Zacks Investment Research upgraded shares of Nautilus (NYSE:NLS) from a sell rating to a hold rating in a research note issued to investors on Tuesday.

According to Zacks, “Nautilus, Inc. is an iconic industry leader with a rich history and reputation for building the best cardio and strength equipment for home use. Known for its family of brands that included Bowflex, Nautilus, Octane Fitness, Schwinn, and Universal, the company develops, manufacturers and markets branded products that include home gyms, free weight equipment, treadmills, indoor cycling equipment, ellipticals, and fitness accessories. “

Other analysts have also issued research reports about the company. B. Riley set a $20.00 price objective on Nautilus and gave the stock a buy rating in a research report on Tuesday, October 31st. Aegis initiated coverage on Nautilus in a research report on Monday, September 11th. They set a buy rating and a $21.00 price objective on the stock. TheStreet lowered Nautilus from a b rating to a c+ rating in a research report on Thursday, November 2nd. Lake Street Capital lowered Nautilus from a buy rating to a hold rating and cut their price objective for the stock from $25.00 to $15.00 in a research report on Tuesday, October 31st. Finally, SunTrust Banks lowered Nautilus from a buy rating to a hold rating and set a $16.00 price objective on the stock. in a research report on Tuesday, October 31st. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $18.96.

Shares of Nautilus (NLS) traded up $0.20 during midday trading on Tuesday, reaching $13.25. The company’s stock had a trading volume of 612,194 shares, compared to its average volume of 373,809. Nautilus has a 52 week low of $12.25 and a 52 week high of $19.80. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $400.73, a price-to-earnings ratio of 13.95, a price-to-earnings-growth ratio of 1.26 and a beta of 2.13.

Nautilus (NYSE:NLS) last posted its quarterly earnings data 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 had a return on equity of 18.54% and a net margin of 7.28%. The business 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 earned $0.16 earnings per share. The company’s revenue was up 9.0% on a year-over-year basis. analysts predict that Nautilus will post 0.92 EPS for the current fiscal year.

In related news, CEO Bruce M. Cazenave sold 10,700 shares of the business’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $13.71, for a total transaction of $146,697.00. Following the completion of the transaction, the chief executive officer now owns 372,876 shares in the company, valued at $5,112,129.96. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Wayne M. Bolio sold 16,190 shares of the business’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $12.84, for a total transaction of $207,879.60. Following the transaction, the senior vice president now owns 60,189 shares of the company’s stock, valued at approximately $772,826.76. The disclosure for this sale can be found here. Insiders have sold 47,940 shares of company stock worth $622,663 in the last ninety days. Corporate insiders own 3.70% of the company’s stock.

Several hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company grew its stake in shares of Nautilus by 1.3% during the second quarter. The Manufacturers Life Insurance Company now owns 24,450 shares of the specialty retailer’s stock worth $468,000 after purchasing an additional 310 shares in the last quarter. TIAA CREF Investment Management LLC grew its stake in shares of Nautilus by 1.3% during the second quarter. TIAA CREF Investment Management LLC now owns 83,721 shares of the specialty retailer’s stock worth $1,603,000 after purchasing an additional 1,099 shares in the last quarter. Thrivent Financial For Lutherans grew its stake in shares of Nautilus by 0.5% during the second quarter. Thrivent Financial For Lutherans now owns 217,180 shares of the specialty retailer’s stock worth $4,159,000 after purchasing an additional 1,150 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of Nautilus by 1.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 141,514 shares of the specialty retailer’s stock worth $2,710,000 after purchasing an additional 1,457 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its stake in shares of Nautilus by 36.8% during the second quarter. BNP Paribas Arbitrage SA now owns 12,553 shares of the specialty retailer’s stock worth $240,000 after purchasing an additional 3,379 shares in the last quarter. Hedge funds and other institutional investors own 97.86% of the company’s stock.

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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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