Q3 2017 EPS Estimates for Nautilus Group, Inc. (The) Cut by Analyst (NYSE:NLS)

Nautilus Group, Inc. (The) (NYSE:NLS) – Investment analysts at SunTrust Banks dropped their Q3 2017 EPS estimates for shares of Nautilus Group, Inc. (The) in a report released on Monday. SunTrust Banks analyst M. Swartz now forecasts that the specialty retailer will post earnings per share of $0.22 for the quarter, down from their previous estimate of $0.23.

Other equities analysts have also recently issued reports about the company. Zacks Investment Research cut Nautilus Group, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Saturday, May 13th. Imperial Capital raised their price objective on Nautilus Group, Inc. (The) from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Wednesday, May 3rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $21.75.

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Nautilus Group, Inc. (NYSE NLS) opened at 16.50 on Wednesday. Nautilus Group, Inc. has a one year low of $14.27 and a one year high of $24.99. The firm has a market cap of $506.73 million, a PE ratio of 17.37 and a beta of 2.06. The stock has a 50 day moving average price of $18.12 and a 200 day moving average price of $17.60.

Nautilus Group, Inc. (The) (NYSE:NLS) last issued its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.01. The company had revenue of $77 million during the quarter, compared to analyst estimates of $77.71 million. Nautilus Group, Inc. (The) had a net margin of 7.25% and a return on equity of 17.45%. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period last year, the firm earned $0.12 EPS.

Several large investors have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. boosted its stake in Nautilus Group, Inc. (The) by 1.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 141,514 shares of the specialty retailer’s stock worth $2,710,000 after buying an additional 1,457 shares during the last quarter. HL Financial Services LLC boosted its stake in Nautilus Group, Inc. (The) by 7.7% in the second quarter. HL Financial Services LLC now owns 114,471 shares of the specialty retailer’s stock worth $2,192,000 after buying an additional 8,209 shares during the last quarter. TD Asset Management Inc. boosted its stake in Nautilus Group, Inc. (The) by 22.0% in the second quarter. TD Asset Management Inc. now owns 16,100 shares of the specialty retailer’s stock worth $308,000 after buying an additional 2,900 shares during the last quarter. Essex Investment Management Co. LLC boosted its stake in Nautilus Group, Inc. (The) by 27.2% in the second quarter. Essex Investment Management Co. LLC now owns 99,312 shares of the specialty retailer’s stock worth $1,902,000 after buying an additional 21,216 shares during the last quarter. Finally, Texas Permanent School Fund boosted its stake in Nautilus Group, Inc. (The) by 0.9% in the second quarter. Texas Permanent School Fund now owns 22,423 shares of the specialty retailer’s stock worth $429,000 after buying an additional 195 shares during the last quarter. Institutional investors own 98.28% of the company’s stock.

In other Nautilus Group, Inc. (The) news, Director Anne Saunders sold 5,000 shares of the firm’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $18.65, for a total transaction of $93,250.00. Following the transaction, the director now directly owns 16,626 shares in the company, valued at approximately $310,074.90. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO William B. Mcmahon sold 30,000 shares of the firm’s stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $18.52, for a total value of $555,600.00. Following the transaction, the chief operating officer now owns 121,644 shares in the company, valued at $2,252,846.88. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 91,550 shares of company stock worth $1,720,066. Company insiders own 3.70% of the company’s stock.

Nautilus Group, Inc. (The) announced that its board has approved a share buyback program on Monday, May 1st that allows the company to buyback $15.00 million in outstanding shares. This buyback authorization allows the specialty retailer to purchase up to 2.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Nautilus Group, Inc. (The) Company Profile

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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