Lindblad Expeditions (LIND) to Release Earnings on Thursday

Lindblad Expeditions (NASDAQ:LIND) will be releasing its earnings data before the market opens on Thursday, August 8th. Analysts expect Lindblad Expeditions to post earnings of ($0.24) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Lindblad Expeditions Trading Up 5.5 %

Shares of NASDAQ LIND opened at $7.67 on Wednesday. The firm has a market cap of $410.60 million, a P/E ratio of -7.45 and a beta of 3.01. The business’s 50 day moving average is $8.70 and its 200-day moving average is $8.53. Lindblad Expeditions has a 1-year low of $5.47 and a 1-year high of $11.53.

Insider Activity

In related news, Director Alex P. Schultz purchased 15,953 shares of the stock in a transaction dated Thursday, June 20th. The stock was bought at an average cost of $7.48 per share, for a total transaction of $119,328.44. Following the completion of the acquisition, the director now owns 176,198 shares of the company’s stock, valued at $1,317,961.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, Director Alex P. Schultz acquired 25,294 shares of Lindblad Expeditions stock in a transaction dated Monday, May 20th. The shares were bought at an average cost of $7.69 per share, with a total value of $194,510.86. Following the purchase, the director now owns 151,694 shares in the company, valued at approximately $1,166,526.86. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Alex P. Schultz purchased 15,953 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were acquired at an average price of $7.48 per share, for a total transaction of $119,328.44. Following the completion of the acquisition, the director now directly owns 176,198 shares in the company, valued at approximately $1,317,961.04. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 81,333 shares of company stock worth $608,381. Corporate insiders own 34.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on LIND. StockNews.com raised Lindblad Expeditions from a “sell” rating to a “hold” rating in a report on Monday, April 29th. Craig Hallum cut their price objective on shares of Lindblad Expeditions from $15.00 to $12.00 and set a “buy” rating for the company in a report on Wednesday, May 1st. Finally, B. Riley lifted their price target on shares of Lindblad Expeditions from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, July 17th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.25.

Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.