Brokerages expect Lindblad Expeditions Holdings Inc (NASDAQ:LIND) to announce earnings per share (EPS) of ($0.05) for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Lindblad Expeditions’ earnings, with the lowest EPS estimate coming in at ($0.06) and the highest estimate coming in at ($0.05). Lindblad Expeditions reported earnings per share of ($0.10) in the same quarter last year, which suggests a positive year over year growth rate of 50%. The business is expected to announce its next earnings report on Thursday, February 27th.
On average, analysts expect that Lindblad Expeditions will report full-year earnings of $0.26 per share for the current fiscal year. For the next fiscal year, analysts expect that the firm will post earnings of $0.52 per share, with EPS estimates ranging from $0.45 to $0.61. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Lindblad Expeditions.
Lindblad Expeditions (NASDAQ:LIND) last announced its earnings results on Wednesday, October 30th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.24). Lindblad Expeditions had a net margin of 3.11% and a return on equity of 12.77%. The business had revenue of $100.98 million for the quarter, compared to analyst estimates of $104.55 million.
A number of equities analysts recently weighed in on LIND shares. Sidoti raised Lindblad Expeditions from a “neutral” rating to a “buy” rating in a report on Thursday, October 31st. Deutsche Bank reaffirmed a “hold” rating and issued a $15.00 price target on shares of Lindblad Expeditions in a report on Sunday, August 4th. BidaskClub cut Lindblad Expeditions from a “hold” rating to a “sell” rating in a report on Thursday, October 31st. TheStreet cut Lindblad Expeditions from a “b-” rating to a “c+” rating in a report on Monday, September 30th. Finally, ValuEngine cut Lindblad Expeditions from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $18.40.
In other Lindblad Expeditions news, Director L. Dyson Dryden sold 38,457 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $17.43, for a total transaction of $670,305.51. Following the completion of the transaction, the director now owns 1,291,700 shares of the company’s stock, valued at $22,514,331. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 239,221 shares of company stock valued at $4,381,568 in the last three months. Insiders own 50.20% of the company’s stock.
Several institutional investors have recently made changes to their positions in LIND. First Trust Advisors LP raised its holdings in shares of Lindblad Expeditions by 2.4% during the first quarter. First Trust Advisors LP now owns 49,878 shares of the company’s stock valued at $761,000 after acquiring an additional 1,157 shares during the last quarter. Scout Investments Inc. increased its holdings in shares of Lindblad Expeditions by 63.7% in the second quarter. Scout Investments Inc. now owns 319,537 shares of the company’s stock valued at $5,736,000 after purchasing an additional 124,336 shares during the last quarter. Sawgrass Asset Management LLC increased its holdings in shares of Lindblad Expeditions by 427.4% in the second quarter. Sawgrass Asset Management LLC now owns 80,935 shares of the company’s stock valued at $1,453,000 after purchasing an additional 65,590 shares during the last quarter. Strs Ohio increased its holdings in shares of Lindblad Expeditions by 527.6% in the second quarter. Strs Ohio now owns 36,400 shares of the company’s stock valued at $653,000 after purchasing an additional 30,600 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Lindblad Expeditions by 72.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,238 shares of the company’s stock valued at $40,000 after purchasing an additional 940 shares during the last quarter. 54.80% of the stock is owned by institutional investors and hedge funds.
NASDAQ:LIND traded down $0.16 during mid-day trading on Friday, hitting $15.03. 120,700 shares of the company’s stock traded hands, compared to its average volume of 190,036. The company has a market capitalization of $750.37 million, a P/E ratio of 62.63 and a beta of 0.14. Lindblad Expeditions has a twelve month low of $11.98 and a twelve month high of $19.29. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.88 and a current ratio of 0.89. The company has a fifty day moving average of $16.68 and a 200 day moving average of $17.27.
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.
Featured Article: Why do commodities matter?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Lindblad Expeditions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lindblad Expeditions and related companies with MarketBeat.com's FREE daily email newsletter.