Nautilus (NLS) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

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Nautilus (NYSE:NLS) issued its quarterly earnings data on Monday. The specialty retailer reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02), MarketWatch Earnings reports. The company had revenue of $91.10 million for the quarter, compared to analysts’ expectations of $94.12 million. Nautilus had a return on equity of 14.23% and a net margin of 6.32%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.27 EPS.

NLS stock opened at $13.04 on Tuesday. Nautilus has a 12 month low of $11.30 and a 12 month high of $17.20. The firm has a market capitalization of $383.24 million, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 1.21 and a beta of 1.08. The company has a quick ratio of 1.63, a current ratio of 2.19 and a debt-to-equity ratio of 0.13.

Several analysts have recently weighed in on the stock. TheStreet downgraded shares of Nautilus from a “b-” rating to a “c+” rating in a research report on Thursday, July 19th. B. Riley boosted their price objective on shares of Nautilus from $18.00 to $19.50 and gave the stock a “buy” rating in a research report on Tuesday, July 24th. Zacks Investment Research downgraded shares of Nautilus from a “hold” rating to a “sell” rating in a research report on Wednesday, July 18th. Finally, Lake Street Capital upgraded shares of Nautilus from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $16.00 to $17.00 in a research report on Tuesday, July 31st. Two analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $16.86.

In related news, CEO Bruce M. Cazenave sold 10,700 shares of the company’s stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $14.81, for a total value of $158,467.00. Following the completion of the sale, the chief executive officer now owns 389,044 shares in the company, valued at approximately $5,761,741.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Bruce M. Cazenave sold 16,600 shares of the company’s stock in a transaction on Tuesday, September 25th. The shares were sold at an average price of $14.01, for a total transaction of $232,566.00. Following the completion of the sale, the chief executive officer now owns 382,094 shares of the company’s stock, valued at approximately $5,353,136.94. The disclosure for this sale can be found here. 3.50% of the stock is owned by corporate insiders.

Nautilus Company Profile

Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.

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Earnings History for Nautilus (NYSE:NLS)

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