Stock of the Day: What’s Next for Nautilus, Inc. After Touching Yearly Low?

Stock of the Day: What's Next for Nautilus, Inc. After Touching Yearly Low?

The stock of Nautilus, Inc. (NYSE:NLS) hit a new 52-week low and has $15.93 target or 6.00% below today’s $16.95 share price. The 5 months bearish chart indicates high risk for the $519.86 million company. The 1-year low was reported on Nov, 1 by Barchart.com. If the $15.93 price target is reached, the company will be worth $31.19 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 1.48M shares traded hands or 185.07% up from the average. Nautilus, Inc. (NYSE:NLS) has declined 7.37% since March 30, 2016 and is downtrending. It has underperformed by 10.38% the S&P500.

Analysts await Nautilus, Inc. (NYSE:NLS) to report earnings on November, 7. They expect $0.15 earnings per share, up 25.00% or $0.03 from last year’s $0.12 per share. NLS’s profit will be $4.60M for 28.25 P/E if the $0.15 EPS becomes a reality. After $0.12 actual earnings per share reported by Nautilus, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Nautilus, Inc. (NYSE:NLS) Ratings Coverage

Out of 5 analysts covering Nautilus Group (NYSE:NLS), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Nautilus Group has been the topic of 10 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Nautilus, Inc. (NYSE:NLS) has “Neutral” rating given on Monday, September 26 by B. Riley & Co. The stock has “Buy” rating given by B. Riley & Co on Tuesday, September 29. The rating was maintained by Wunderlich with “Buy” on Wednesday, September 28. The firm has “Outperform” rating given on Wednesday, July 6 by Imperial Capital. The firm has “Buy” rating given on Tuesday, January 5 by Wunderlich. The rating was downgraded by Imperial Capital to “In-Line” on Monday, September 19. Sterne Agee CRT maintained Nautilus, Inc. (NYSE:NLS) on Tuesday, September 22 with “Buy” rating. The rating was maintained by DA Davidson on Tuesday, January 5 with “Buy”.

According to Zacks Investment Research, “Nautilus, Inc. helps people achieve a fit and healthy lifestyle through proper exercise, rest and nutrition. With a brand portfolio that includes Nautilus, Bowflex, SchwinnFitness, StairMaster and Trimline, Nautilus manufactures and markets a complete line of innovative health and fitness products through direct, commercial and retail channels.”

Insitutional Activity: The institutional sentiment decreased to 0.88 in Q2 2016. Its down 0.28, from 1.16 in 2016Q1. The ratio dropped, as 22 funds sold all Nautilus, Inc. shares owned while 64 reduced positions. 25 funds bought stakes while 51 increased positions. They now own 25.90 million shares or 3.42% less from 26.82 million shares in 2016Q1.
New York State Common Retirement Fund holds 0% or 188,528 shares in its portfolio. Sei Invests holds 1,813 shares or 0% of its portfolio. Creative Planning accumulated 0% or 302 shares. Johnson Invest Counsel Incorporated last reported 0.01% of its portfolio in the stock. American Century Companies owns 339,399 shares or 0.01% of their US portfolio. Walleye Trading Limited last reported 0% of its portfolio in the stock. The Texas-based Westwood Hldg Gp has invested 0.01% in Nautilus, Inc. (NYSE:NLS). Goldman Sachs Incorporated last reported 0% of its portfolio in the stock. The Alabama-based Mesirow Finance Inv Mngmt has invested 0.02% in Nautilus, Inc. (NYSE:NLS). Bnp Paribas Arbitrage Sa accumulated 1,209 shares or 0% of the stock. Franklin Resource Incorporated accumulated 0% or 37,660 shares. Moreover, De Burlo Gru has 0.82% invested in Nautilus, Inc. (NYSE:NLS) for 189,100 shares. D E Shaw Incorporated owns 109,055 shares or 0% of their US portfolio. Teacher Retirement Of Texas accumulated 0% or 4,117 shares. Sg Ltd Liability Company has 305,108 shares for 1.34% of their US portfolio.

Insider Transactions: Since May 12, 2016, the stock had 0 buys, and 6 sales for $773,733 net activity. Collins Jeffery Lynn had sold 4,166 shares worth $88,736. Another trade for 7,500 shares valued at $161,250 was sold by Horn Richard A. Another trade for 10,000 shares valued at $196,100 was made by BOLIO WAYNE M on Thursday, May 12. Another trade for 712 shares valued at $14,240 was sold by Murdock Robert O.. The insider Siegert Marvin G sold $148,960.

More notable recent Nautilus, Inc. (NYSE:NLS) news were published by: Reuters.com which released: “BRIEF-Nautilus Inc posts Q3 earnings per share $0.24” on October 31, 2016, also Businesswire.com with their article: “Nautilus, Inc. Announces Acquisition of Octane Fitness from North Castle Partners” published on January 04, 2016, Businesswire.com published: “Nautilus, Inc. Reports Strong Results for the Second Quarter 2016” on August 01, 2016. More interesting news about Nautilus, Inc. (NYSE:NLS) were released by: Businesswire.com and their article: “Nautilus, Inc. Increases Share Repurchase Program to $25 Million” published on May 09, 2016 as well as Businesswire.com‘s news article titled: “Nautilus, Inc. to Announce Third Quarter 2016 Results on Monday, October 31, 2016” with publication date: October 18, 2016.

NLS Company Profile

Nautilus, Inc., incorporated on September 22, 1992, is a consumer fitness products company. The Firm operates through two divisions: Direct and Retail. The Company’s 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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