Nautilus, Inc. (NYSE:NLS) shares traded down 0.6% during mid-day trading on Tuesday . The stock traded as low as $3.21 and last traded at $3.22. 9,285 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 487,626 shares. The stock had previously closed at $3.24.

Several research analysts recently issued reports on the stock. Imperial Capital reiterated an “in-line” rating and issued a $4.50 target price (down from $6.00) on shares of Nautilus in a research report on Wednesday, May 8th. Lake Street Capital cut their target price on shares of Nautilus from $8.00 to $5.00 and set a “hold” rating for the company in a research report on Tuesday, May 7th. Zacks Investment Research lowered shares of Nautilus from a “hold” rating to a “sell” rating in a research report on Tuesday, February 12th. DA Davidson cut their target price on shares of Nautilus to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, May 7th. Finally, ValuEngine upgraded shares of Nautilus from a “strong sell” rating to a “sell” rating in a research report on Monday, April 1st. One analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. Nautilus currently has an average rating of “Hold” and a consensus price target 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 stock has a market cap of $102.36 million, a PE ratio of 6.46 and a beta of 0.72.

Nautilus (NYSE:NLS) last posted its quarterly earnings results on Monday, May 6th. The specialty retailer reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.26). Nautilus had a negative net margin of 0.54% and a negative return on equity of 0.83%. The business had revenue of $84.40 million for the quarter, compared to analysts’ expectations of $92.41 million. During the same quarter in the previous year, the company earned $0.27 earnings per share. The business’s quarterly revenue was down 26.5% on a year-over-year basis. Analysts forecast that Nautilus, Inc. will post -0.23 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA raised its stake in shares of Nautilus by 4,407.3% during the first quarter. BNP Paribas Arbitrage SA now owns 6,175 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 6,038 shares during the last quarter. Quantamental Technologies LLC raised its stake in shares of Nautilus by 851.4% during the first quarter. Quantamental Technologies LLC now owns 6,641 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 5,943 shares during the last quarter. Municipal Employees Retirement System of Michigan bought a new position in shares of Nautilus during the fourth quarter valued at about $93,000. SG Americas Securities LLC bought a new position in shares of Nautilus during the first quarter valued at about $56,000. Finally, Metropolitan Life Insurance Co. NY raised its stake in shares of Nautilus by 361.9% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,526 shares of the specialty retailer’s stock valued at $115,000 after acquiring an additional 8,247 shares during the last quarter. Institutional investors and hedge funds own 96.55% of the company’s stock.

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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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