Sidoti lowered shares of Nautilus (NYSE:NLS) from a buy rating to a neutral rating in a report released on Friday, January 18th, MarketBeat reports. Sidoti currently has $9.00 target price on the specialty retailer’s stock, down from their previous target price of $19.00.
Other equities analysts have also recently issued research reports about the stock. Imperial Capital cut their target price on shares of Nautilus to $12.00 and set an in-line rating for the company in a research report on Tuesday, October 30th. ValuEngine upgraded shares of Nautilus from a sell rating to a hold rating in a research report on Wednesday, November 21st. DA Davidson cut shares of Nautilus from a buy rating to a neutral rating in a research report on Friday, January 18th. Craig Hallum cut their target price on shares of Nautilus from $20.00 to $12.00 and set a buy rating for the company in a research report on Friday, January 18th. Finally, B. Riley cut shares of Nautilus from a buy rating to a neutral rating and cut their target price for the stock from $21.00 to $10.00 in a research 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 issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of $11.00.
Shares of NYSE NLS traded up $0.26 during midday trading on Friday, hitting $7.68. The company had a trading volume of 236,973 shares, compared to its average volume of 589,213. The company has a quick ratio of 1.35, a current ratio of 1.93 and a debt-to-equity ratio of 0.11. Nautilus has a twelve month low of $6.77 and a twelve month high of $17.20. The stock has a market capitalization of $221.02 million, a price-to-earnings ratio of 8.73, a price-to-earnings-growth ratio of 1.45 and a beta of 0.81.
In other news, Director Anne Saunders sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $12.87, for a total value of $57,915.00. Following the completion of the transaction, the director now owns 11,120 shares of the company’s stock, valued at $143,114.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 3.50% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in NLS. LSV Asset Management grew its holdings in Nautilus by 87.8% in the fourth quarter. LSV Asset Management now owns 1,487,986 shares of the specialty retailer’s stock valued at $16,219,000 after purchasing an additional 695,586 shares during the period. BlackRock Inc. grew its holdings in Nautilus by 6.9% in the second quarter. BlackRock Inc. now owns 4,254,670 shares of the specialty retailer’s stock valued at $66,797,000 after purchasing an additional 274,342 shares during the period. RK Capital Management LLC purchased a new stake in Nautilus in the third quarter valued at approximately $2,819,000. Cadence Capital Management LLC purchased a new stake in Nautilus in the third quarter valued at approximately $2,450,000. Finally, Putnam Investments LLC purchased a new stake in Nautilus in the third quarter valued at approximately $2,236,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.
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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