Q2 2023 EPS Estimates for Nautilus, Inc. Lowered by William Blair (NYSE:NLS)

Nautilus, Inc. (NYSE:NLSGet Rating) – Equities researchers at William Blair dropped their Q2 2023 EPS estimates for shares of Nautilus in a note issued to investors on Tuesday, August 2nd. William Blair analyst S. Zackfia now expects that the specialty retailer will post earnings per share of ($0.52) for the quarter, down from their prior forecast of ($0.51). The consensus estimate for Nautilus’ current full-year earnings is ($1.36) per share. William Blair also issued estimates for Nautilus’ Q3 2023 earnings at ($0.02) EPS, Q4 2023 earnings at ($0.12) EPS and FY2023 earnings at ($1.39) EPS.

Other equities research analysts have also recently issued research reports about the stock. StockNews.com cut shares of Nautilus from a “hold” rating to a “sell” rating in a research note on Wednesday, May 25th. Roth Capital reissued a “neutral” rating on shares of Nautilus in a research note on Tuesday, May 24th. Truist Financial dropped their price target on shares of Nautilus from $15.00 to $5.00 and set a “buy” rating on the stock in a research note on Tuesday, May 24th. Craig Hallum cut shares of Nautilus from a “buy” rating to a “hold” rating and dropped their price target for the company from $9.00 to $2.00 in a research note on Tuesday, May 24th. Finally, Lake Street Capital dropped their price target on shares of Nautilus from $14.00 to $5.00 and set a “buy” rating on the stock in a research note on Tuesday, May 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $6.13.

Nautilus Price Performance

Shares of NYSE NLS opened at $2.05 on Friday. The firm’s 50 day simple moving average is $2.00 and its 200-day simple moving average is $3.35. Nautilus has a 12 month low of $1.64 and a 12 month high of $14.82. The stock has a market capitalization of $64.51 million, a price-to-earnings ratio of -2.81 and a beta of 1.68. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.18 and a quick ratio of 1.01.

Nautilus (NYSE:NLSGet Rating) last issued its quarterly earnings data on Monday, May 23rd. The specialty retailer reported ($0.56) EPS for the quarter, topping analysts’ consensus estimates of ($0.61) by $0.05. The business had revenue of $119.72 million for the quarter, compared to analysts’ expectations of $121.40 million. Nautilus had a negative net margin of 3.80% and a negative return on equity of 8.78%.

Insider Buying and Selling at Nautilus

In other news, VP Jeffery Lynn Collins acquired 20,000 shares of the firm’s stock in a transaction on Monday, June 6th. The shares were bought at an average price of $2.15 per share, for a total transaction of $43,000.00. Following the acquisition, the vice president now owns 40,387 shares of the company’s stock, valued at approximately $86,832.05. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Pine Haven Investment Counsel Inc purchased a new position in shares of Nautilus during the 1st quarter worth $41,000. Avidian Wealth Solutions LLC purchased a new position in shares of Nautilus during the 1st quarter worth $53,000. Avaii Wealth Management LLC purchased a new stake in Nautilus in the 1st quarter valued at about $61,000. PDT Partners LLC purchased a new stake in Nautilus in the 4th quarter valued at about $66,000. Finally, Private Advisor Group LLC raised its holdings in Nautilus by 48.0% in the 2nd quarter. Private Advisor Group LLC now owns 39,305 shares of the specialty retailer’s stock valued at $69,000 after buying an additional 12,750 shares during the period. Hedge funds and other institutional investors own 59.04% of the company’s stock.

Nautilus Company Profile

(Get Rating)

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, Europe, the Middle East, Africa, and internationally. The company operates in two segments, Direct and Retail.

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Earnings History and Estimates for Nautilus (NYSE:NLS)

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