Nautilus, Inc. (NYSE:NLS) – SunTrust Banks increased their Q2 2020 EPS estimates for shares of Nautilus in a report released on Tuesday, July 7th. SunTrust Banks analyst M. Swartz now anticipates that the specialty retailer will post earnings per share of ($0.11) for the quarter, up from their previous forecast of ($0.17). SunTrust Banks has a “Buy” rating and a $12.00 price target on the stock. SunTrust Banks also issued estimates for Nautilus’ Q3 2020 earnings at ($0.06) EPS, FY2020 earnings at $0.05 EPS, Q1 2021 earnings at $0.04 EPS, Q2 2021 earnings at ($0.18) EPS, Q3 2021 earnings at ($0.11) EPS and FY2021 earnings at ($0.02) EPS.

Nautilus (NYSE:NLS) last announced its quarterly earnings results on Tuesday, May 5th. The specialty retailer reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.16. The company had revenue of $93.72 million for the quarter, compared to analyst estimates of $93.70 million. Nautilus had a negative net margin of 26.33% and a negative return on equity of 11.62%.

Several other equities analysts have also commented on NLS. Roth Capital assumed coverage on shares of Nautilus in a research note on Thursday, March 26th. They issued a “buy” rating and a $3.00 price target on the stock. ValuEngine lowered shares of Nautilus from a “buy” rating to a “hold” rating in a research report on Monday, June 8th. Craig Hallum upped their price target on shares of Nautilus from $8.00 to $13.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Lake Street Capital raised their price objective on shares of Nautilus from $7.00 to $9.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Nautilus presently has an average rating of “Buy” and an average target price of $7.08.

Shares of Nautilus stock opened at $10.39 on Thursday. The firm has a market capitalization of $311.02 million, a P/E ratio of -3.67 and a beta of 2.42. Nautilus has a 52 week low of $1.20 and a 52 week high of $11.11. The company has a quick ratio of 1.49, a current ratio of 2.16 and a debt-to-equity ratio of 0.48. The firm’s 50 day moving average is $7.66 and its two-hundred day moving average is $4.47.

In other news, SVP Wayne M. Bolio sold 40,063 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $6.13, for a total value of $245,586.19. Following the completion of the sale, the senior vice president now directly owns 40,155 shares of the company’s stock, valued at $246,150.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.90% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in NLS. Manatuck Hill Partners LLC purchased a new stake in shares of Nautilus in the fourth quarter valued at about $919,000. Skylands Capital LLC raised its holdings in Nautilus by 46.7% during the first quarter. Skylands Capital LLC now owns 866,079 shares of the specialty retailer’s stock worth $2,260,000 after purchasing an additional 275,665 shares in the last quarter. Deutsche Bank AG raised its holdings in Nautilus by 59.9% during the first quarter. Deutsche Bank AG now owns 372,581 shares of the specialty retailer’s stock worth $973,000 after purchasing an additional 139,529 shares in the last quarter. Invesco Ltd. raised its holdings in Nautilus by 162.6% during the first quarter. Invesco Ltd. now owns 201,272 shares of the specialty retailer’s stock worth $525,000 after purchasing an additional 124,621 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Nautilus by 16.4% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 679,337 shares of the specialty retailer’s stock worth $1,189,000 after purchasing an additional 95,677 shares in the last quarter. 43.55% of the stock is owned by institutional investors and hedge funds.

About Nautilus

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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Earnings History and Estimates for Nautilus (NYSE:NLS)

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