Notable Price Action: What’s Next for Nautilus, Inc. After Today’s Huge Increase?

Notable Price Action: What's Next for Nautilus, Inc. After Today's Huge Increase?

The stock of Nautilus, Inc. (NYSE:NLS) is a huge mover today! About 496,732 shares traded hands. Nautilus, Inc. (NYSE:NLS) has risen 27.06% since March 3, 2016 and is uptrending. It has outperformed by 18.71% the S&P500.
The move comes after 6 months positive chart setup for the $671.56 million company. It was reported on Oct, 6 by We have $30.55 PT which if reached, will make NYSE:NLS worth $275.34 million more.

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 $4.65 million for 36.12 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 company was maintained on Wednesday, September 28 by Wunderlich. The stock of Nautilus, Inc. (NYSE:NLS) has “Buy” rating given on Tuesday, January 5 by DA Davidson. The firm earned “Neutral” rating on Monday, September 26 by B. Riley & Co. The stock of Nautilus, Inc. (NYSE:NLS) earned “Buy” rating by B. Riley & Co on Tuesday, September 29. Sterne Agee CRT maintained it with “Buy” rating and $24 target price in Tuesday, September 22 report. Wunderlich maintained Nautilus, Inc. (NYSE:NLS) on Tuesday, January 5 with “Buy” rating. The firm earned “Outperform” rating on Wednesday, July 6 by Imperial Capital. The firm earned “In-Line” rating on Monday, September 19 by Imperial Capital.

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 2016 Q2. Its down 0.28, from 1.16 in 2016Q1. The ratio is negative, 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.
Meeder Asset Management accumulated 1,467 shares or 0% of the stock. Moreover, Thomson Horstmann & Bryant has 0.38% invested in Nautilus, Inc. (NYSE:NLS) for 162,554 shares. Moreover, Numeric Investors Limited Company has 0.01% invested in Nautilus, Inc. (NYSE:NLS) for 40,700 shares. The Massachusetts-based Acadian Asset Mgmt Ltd Liability has invested 0% in Nautilus, Inc. (NYSE:NLS). Alps Advisors has 22,000 shares for 0% of their US portfolio. Pacad Limited holds 10,774 shares or 0.03% of its portfolio. Mckinley Cap Ltd Delaware accumulated 206,696 shares or 0.18% of the stock. State Board Of Administration Of Florida Retirement has invested 0% of its portfolio in Nautilus, Inc. (NYSE:NLS). Wall Street Assoc, a California-based fund reported 236,191 shares. Strs Ohio holds 0% of its portfolio in Nautilus, Inc. (NYSE:NLS) for 38,800 shares. The Texas-based Westwood Holdings Gru Inc Inc has invested 0.01% in Nautilus, Inc. (NYSE:NLS). Metropolitan Life Insurance Co Ny, a New York-based fund reported 24,174 shares. New York State Common Retirement Fund holds 0% or 188,528 shares in its portfolio. Bailard owns 22,600 shares or 0.05% of their US portfolio. Credit Suisse Ag has 0% invested in the company for 94,460 shares.

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

More important recent Nautilus, Inc. (NYSE:NLS) news were published by: which released: “Nautilus, Inc. Announces Acquisition of Octane Fitness from North Castle Partners” on January 04, 2016, also published article titled: “Nautilus, Inc. Reports Strong Results for the Second Quarter 2016”, published: “Nautilus, Inc. Ceases Reporting in Canada” on August 19, 2016. More interesting news about Nautilus, Inc. (NYSE:NLS) was released by: and their article: “Nautilus, Inc. to Announce Second Quarter 2016 Results on Monday, August 1, 2016” with publication date: July 25, 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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