AG now owns 75,294 shares of the specialty retailer’s stock worth $1,374,000 after buying an additional 6,881 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Nautilus Group, Inc. (The) by 72.1% during the 1st quarter. Bank of America Corp DE now owns 46,829 shares of the specialty retailer’s stock worth $855,000 after buying an additional 19,623 shares during the last quarter. Institutional investors and hedge funds own 93.72% 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.

Analyst Recommendations for Nautilus Group, Inc. (The) (NYSE:NLS)

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