Nautilus (NYSE:NLS) released its earnings results on Sunday. The specialty retailer reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.21, MarketWatch Earnings reports. The business had revenue of $189.30 million for the quarter, compared to the consensus estimate of $191.73 million. Nautilus had a net margin of 7.36% and a return on equity of 51.32%. The firm’s revenue for the quarter was up 81.7% on a year-over-year basis.
Shares of NLS stock traded down $6.17 during trading on Tuesday, hitting $20.54. 8,633,361 shares of the company were exchanged, compared to its average volume of 2,109,249. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.58 and a current ratio of 1.86. The firm has a market capitalization of $621.52 million, a price-to-earnings ratio of 19.76 and a beta of 1.72. The business’s 50-day simple moving average is $23.93 and its 200 day simple moving average is $19.76. Nautilus has a twelve month low of $1.20 and a twelve month high of $31.38.
Several research firms have recently weighed in on NLS. Craig Hallum lifted their target price on shares of Nautilus from $22.00 to $28.00 and gave the stock a “buy” rating in a research report on Tuesday, November 10th. Lake Street Capital lifted their target price on shares of Nautilus from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, November 10th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $22.07.
In other Nautilus news, Director Anne Saunders sold 4,000 shares of Nautilus stock in a transaction that occurred on Tuesday, December 15th. The shares were sold at an average price of $17.72, for a total value of $70,880.00. Following the completion of the sale, the director now directly owns 38,502 shares in the company, valued at $682,255.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Jay Mcgregor sold 4,926 shares of Nautilus stock in a transaction that occurred on Wednesday, December 2nd. The shares were sold at an average price of $19.88, for a total transaction of $97,928.88. The disclosure for this sale can be found here. Company insiders own 1.90% of the company’s stock.
Nautilus, Inc, a fitness solutions company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, strength products, home gyms, dumbbells, and kettlebells primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands, as well as fitness digital platform under the JRNY brand.
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