In the report, Citron cites proprietary credit card data showing Nautilus' sales have surged nearly 400% during the ongoing third quarter. Insiders sold 165,387 shares of company stock worth $2,327,736 over the last quarter. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Delayed quotes by Sungard.
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Nautilus' stock was trading at $1.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization.
It's packed with all of the company's key stats and salient decision making information. Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Expected to Post Earnings of $0.52 Per Share, Reviewing National Retail Properties (NYSE:NNN) & Columbia Property Trust (NYSE:CXP), Dearborn Partners LLC Increases Position in The Procter & Gamble Company (NYSE:PG), Fulton Breakefield Broenniman LLC Has $1.16 Million Holdings in Netflix, Inc. (NASDAQ:NFLX), Netflix (NASDAQ:NFLX) Price Target Raised to $591.00 at Sanford C. Bernstein, Biogen (NASDAQ:BIIB) Receives Buy Rating from HC Wainwright, Chipotle Mexican Grill (NYSE:CMG) Posts Quarterly Earnings Results, Beats Expectations By $0.32 EPS, Morgan Stanley Cuts Chipotle Mexican Grill (NYSE:CMG) Price Target to $1,253.00, Intel Co. (NASDAQ:INTC) Holdings Lifted by Dearborn Partners LLC, The Procter & Gamble (NYSE:PG) Announces Earnings Results, Brokers Offer Predictions for Crown Holdings, Inc.’s FY2020 Earnings (NYSE:CCK), Traverso Chambers Private Wealth Management LLC Trims Stock Position in Verizon Communications Inc. (NYSE:VZ), Nelson Van Denburg & Campbell Wealth Management Group LLC Decreases Stake in Verizon Communications Inc. (NYSE:VZ), Pfizer Inc. (NYSE:PFE) Holdings Decreased by Fulton Breakefield Broenniman LLC, Piper Sandler Boosts Align Technology (NASDAQ:ALGN) Price Target to $500.00, Align Technology (NASDAQ:ALGN) Price Target Raised to $432.00, Align Technology (NASDAQ:ALGN) PT Raised to $400.00, Q4 2020 EPS Estimates for Regions Financial Co. (NYSE:RF) Lifted by Analyst, Chipotle Mexican Grill (NYSE:CMG) PT Raised to $1,200.00 at Jefferies Financial Group, Netflix (NASDAQ:NFLX) Price Target Increased to $700.00 by Analysts at BMO Capital Markets, Netflix (NASDAQ:NFLX) Given New $660.00 Price Target at Pivotal Research, Q4 2020 EPS Estimates for Regions Financial Co. (NYSE:RF) Increased by Analyst, How interest rates affect municipal bond prices, MarketBeat.com's FREE daily email newsletter, Dearborn Partners LLC Increases Position in The Procter & Gamble Company. Finally, SunTrust Banks boosted their price target on Nautilus from $10.00 to $12.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Zacks Sector Rank Education -- Learn more about the Zacks Sector Rank.
They set an “outperform” rating for the company. Russell Investments Group Ltd. raised its position in Nautilus by 7.4% during the first quarter. Nautilus reported earnings per share of ($0.23) in the same quarter last year, which would indicate a positive year-over-year growth rate of 213%.
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months.
However, the company's revenue declined 4% for the quarter, and it's only guiding for 1% growth in the coming quarter -- a far cry from the elevated speculation.
A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
How has Nautilus' stock price been impacted by Coronavirus?
The sector with the worst average Zacks Rank (16 out of 16) would place in the bottom 1%.
There may be delays, omissions, or inaccuracies The company operates in two segments, Direct and Retail.
Yahoo is part of Verizon Media. Wells Fargo & Company MN now owns 10,243 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 8,733 shares in the last quarter.
The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics.
Appreciate my writing, have an idea for me, or is there an issue with something I wrote? A number of hedge funds have recently modified their holdings of NLS. The Zacks Rank has been called the Billion Dollar Secret. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.
Finally, Wells Fargo & Company MN grew its stake in Nautilus by 578.3% in the first quarter. Russell Investments Group Ltd. now owns 131,959 shares of the specialty retailer’s stock valued at $344,000 after purchasing an additional 9,044 shares during the period. 1.90% of the stock is owned by company insiders.
According to Zacks, analysts expect that Nautilus will report full-year earnings of $1.23 per share for the current fiscal year, with EPS estimates ranging from $1.10 to $1.35. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. They noted that the move was a valuation call. Nautilus (NYSE:NLS) last posted its quarterly earnings data on Monday, August 10th. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Citron Research, after all, doesn't have a flawless record.
I value a variety of opinions and inputs, and believe all investors should too. Earlier this year, it also submitted proprietary credit card data showing 700% year-over-year growth in spending for Sonos. Investors would do well to reflect this attitude.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
While all of this sounds fantastic, investors should still exercise prudence. In other Nautilus news, Director Richard A. Horn sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The scores are based on the trading styles of Value, Growth, and Momentum. William Blair began coverage on Nautilus in a research report on Wednesday, September 2nd. The reason is the at-home fitness trend, but also that Peloton's products are on backorder.
Following the sale, the chief executive officer now owns 38,252 shares in the company, valued at $535,528.
Deutsche Bank AG now owns 372,581 shares of the specialty retailer’s stock worth $973,000 after purchasing an additional 139,529 shares in the last quarter.
To be clear, Nautilus stock was already rising before Citron said anything. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. The monthly returns are then compounded to arrive at the annual return.
The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.59 and a current ratio of 1.86. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. White Pine Capital LLC raised its holdings in shares of Nautilus by 63.3% in the first quarter. However, 400% growth would dwarf any growth posted by Peloton, suggesting Nautilus stock is severely undervalued.
The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
NASDAQ data is at least 15 minutes delayed. See the Full List of Stocks To Beat Earnings. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Nautilus stock opened at $16.68 on Tuesday. The disclosure for this sale can be found here. Real time Nautilus (NLS) stock price quote, stock graph, news & analysis. See you at the top!
Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
See rankings and related performance below. What's great about exploring business and the economy is the insight it gives you into how things are in the world. The stock was sold at an average price of $13.02, for a total transaction of $130,200.00. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. That's pricey even for a growth stock, but some investors say it's worth paying for a company growing sales as Peloton is.
How good is it? Known for its family of brands that included Bowflex, Nautilus, Octane Fitness, Schwinn, and Universal, the company develops, manufacturers and markets branded products that include home gyms, free weight equipment, treadmills, indoor cycling equipment, ellipticals, and fitness accessories. Deutsche Bank AG grew its stake in Nautilus by 59.9% in the first quarter. Truist Financial boosted their price target on Nautilus from $12.00 to $18.00 in a report on Tuesday, August 11th.
TheStreet raised Nautilus from a “d” rating to a “c-” rating in a report on Tuesday, August 25th. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Nautilus in the first quarter worth approximately $26,000. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. The stock has a market cap of $499.85 million, a PE ratio of -49.06 and a beta of 2.32. The sector with the best average Zacks Rank would be considered the top sector (1 out of 16), which would place it in the top 1% of Zacks Ranked Sectors.
Feel free to reach out to me at jon.quast@foolcontractors.com.
Cumulative Growth of a $10,000 Investment in Stock Advisor, Nautilus Stock Trades Higher After Research Firm Points to Zoom-Like Growth @themotleyfool #stocks $NLS $SONO $ZM $PTON, Why Nautilus's Shares Popped 14.7% on Wednesday, Nautilus Stock Heads Higher After Posting Hottest Growth Ever, Nautilus Sells Out New Home System in Less Than a Day, Copyright, Trademark and Patent Information.
Learn more about Zacks Equity Research reports. I don't mean to discredit anyone -- to the contrary, Citron Research is often right. While I no longer get to exercise my analytical muscles with linguistics, it's rewarding to analyze business and share my opinions through this platform. This is an estimated date of earnings release. One analyst has rated the stock with a sell rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. If you do not, click Cancel. Zacks Ranks stocks can, and often do, change throughout the month. So the growth was there, but management cautiously refrained from giving guidance. The company had revenue of $114.19 million during the quarter, compared to analysts’ expectations of $69.15 million.
NLS has been the subject of a number of research reports.
The shares were sold at an average price of $14.00, for a total value of $92,442.00. After spending more than a decade travelling the world exploring different cultures and languages, I'm happy to now be contributing to the Motley Fool's mission to make the world smarter, happier, and richer. NYSE and AMEX data is at least 20 minutes delayed. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
Nautilus, which makes Bowflex and other equipment, is there to fill the gap. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank.
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