Brokers Set Expectations for Nautilus, Inc.’s FY2018 Earnings (NLS)

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Nautilus, Inc. (NYSE:NLS) – DA Davidson decreased their FY2018 EPS estimates for Nautilus in a report issued on Tuesday, October 30th. DA Davidson analyst M. Kawamoto now anticipates that the specialty retailer will post earnings per share of $1.04 for the year, down from their prior forecast of $1.08. DA Davidson also issued estimates for Nautilus’ Q4 2018 earnings at $0.60 EPS, Q1 2019 earnings at $0.31 EPS, Q2 2019 earnings at $0.04 EPS, Q3 2019 earnings at $0.20 EPS, Q4 2019 earnings at $0.63 EPS and FY2019 earnings at $1.17 EPS.

Nautilus (NYSE:NLS) last posted its quarterly earnings data on Monday, October 29th. The specialty retailer reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.02). Nautilus had a return on equity of 12.00% and a net margin of 5.31%. The firm had revenue of $91.10 million during the quarter, compared to analyst estimates of $94.12 million. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis.

Other equities research analysts have also recently issued reports about the company. B. Riley lifted their price objective on Nautilus from $19.50 to $21.00 and gave the stock a “buy” rating in a report on Friday, August 24th. Lake Street Capital upgraded Nautilus from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $16.00 to $17.00 in a report on Tuesday, July 31st. TheStreet cut Nautilus from a “b-” rating to a “c+” rating in a report on Thursday, July 19th. Zacks Investment Research upgraded Nautilus from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th. Finally, Imperial Capital lowered their price objective on Nautilus to $12.00 and set an “in-line” rating on the stock in a report on Tuesday. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $16.50.

NLS stock opened at $12.23 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.63 and a current ratio of 2.19. Nautilus has a 12-month low of $10.82 and a 12-month high of $17.20. The stock has a market capitalization of $383.24 million, a P/E ratio of 13.90, a PEG ratio of 1.24 and a beta of 1.08.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Piedmont Investment Advisors LLC purchased a new position in Nautilus in the 2nd quarter worth approximately $111,000. SG Americas Securities LLC purchased a new position in Nautilus in the 2nd quarter worth approximately $120,000. Aperio Group LLC purchased a new stake in shares of Nautilus during the 2nd quarter valued at approximately $178,000. Bank of Montreal Can raised its position in shares of Nautilus by 1,797.3% during the 2nd quarter. Bank of Montreal Can now owns 11,403 shares of the specialty retailer’s stock valued at $178,000 after buying an additional 10,802 shares during the period. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of Nautilus during the 2nd quarter valued at approximately $181,000. 92.23% of the stock is currently owned by institutional investors and hedge funds.

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 and Estimates for Nautilus (NYSE:NLS)

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