Nautilus Group, Inc. (The) Forecasted to Post Q3 2017 Earnings of $0.22 Per Share (NLS)

Nautilus Group, Inc. (The) (NYSE:NLS) – DA Davidson decreased their Q3 2017 earnings per share (EPS) estimates for shares of Nautilus Group, Inc. (The) in a report released on Tuesday. DA Davidson analyst A. Burns now anticipates that the specialty retailer will post earnings of $0.22 per share for the quarter, down from their prior forecast of $0.23. DA Davidson also issued estimates for Nautilus Group, Inc. (The)’s Q4 2017 earnings at $0.55 EPS.

Nautilus Group, Inc. (The) (NYSE:NLS) last announced its earnings results on Monday, July 31st. The specialty retailer reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $77 million for the quarter, compared to the consensus estimate of $77.71 million. Nautilus Group, Inc. (The) had a net margin of 7.25% and a return on equity of 17.45%. Nautilus Group, Inc. (The)’s revenue was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.12 EPS. ILLEGAL ACTIVITY WARNING: “Nautilus Group, Inc. (The) Forecasted to Post Q3 2017 Earnings of $0.22 Per Share (NLS)” was first posted by Rincon Hill News and is the property of of Rincon Hill News. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://rinconhillneighbors.org/2017/08/13/nautilus-group-inc-the-forecasted-to-post-q3-2017-earnings-of-0-22-per-share-nls-updated.html.

NLS has been the subject of a number of other research reports. Zacks Investment Research cut Nautilus Group, Inc. (The) from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 26th. Imperial Capital boosted their price objective on Nautilus Group, Inc. (The) from $20.00 to $21.00 and gave the company an “outperform” rating in a report on Wednesday, May 3rd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Nautilus Group, Inc. (The) currently has an average rating of “Buy” and an average price target of $21.75.

Nautilus Group, Inc. (NYSE:NLS) opened at 16.50 on Wednesday. The company’s 50 day moving average price is $18.12 and its 200-day moving average price is $17.60. Nautilus Group, Inc. has a one year low of $14.27 and a one year high of $24.99. The company has a market cap of $506.73 million, a P/E ratio of 17.37 and a beta of 2.06.

A number of large investors have recently modified their holdings of the stock. Loomis Sayles & Co. L P purchased a new position in shares of Nautilus Group, Inc. (The) during the first quarter worth about $11,745,000. Royce & Associates LP boosted its position in shares of Nautilus Group, Inc. (The) by 75.3% in the first quarter. Royce & Associates LP now owns 1,411,313 shares of the specialty retailer’s stock worth $25,756,000 after buying an additional 606,300 shares in the last quarter. Kennedy Capital Management Inc. boosted its position in shares of Nautilus Group, Inc. (The) by 108.8% in the first quarter. Kennedy Capital Management Inc. now owns 919,618 shares of the specialty retailer’s stock worth $16,783,000 after buying an additional 479,178 shares in the last quarter. Northpointe Capital LLC boosted its position in shares of Nautilus Group, Inc. (The) by 38.8% in the first quarter. Northpointe Capital LLC now owns 1,047,589 shares of the specialty retailer’s stock worth $19,118,000 after buying an additional 292,696 shares in the last quarter. Finally, Cooke & Bieler LP purchased a new position in shares of Nautilus Group, Inc. (The) during the first quarter worth about $4,007,000. 98.28% of the stock is owned by institutional investors and hedge funds.

In other Nautilus Group, Inc. (The) news, SVP Wayne M. Bolio sold 46,500 shares of Nautilus Group, Inc. (The) stock in a transaction on Friday, May 5th. The stock was sold at an average price of $19.00, for a total transaction of $883,500.00. Following the completion of the sale, the senior vice president now directly owns 75,490 shares of the company’s stock, valued at approximately $1,434,310. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Anne Saunders sold 5,000 shares of Nautilus Group, Inc. (The) stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $18.65, for a total value of $93,250.00. Following the sale, the director now directly owns 16,626 shares of the company’s stock, valued at $310,074.90. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 91,550 shares of company stock valued at $1,720,066. 3.70% of the stock is currently owned by corporate insiders.

Nautilus Group, Inc. (The) declared that its Board of Directors has initiated a share buyback plan on Monday, May 1st that permits the company to buyback $15.00 million in shares. This buyback authorization permits the specialty retailer to reacquire up to 2.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

About Nautilus Group, Inc. (The)

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.

Earnings History and Estimates for Nautilus Group, Inc. (The) (NYSE:NLS)

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