Nautilus (NYSE:NLS) released its quarterly earnings results on Monday, March 5th. The specialty retailer reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.04), Bloomberg Earnings reports. The business had revenue of $127.80 million for the quarter, compared to the consensus estimate of $128.64 million. Nautilus had a net margin of 6.47% and a return on equity of 15.93%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the firm posted $0.38 EPS.
Nautilus (NLS) traded up $0.20 during trading on Wednesday, reaching $13.20. 391,615 shares of the company were exchanged, compared to its average volume of 384,848. The company has a market capitalization of $403.80, a P/E ratio of 15.53, a P/E/G ratio of 1.31 and a beta of 1.61. The company has a current ratio of 1.94, a quick ratio of 1.39 and a debt-to-equity ratio of 0.18. Nautilus has a 1-year low of $11.30 and a 1-year high of $19.80.
In related news, VP Jeffery Lynn Collins sold 2,335 shares of Nautilus stock in a transaction that occurred on Thursday, March 8th. The shares were sold at an average price of $13.00, for a total transaction of $30,355.00. Following the sale, the vice president now directly owns 3,432 shares in the company, valued at approximately $44,616. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Bruce M. Cazenave sold 10,700 shares of the business’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $12.65, for a total transaction of $135,355.00. Following the completion of the transaction, the chief executive officer now owns 372,876 shares in the company, valued at approximately $4,716,881.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,435 shares of company stock valued at $440,700. Corporate insiders own 3.70% of the company’s stock.
Nautilus declared that its board has authorized a share repurchase plan on Monday, March 5th that allows the company to repurchase $15.00 million in shares. This repurchase authorization allows the specialty retailer to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Nautilus 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.
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