Nautilus, Inc. (NYSE:NLS) is one of the worst performers on the stock market today. At current price of $1.33, the shares have already lost -0.04 points (-3.28% lower) from its previous close of $1.37. Should you buy or avoid them? The stock sets an active trading volume day with a reported 385401 contracts so far this session. NLS shares had a relatively better volume day versus average trading capacity of 702.66 thousand shares, but with a 28.75 million float and a -16.97% run over a week, it’s definitely worth keeping an eye on. The one year price forecast for NLS stock indicates that the average analyst price target is $2.58 per share. This means the stock has a potential increase of 93.98% from where the NLS share price has been trading recently which is between $1.32 and $1.44. There are some brokerage firms that offer lower targets than the average, with one of them, even setting their price target at $2. Flipping the other side of the coin, an analyst who is fully bullish set a price target as high as $4.5.
During the recent trading session for Nautilus, Inc. (NYSE:NLS), the company witnessed their stock drop by $-0.26 over a week and surge $0.1 from the price 20 days ago. When compared to their established 52-week high of $14.55, the high they recorded in their recent session happens to be lower. Their established 52-week high was attained by the company on 09/21/18. The recent low of $1.21 stood for a -90.89% since 08/23/19, a data which is good for most investors who are looking to take advantage of the stock’s recent rise. A beta of 0.97 is also allocated to the stock. Since the beta is less than one, it implies that the stock is more volatile than the market, a data that traders are keeping close attention to. At the moment, the median target price for NLS is set at $2, a figure which is below the recent 1-year high the stock witnessed.
Looking at the current readings for Nautilus, Inc., the two-week RSI stands at 41.53. This figure suggests that NLS stock, for now, is neutral, meaning that the shares are stable in terms of price movement. The stochastic readings, on the other hand, based on the current NLS readings is similarly very revealing as it has a stochastic reading of 19.09% at this stage. This figure means that NLS share price today is being overbought.
Technical chart claims that Nautilus, Inc. (NLS) would settle between $1.43/share to $1.5/share level. However, if the stock price goes below the $1.31 mark, then the market for Nautilus, Inc. becomes much weaker. If that happens, the stock price might even plunge as low as $1.26 for its downside target. The stock is currently in the red zone of MACD, with the indicator reading -0.16. Traders are always alerted for the move of a stock above or below the zero line due to the fact that the reading is an indicator of the position of the short-term average relative to the long-term average. If the MACD is above the zero line, then the short-term average relative is above that of the long-term average, thus implying an upward momentum. Vice versa is the case if the MACD is below the zero line.
Analysts at Imperial Capital lifted target price for shares of NLS but were stick to In-line recommendation for the stock in their opinion released on May 08. The price target has been raised from $6 to $4.50. Imperial Capital analysts again handed out a In-line recommendation to Nautilus, Inc. (NYSE:NLS) stock but they lifted target price for the shares in a flash note issued to investors on January 22. The target price has been raised from $12 to $7. Analysts at Sidoti lowered the stock to a Neutral call from its previous Buy recommendation, in a research note that dated back to January 18.
NLS equity has an average rating of 2.67, with the figure leaning towards a bullish end. 6 analysts who tracked the company were contacted by Reuters. Amongst them, 5 rated the stock as a hold while the remaining 1 were split even though not equally. Some analysts rate the stock as a buy or a strong buy while no rated it as a sell. 1 analysts rated Nautilus, Inc. (NYSE:NLS) as a buy or a strong buy while not a single analyst advised that investors should desist from purchasing the stock or sell them if they already own the company’s stock.
Moving on, NLS stock price is currently trading at 0X forward 12-month Consensus EPS estimates, and its P/E ratio is 0 while for the average stock in the same group, the multiple is 21.3. Nautilus, Inc. current P/B ratio of 0.4 means it is trading at a discount against its industry’s 2.9.
Nautilus, Inc. (NLS)’s current-quarter revenues are projected to climb by nearly -11% to hit $81.05 million, based on current consensus estimate. The firm’s full-year revenues are expected to expand by over -14.6% from $396750 to a noteworthy $338850. At the other end of the current quarter income statement, Nautilus, Inc. is expected to see its adjusted earnings surge by roughly -120% to hit $-0.03 per share. For the fiscal year, NLS’s earnings are projected to climb by roughly -224% to hit $-0.62 per share.