The Vanguard Group, Inc. has recently announced that it has increased stake in Nautilus Inc. (NYSE:NLS) by 21.57%. After grabbing 1.46 million shares, the institutional investor is now in possession of 0.26 million shares of the Consumer Cyclical Company. The new investment brought the stake of investor firm to 4.62% having worth around $2.17 million. Moreover, GSA Capital Partners LLP increased its share by 0.48 million to have a control over 0.48 million shares. And Annandale Capital LLC raised its holdings to 0.4 million shares by acquiring 0.4 million shares or 1.26% of the stake.
Nautilus Inc. (NLS) concluded trading on 01/11/23 at a closing price of $1.75, with 0.4 million shares of worth about $0.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.63% during that period and on Wednesday the price saw a gain of about 3.55%. Currently the company’s common shares owned by public are about 31.59M shares, out of which, 28.68M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 73 times over the past 12 months. They bought 644,573 shares in 35 of the transactions. In 38 selling transactions, insiders dumped 221,251 shares.
Vanguard Total Stock Market Index, Vanguard Extended Market Index Fu, and US Equity Small Cap Pool are the top 3 mutual funds which are holding stakes in Nautilus Inc. Vanguard Total Stock Market Index is currently holding 0.99 million shares of worth totaling $1.46 million. The company recently came buying 0.0 shares which brought its stake up to 3.11% of the company’s outstanding shares. US Equity Small Cap Pool, after buying 0.39 million shares, have now control over 1.21% of the stake in the company. It holds 0.13 million shares of worth $0.57 million.
Nautilus Inc. (NYSE: NLS) started trading at $1.73, above $0.04 from concluding price of the previous day. However, the stock later moved at a day high price of 1.8700, or with a gain of 3.55%. Stock saw a price change of 8.02% in past 5 days and over the past one month there was a price change of 7.36%. Year-to-date (YTD), NLS shares are showing a performance of 14.38% which decreased to -70.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.23 but also hit the highest price of $6.05 during that period. The average intraday trading volume for Nautilus Inc. shares is 239.85K. The stock is currently trading 8.66% above its 20-day simple moving average (SMA20), while that difference is up 12.04% for SMA50 and it goes to -18.71% lower than SMA200.
The Vanguard Group, Inc. acquired 1.46 million shares of Nautilus Inc. having value of about $2.17 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 0.26 million shares in the company valued at close to $454431.25, or have control over 21.57% stake in the company. Nautilus Inc. (NYSE: NLS) currently have 31.59M outstanding shares and institutions hold larger chunk of about 28.40% of that. Holding of mutual funds in the company is about 17.16% while other institutional holders and individual stake holders have control over 43.98% and 10.84% of the stake respectively.
The stock has a current market capitalization of $56.21M and its 3Y-monthly beta is at 1.52. It has posted earnings per share of -$3.41 in the same period. It has Quick Ratio of 0.80 while making debt-to-equity ratio of 0.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NLS, volatility over the week remained 6.93% while standing at 6.40% over the month.
Analysts are in expectations that Nautilus Inc. (NLS) stock would likely to be making an EPS of -$0.49 in the current quarter, while forecast for next quarter EPS is -$0.11 and it is -$0.7 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.6 which is -$0.43 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.15 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -176.40% while it is estimated to increase by 67.60% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of -24.60% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on February 10, 2022 offering a Buy rating for the stock and assigned a target price range of between $10 and $9 to it. Stock get a Buy rating from SunTrust on April 23, 2020.
