Nautilus Inc. (NYSE:NLS) price on Friday, August 27, fall -3.09% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $11.76.
A look at the stock’s price movement, the level at last check in today’s session was $12.13, moving within a range at $12.08 and $12.54. The beta value (5-Year monthly) was 1.67 while the PE ratio in trailing twelve months stood at 3.68. Turning to its 52-week performance, $31.38 and $11.33 were the 52-week high and 52-week low respectively. Overall, NLS moved -18.59% over the past month.
Nautilus Inc.’s market cap currently stands at around $370.09 million, with investors looking forward to this quarter’s earnings report slated for Nov 08, 2021 – Nov 12, 2021. Analysts project the company’s earnings per share (EPS) to be $0.3, which has seen fiscal year 2022 EPS growth forecast to increase to $0.88 and about $1.11 for fiscal year 2023. Per the data, EPS growth is expected to be -73.70% for 2021 and 26.10% for the next financial year.
Analysts have a consensus estimate of $184.59 million for the company’s revenue for the quarter, with a low and high estimate of $162.2 million and $177.2 million respectively. Wall Street analysts have also projected the company’s year-on-year revenue for 2022 to grow to $673.3 million, representing a 1.30% jump on that reported in the last financial year.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that NLS is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 3 recommend NLS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Overweight which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 0.37, with NLS’s current price about -9.99% and -19.61% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.10, while 7-day volatility ratio is 5.39% and 5.64% in the 30-day chart. Further, Nautilus Inc. (NLS) has a beta value of 1.65, and an average true range (ATR) of 0.72. Analysts have given the company’s stock an average 52-week price target of $19.13, forecast between a low of $12.50 and high of $27.00. Looking at the price targets, the low is -6.29% off recent price level in today’s trading while to achieve the yearly target high, it has to move -129.59%. Nonetheless, investors will most likely welcome a -57.31% jump to $18.50 which is the analysts’ median price.
In the market, a comparison of Nautilus Inc. (NLS) and its peers suggest the former has performed considerably weaker. Data shows NLS’s intraday price has changed -3.09% today and -0.74% over the past year. Comparatively, Escalade Incorporated (ESCA) has moved 0.34% so far today and only 25.31% in the past 12 months. Looking at another peer, we see that Callaway Golf Company (ELY) price has gained 2.21% on the day. However, the stock is 40.19% off its price today a year ago. Moreover, Clarus Corporation (CLAR) is also up 1.17% in today’s trading while keeping a an uptrend of 114.31% over the past year. If we look at the PE ratio, we find that Nautilus Inc.’s ratio stands at 3.68 compared to Escalade Incorporated’s 11.41 and Callaway Golf Company’s 10.31. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.77% and 0.63% respectively on the day as seen in early trades.
If we refocus on Nautilus Inc. (NYSE:NLS), historical trading data shows that trading volumes averaged 0.79 million over the past 10 days and 803.75K over the past 3 months. The company’s latest data on shares outstanding shows there are 30.70 million shares.
The 2.30% of Nautilus Inc.’s shares are in the hands of company insiders while institutional holders own 77.70% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.62 million on Apr 14, 2021, giving us a short ratio of 3.34. The data shows that as of Apr 14, 2021 short interest in Nautilus Inc. (NLS) stood at 18.52% of shares outstanding, with shares short rising to 5.32 million registered in Mar 14, 2021. Current price change has pushed the stock -33.13% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NLS stock continues to rise going into the next quarter.