At under $20 a share, Nautilus’s stock looks exceptionally cheap. At its current price of just under $16 per share, the fitness equipment maker’s stock is 44% below its 52-week high of $31.38.
Analysts seem to agree that shares of the Vancouver, Washington-based company are undervalued at current levels. The median price target on the stock is $26, implying a 48% upside from here. The high mark on the stock is $40.
As with the other stocks featured in this article, Nautilus reported much stronger first-quarter earnings than expected. The company, which owns brands like Bowflex and Schwinn Fitness, reported revenue of $206.1 million in this year’s first quarter, up 120% from revenue of $93.7 million in the same period of 2020.
Earnings per share (EPS) for the first quarter came in at 93 cents, up an incredible 1,229% from an EPS of 7 cents in the first quarter of 2020. The earnings results support a higher share price.