Wall Street analysts predict that Lindblad Expeditions Holdings Inc (NASDAQ:LIND) will announce earnings per share of $0.05 for the current quarter, Zacks reports. Three analysts have provided estimates for Lindblad Expeditions’ earnings, with the highest EPS estimate coming in at $0.07 and the lowest estimate coming in at $0.03. The company is expected to announce its next earnings results on Thursday, August 1st.

On average, analysts expect that Lindblad Expeditions will report full year earnings of $0.51 per share for the current fiscal year, with EPS estimates ranging from $0.49 to $0.54. For the next financial year, analysts forecast that the firm will report earnings of $0.61 per share, with EPS estimates ranging from $0.53 to $0.70. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Lindblad Expeditions.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. The company had revenue of $89.65 million during the quarter, compared to analyst estimates of $95.13 million. Lindblad Expeditions had a net margin of 4.80% and a return on equity of 12.72%.

A number of equities research analysts have weighed in on LIND shares. TheStreet upgraded shares of Lindblad Expeditions from a “c+” rating to a “b-” rating in a research note on Monday, March 11th. Zacks Investment Research upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Wednesday, March 6th. Stifel Nicolaus started coverage on shares of Lindblad Expeditions in a research note on Friday, February 15th. They set a “buy” rating and a $17.00 target price for the company. BidaskClub upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Finally, Deutsche Bank set a $14.00 target price on shares of Lindblad Expeditions and gave the company a “hold” rating in a research note on Friday, March 1st. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Lindblad Expeditions currently has a consensus rating of “Buy” and a consensus price target of $17.00.

Shares of LIND opened at $16.81 on Tuesday. The firm has a market cap of $747.44 million, a price-to-earnings ratio of 70.04 and a beta of 0.06. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 1.50. Lindblad Expeditions has a 1-year low of $11.95 and a 1-year high of $17.04.

In other news, insider Trey Byus sold 2,367 shares of the business’s stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $16.29, for a total transaction of $38,558.43. Following the completion of the sale, the insider now owns 209,195 shares of the company’s stock, valued at approximately $3,407,786.55. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Benjamin Bressler sold 66,051 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $16.28, for a total transaction of $1,075,310.28. Following the sale, the insider now directly owns 86,900 shares of the company’s stock, valued at approximately $1,414,732. The disclosure for this sale can be found here. In the last three months, insiders have sold 308,476 shares of company stock valued at $4,905,002. Insiders own 51.60% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Oppenheimer Asset Management Inc. bought a new stake in shares of Lindblad Expeditions during the 4th quarter valued at $37,000. Legal & General Group Plc grew its position in shares of Lindblad Expeditions by 27.4% during the 4th quarter. Legal & General Group Plc now owns 4,286 shares of the company’s stock valued at $57,000 after acquiring an additional 921 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in Lindblad Expeditions by 18,404.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,441 shares of the company’s stock worth $68,000 after buying an additional 4,417 shares during the period. Strs Ohio bought a new position in Lindblad Expeditions in the 4th quarter worth $78,000. Finally, Metropolitan Life Insurance Co. NY boosted its holdings in Lindblad Expeditions by 371.1% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,547 shares of the company’s stock worth $102,000 after buying an additional 5,945 shares during the period. 60.62% of the stock is owned by hedge funds and other institutional investors.

About Lindblad Expeditions

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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