Nautilus (NLS) Is Strong On High Volume Today
Trade-Ideas LLC identified
(
) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Nautilus as such a stock due to the following factors:
- NLS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $5.6 million.
- NLS has traded 267,202 shares today.
- NLS is trading at 28.70 times the normal volume for the stock at this time of day.
- NLS is trading at a new high 18.03% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.
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More details on NLS:
Nautilus, Inc., a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. NLS has a PE ratio of 2. Currently there are 4 analysts that rate Nautilus a buy, no analysts rate it a sell, and none rate it a hold.
The average volume for Nautilus has been 326,600 shares per day over the past 30 days. Nautilus has a market cap of $520.9 million and is part of the consumer goods sector and consumer durables industry. The stock has a beta of 1.84 and a short float of 3.9% with 4.26 days to cover. Shares are up 2% year-to-date as of the close of trading on Friday.
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Analysis:
rates Nautilus as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 2.5%. Since the same quarter one year prior, revenues rose by 16.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- The debt-to-equity ratio is somewhat low, currently at 0.63, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.11, which illustrates the ability to avoid short-term cash problems.
- The gross profit margin for NAUTILUS INC is rather high; currently it is at 53.08%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 8.78% is above that of the industry average.
- NAUTILUS INC' earnings per share from the most recent quarter came in slightly below the year earlier quarter. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, NAUTILUS INC increased its bottom line by earning $0.85 versus $0.64 in the prior year. This year, the market expects an improvement in earnings ($1.13 versus $0.85).
- You can view the full Nautilus Ratings Report.
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