-$0.05 Earnings Per Share Expected for Lindblad Expeditions Holdings Inc (NASDAQ:LIND) This Quarter

Wall Street analysts forecast that Lindblad Expeditions Holdings Inc (NASDAQ:LIND) will announce earnings per share of ($0.05) for the current quarter, Zacks reports. Three analysts have made estimates for Lindblad Expeditions’ earnings, with the highest EPS estimate coming in at ($0.05) and the lowest estimate coming in at ($0.06). Lindblad Expeditions reported earnings of ($0.10) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 50%. The firm is scheduled to issue its next earnings results on Thursday, February 27th.

On average, 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 forecast that the firm will report earnings of $0.52 per share, with EPS estimates ranging from $0.45 to $0.61. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Lindblad Expeditions.

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

Several research firms have commented on LIND. BidaskClub cut Lindblad Expeditions from a “sell” rating to a “strong sell” rating in a report on Tuesday, November 19th. TheStreet lowered shares of Lindblad Expeditions from a “b-” rating to a “c+” rating in a report on Monday, September 30th. Sidoti raised shares of Lindblad Expeditions from a “neutral” rating to a “buy” rating in a research report on Thursday, October 31st. Zacks Investment Research downgraded shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. Finally, Imperial Capital reaffirmed an “outperform” rating and set a $22.00 price target (up previously from $21.00) on shares of Lindblad Expeditions in a research report on Tuesday, August 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Lindblad Expeditions currently has an average rating of “Hold” and an average price target of $18.40.

In other Lindblad Expeditions news, Director L. Dyson Dryden sold 11,855 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $18.26, for a total transaction of $216,472.30. Following the completion of the sale, the director now directly owns 1,354,990 shares in the company, valued at $24,742,117.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders have sold 96,938 shares of company stock valued at $1,726,562. 50.20% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LIND. Aperio Group LLC purchased a new stake in shares of Lindblad Expeditions during the 2nd quarter worth about $25,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position 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 worth $40,000 after purchasing an additional 940 shares during the period. Massey Quick Simon & CO. LLC bought a new position in Lindblad Expeditions in the 3rd quarter worth $53,000. Oppenheimer Asset Management Inc. boosted its stake in shares of Lindblad Expeditions by 48.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 4,385 shares of the company’s stock worth $79,000 after acquiring an additional 1,437 shares during the period. Finally, Bank of Montreal Can boosted its stake in Lindblad Expeditions by 36.9% in the 2nd quarter. Bank of Montreal Can now owns 5,823 shares of the company’s stock worth $105,000 after purchasing an additional 1,571 shares during the period. 56.22% of the stock is currently owned by institutional investors and hedge funds.

Lindblad Expeditions stock opened at $15.04 on Wednesday. The stock has a fifty day moving average price of $15.72 and a 200 day moving average price of $17.16. Lindblad Expeditions has a 52 week low of $11.98 and a 52 week high of $19.29. The firm has a market capitalization of $769.23 million, a P/E ratio of 62.67 and a beta of 0.12. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 1.73.

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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