Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) have earned an average rating of "Buy" from the nine analysts that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $11.25.
A number of equities analysts have recently weighed in on LIND shares. BidaskClub cut Lindblad Expeditions from a "buy" rating to a "hold" rating in a report on Saturday, September 26th. Zacks Investment Research upgraded Lindblad Expeditions from a "sell" rating to a "hold" rating in a report on Saturday, October 31st. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $7.00 price target on shares of Lindblad Expeditions in a report on Wednesday, August 12th. Finally, ValuEngine upgraded Lindblad Expeditions from a "buy" rating to a "strong-buy" rating in a report on Monday, November 2nd.
Shares of NASDAQ:LIND opened at $11.76 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.09 and a debt-to-equity ratio of 6.51. The business has a fifty day moving average of $9.20 and a two-hundred day moving average of $8.46. The stock has a market cap of $586.53 million, a P/E ratio of -8.22 and a beta of 2.34. Lindblad Expeditions has a 52-week low of $3.01 and a 52-week high of $18.34.
Lindblad Expeditions (NASDAQ:LIND) last issued its earnings results on Thursday, October 29th. The company reported ($0.56) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.64) by $0.08. The company had revenue of $1.02 million during the quarter, compared to analysts' expectations of $0.60 million. Lindblad Expeditions had a negative return on equity of 71.47% and a negative net margin of 0.87%. On average, equities analysts anticipate that Lindblad Expeditions will post -1.91 earnings per share for the current year.
In other news, Director Jr. Thomas S. Smith bought 214,952 shares of the firm's stock in a transaction that occurred on Thursday, September 3rd. The shares were purchased at an average price of $11.07 per share, with a total value of $2,379,518.64. Following the purchase, the director now owns 272,984 shares in the company, valued at $3,021,932.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Benjamin Bressler sold 66,055 shares of the stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $10.10, for a total value of $667,155.50. Following the transaction, the insider now directly owns 20,500 shares in the company, valued at approximately $207,050. The disclosure for this sale can be found here. 38.90% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of LIND. Assenagon Asset Management S.A. acquired a new stake in Lindblad Expeditions in the 3rd quarter valued at about $3,785,000. Lionstone Capital Management LLC raised its position in Lindblad Expeditions by 48.1% in the 3rd quarter. Lionstone Capital Management LLC now owns 929,387 shares of the company's stock valued at $7,909,000 after purchasing an additional 302,000 shares in the last quarter. Tygh Capital Management Inc. acquired a new stake in Lindblad Expeditions in the 2nd quarter valued at about $2,165,000. Pier Capital LLC raised its position in Lindblad Expeditions by 47.1% in the 2nd quarter. Pier Capital LLC now owns 525,152 shares of the company's stock valued at $4,054,000 after purchasing an additional 168,062 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in Lindblad Expeditions by 42.4% in the 2nd quarter. Principal Financial Group Inc. now owns 531,240 shares of the company's stock valued at $4,101,000 after purchasing an additional 158,203 shares in the last quarter. 50.02% of the stock is currently owned by hedge funds and other institutional investors.
Lindblad Expeditions Company Profile
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel experiences. 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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