Lindblad Expeditions Holdings Inc (NASDAQ:LIND) Expected to Post Earnings of -$0.05 Per Share

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Analysts expect that Lindblad Expeditions Holdings Inc (NASDAQ:LIND) will announce earnings of ($0.05) per share for the current quarter, according to Zacks. Three analysts have provided estimates for Lindblad Expeditions’ earnings. The highest EPS estimate is ($0.05) and the lowest is ($0.06). Lindblad Expeditions posted earnings per share of ($0.10) during the same quarter last year, which would indicate a positive year over year growth rate of 50%. The firm is scheduled to report its next earnings results on Thursday, February 27th.

According to Zacks, analysts expect that Lindblad Expeditions will report full-year earnings of $0.26 per share for the current financial year. For the next fiscal year, analysts expect that the business will post earnings of $0.52 per share, with EPS estimates ranging from $0.45 to $0.61. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Lindblad Expeditions.

Lindblad Expeditions (NASDAQ:LIND) last announced its earnings results on Wednesday, October 30th. The company reported ($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.24). The company had revenue of $100.98 million during the quarter, compared to analysts’ expectations of $104.55 million. Lindblad Expeditions had a return on equity of 12.77% and a net margin of 3.11%.

Several equities research analysts have weighed in on the company. Imperial Capital reiterated an “outperform” rating and issued a $22.00 target price (up from $21.00) on shares of Lindblad Expeditions in a report on Tuesday, August 6th. ValuEngine cut Lindblad Expeditions from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. TheStreet cut Lindblad Expeditions from a “b-” rating to a “c+” rating in a report on Monday, September 30th. BidaskClub lowered Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Thursday, October 31st. Finally, Zacks Investment Research lowered Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $18.40.

In other news, Director L. Dyson Dryden sold 13,566 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $17.64, for a total value of $239,304.24. Following the completion of the transaction, the director now directly owns 1,243,512 shares of the company’s stock, valued at approximately $21,935,551.68. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last three months, insiders sold 239,221 shares of company stock valued at $4,381,568. Corporate insiders own 50.20% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in LIND. Aperio Group LLC bought a new position in shares of Lindblad Expeditions in the 2nd quarter worth $25,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Lindblad Expeditions by 72.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,238 shares of the company’s stock valued at $40,000 after buying an additional 940 shares in the last quarter. Massey Quick Simon & CO. LLC acquired a new position in Lindblad Expeditions during the 3rd quarter valued at about $53,000. Oppenheimer Asset Management Inc. increased its position in Lindblad Expeditions by 48.7% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 4,385 shares of the company’s stock valued at $79,000 after buying an additional 1,437 shares in the last quarter. Finally, Bank of Montreal Can increased its position in Lindblad Expeditions by 36.9% during the 2nd quarter. Bank of Montreal Can now owns 5,823 shares of the company’s stock valued at $105,000 after buying an additional 1,571 shares in the last quarter. 54.80% of the stock is owned by hedge funds and other institutional investors.

Shares of Lindblad Expeditions stock traded down $0.16 on Friday, reaching $15.03. The company had a trading volume of 120,700 shares, compared to its average volume of 190,036. Lindblad Expeditions has a 1 year low of $11.98 and a 1 year high of $19.29. The firm has a market cap of $750.37 million, a price-to-earnings ratio of 62.63 and a beta of 0.14. The firm’s 50-day moving average price is $16.68 and its two-hundred day moving average price is $17.27. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.89 and a quick ratio of 0.88.

Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It delivers voyages through a fleet of eight owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand.

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Earnings History and Estimates for Lindblad Expeditions (NASDAQ:LIND)

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