Nautilus (NYSE:NLS) Releases Quarterly Earnings Results, Beats Estimates By $0.21 EPS

Nautilus (NYSE:NLS) released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $191.73 million. Nautilus had a return on equity of 51.32% and a net margin of 7.36%. Nautilus’s quarterly revenue was up 81.7% on a year-over-year basis.

NLS stock traded down $6.01 during midday trading on Tuesday, hitting $20.70. The stock had a trading volume of 153,855 shares, compared to its average volume of 1,911,532. The firm has a market capitalization of $626.36 million, a price-to-earnings ratio of 20.09 and a beta of 1.72. Nautilus has a 52 week low of $1.20 and a 52 week high of $31.38. The stock has a 50-day simple moving average of $23.93 and a 200 day simple moving average of $19.76. The company has a current ratio of 1.86, a quick ratio of 1.58 and a debt-to-equity ratio of 0.09.

In related news, Director Anne Saunders sold 4,000 shares of the firm’s stock in a transaction on Tuesday, December 15th. The stock was sold at an average price of $17.72, for a total value of $70,880.00. Following the completion of the transaction, the director now directly owns 38,502 shares of the company’s stock, valued at $682,255.44. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Jay Mcgregor sold 4,926 shares of the firm’s stock in a transaction on Wednesday, December 2nd. The stock was sold at an average price of $19.88, for a total value of $97,928.88. The disclosure for this sale can be found here. 1.90% of the stock is owned by company insiders.

NLS has been the subject of several research reports. Lake Street Capital lifted their price target on Nautilus from $30.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, November 10th. Craig Hallum increased their price objective on Nautilus from $22.00 to $28.00 and gave the stock a “buy” rating in a 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. Nautilus currently has an average rating of “Buy” and a consensus price target of $22.07.

About Nautilus

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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