Nautilus, Inc. (NLS)

shop1 (98.29) Submitted: 4/23/08 1:33 PM : Start Price: $3.21 NLS Score: 4.09

Nautilus is struggling with its financials. It had negative income of 45.9 million over the past 12 mos. Over the past 5 years it has had negative sales growth. It currently has a negative EPS and negative cash flow. It just appointed a new CEO in 3/2008 and sold off it Pearl Izumi line in 4/2008. The sale of Pearl Izumi got rid of 4.1 million in debt, but thats a drop in the bucket considering the company just took out a 100 million dollar loan in Jan 2008. If the economy was a little better, Nautilus might be able to make some improvements. However, I just don't see tons of people running out to buy fitness equipment and I can't see this company turning itself around at any time in the near future. In fact, I wonder how long it will be before they parcel out another one of their lines. Despite the fact the stock price, currently $3.20, is near its 52 week low of $3.00, I think it will continue to lose ground.

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