Lindblad Expeditions Holdings Inc. (LIND) Scheduled to Post Earnings on Tuesday
Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) is set to release its earnings data before the market opens on Tuesday, November 7th. Analysts expect Lindblad Expeditions Holdings to post earnings of $0.16 per share for the quarter.
Lindblad Expeditions Holdings (NASDAQ:LIND) last released its quarterly earnings results on Thursday, August 3rd. The company reported ($0.06) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.02. Lindblad Expeditions Holdings had a positive return on equity of 0.87% and a negative net margin of 1.30%. The company had revenue of $55.57 million for the quarter, compared to analyst estimates of $50.84 million. On average, analysts expect Lindblad Expeditions Holdings to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Lindblad Expeditions Holdings Inc. (LIND) traded down $0.01 during mid-day trading on Monday, reaching $10.69. The company’s stock had a trading volume of 31,942 shares, compared to its average volume of 113,501. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.07 and a current ratio of 1.08. Lindblad Expeditions Holdings Inc. has a twelve month low of $7.91 and a twelve month high of $11.26. The stock has a market capitalization of $482.21, a price-to-earnings ratio of 1,070.00 and a beta of 1.21.
In other news, insider Benjamin Bressler sold 14,931 shares of the stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $10.77, for a total value of $160,806.87. Following the transaction, the insider now owns 188,157 shares in the company, valued at approximately $2,026,450.89. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 50.10% of the company’s stock.
A hedge fund recently raised its stake in Lindblad Expeditions Holdings stock. State Street Corp grew its holdings in Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) by 12.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 287,672 shares of the company’s stock after acquiring an additional 32,774 shares during the quarter. State Street Corp owned about 0.64% of Lindblad Expeditions Holdings worth $3,019,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 49.68% of the company’s stock.
Several equities research analysts have weighed in on LIND shares. BidaskClub downgraded Lindblad Expeditions Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Deutsche Bank AG reiterated a “hold” rating and issued a $10.00 price objective (up previously from $9.50) on shares of Lindblad Expeditions Holdings in a report on Wednesday, August 9th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $11.25.
About Lindblad Expeditions Holdings
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services in the United States. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest interactivity. The company operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions.
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