Zacks: Analysts Expect Nautilus, Inc. (NLS) to Announce $0.04 EPS

Wall Street analysts expect Nautilus, Inc. (NYSE:NLS) to post $0.04 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Nautilus’ earnings, with estimates ranging from $0.04 to $0.05. Nautilus reported earnings per share of $0.27 in the same quarter last year, which indicates a negative year over year growth rate of 85.2%. The company is scheduled to report its next earnings results after the market closes on Monday, February 25th.

According to Zacks, analysts expect that Nautilus will report full year earnings of $0.49 per share for the current year, with EPS estimates ranging from $0.49 to $0.50. For the next financial year, analysts forecast that the company will post earnings of $0.51 per share, with EPS estimates ranging from $0.39 to $0.66. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Nautilus.

NLS has been the subject of several recent research reports. B. Riley lowered Nautilus from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $21.00 to $10.00 in a research report on Friday, January 18th. DA Davidson downgraded Nautilus from a “buy” rating to a “neutral” rating in a report on Friday, January 18th. Imperial Capital reiterated an “in-line” rating and issued a $7.00 price objective (down from $12.00) on shares of Nautilus in a report on Friday, January 18th. SunTrust Banks reduced their price objective on Nautilus to $9.00 and set a “hold” rating for the company in a report on Friday, January 18th. Finally, Craig Hallum reduced their price objective on Nautilus from $20.00 to $12.00 and set a “buy” rating for the company in a report on Friday, January 18th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $11.00.

Nautilus stock traded up $0.24 on Wednesday, hitting $7.66. 6,845 shares of the stock traded hands, compared to its average volume of 757,230. The company has a current ratio of 1.93, a quick ratio of 1.35 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $221.02 million, a P/E ratio of 8.72, a P/E/G ratio of 1.45 and a beta of 0.81. Nautilus has a 1 year low of $6.77 and a 1 year high of $17.20.

In other Nautilus news, Director Anne Saunders sold 4,500 shares of the firm’s stock in a transaction dated Friday, November 30th. The stock was sold at an average price of $12.87, for a total value of $57,915.00. Following the transaction, the director now directly owns 11,120 shares of the company’s stock, valued at $143,114.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.50% of the company’s stock.

A number of large investors have recently made changes to their positions in NLS. Douglas Lane & Associates LLC purchased a new position in Nautilus in the fourth quarter worth about $121,000. Oregon Public Employees Retirement Fund bought a new position in shares of Nautilus during the 4th quarter valued at approximately $123,000. State Board of Administration of Florida Retirement System increased its position in shares of Nautilus by 19.4% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 14,636 shares of the specialty retailer’s stock valued at $160,000 after purchasing an additional 2,383 shares during the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Nautilus during the 3rd quarter valued at approximately $210,000. Finally, MetLife Investment Advisors LLC increased its position in shares of Nautilus by 50.5% during the 3rd quarter. MetLife Investment Advisors LLC now owns 24,575 shares of the specialty retailer’s stock valued at $343,000 after purchasing an additional 8,247 shares during the last quarter. 98.31% 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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