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Surging Earnings Estimates Signal Good News for Nautilus (NLS)

Nautilus, Inc. NLS is a fitness solutions provider that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on NLS’ earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Nautilus could be a solid choice for investors.

Current Quarter Estimates for NLS

In the past 30 days, one estimate has gone higher for Nautilus while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 13 cents a share 30 days ago, to a loss of 10 cents today.

Current Year Estimates for NLS

Meanwhile, Nautilus’s current year figures are also looking quite promising, with one estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, moving from a loss of 1 cent per share 30 days ago to earnings of 6 cents per share today.

Nautilus Group, Inc. The Price and Consensus

Nautilus Group, Inc. The Price and Consensus

Nautilus Group, Inc. The price-consensus-chart | Nautilus Group, Inc. The Quote

Bottom Line

The stock has also started to move higher lately, adding 62.3% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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