Somewhat Negative News Coverage Somewhat Unlikely to Impact Lindblad Expeditions Holdings (LIND) Stock Price
Media headlines about Lindblad Expeditions Holdings (NASDAQ:LIND) have been trending somewhat negative recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lindblad Expeditions Holdings earned a media sentiment score of -0.03 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.3670833800047 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
LIND has been the topic of a number of analyst reports. BidaskClub downgraded Lindblad Expeditions Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. Deutsche Bank AG reiterated a “hold” rating and set a $10.00 price objective (up previously from $9.50) on shares of Lindblad Expeditions Holdings in a research report on Wednesday, August 9th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $11.25.
Shares of Lindblad Expeditions Holdings (LIND) traded down 0.65% during trading on Friday, reaching $10.71. The company had a trading volume of 45,690 shares. The firm’s 50 day moving average price is $10.82 and its 200 day moving average price is $9.91. The firm’s market capitalization is $482.66 million. Lindblad Expeditions Holdings has a 12 month low of $7.75 and a 12 month high of $11.26.
Lindblad Expeditions Holdings (NASDAQ:LIND) last announced its earnings results on Thursday, August 3rd. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.02. The firm had revenue of $55.57 million for the quarter, compared to analysts’ expectations of $50.84 million. Lindblad Expeditions Holdings had a positive return on equity of 0.87% and a negative net margin of 1.30%. Equities analysts predict that Lindblad Expeditions Holdings will post $0.13 EPS for the current year.
In other Lindblad Expeditions Holdings news, insider Benjamin Bressler sold 51,120 shares of the stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $10.44, for a total transaction of $533,692.80. Following the sale, the insider now owns 227,357 shares in the company, valued at approximately $2,373,607.08. The sale was disclosed in a legal filing with the SEC, which is available through this link. 50.10% of the stock is currently owned by corporate insiders.
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Lindblad Expeditions Holdings Company Profile
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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