Equities analysts forecast that Lindblad Expeditions Holdings Inc (NASDAQ:LIND) will announce earnings of $0.23 per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Lindblad Expeditions’ earnings. The lowest EPS estimate is $0.17 and the highest is $0.26. Lindblad Expeditions reported earnings of $0.24 per share in the same quarter last year, which indicates a negative year over year growth rate of 4.2%. The company is scheduled to report its next quarterly earnings report before the market opens on Thursday, May 2nd.

According to Zacks, analysts expect that Lindblad Expeditions will report full-year earnings of $0.44 per share for the current fiscal year, with EPS estimates ranging from $0.36 to $0.52. For the next year, analysts anticipate that the company will post earnings of $0.59 per share, with EPS estimates ranging from $0.51 to $0.65. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Lindblad Expeditions.

Lindblad Expeditions (NASDAQ:LIND) last issued its earnings results on Thursday, February 28th. The company reported ($0.10) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.01. Lindblad Expeditions had a return on equity of 9.80% and a net margin of 3.67%.

Several brokerages have weighed in on LIND. BidaskClub lowered Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Friday, March 22nd. Zacks Investment Research lowered Lindblad Expeditions from a “buy” rating to a “hold” rating in a report on Tuesday, January 8th. Imperial Capital reissued an “outperform” rating and set a $21.00 price target (up from $18.00) on shares of Lindblad Expeditions in a report on Friday, April 5th. ValuEngine raised Lindblad Expeditions from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 7th. Finally, Deutsche Bank set a $14.00 price target on Lindblad Expeditions and gave the company a “hold” rating in a report on Friday, March 1st. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $17.00.

In other news, insider Trey Byus sold 20,000 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $15.18, for a total transaction of $303,600.00. Following the transaction, the insider now directly owns 336,607 shares of the company’s stock, valued at $5,109,694.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 88,970 shares of company stock worth $1,381,181 over the last three months. Corporate insiders own 51.60% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. bought a new position in Lindblad Expeditions during the fourth quarter valued at about $37,000. Legal & General Group Plc boosted its stake in Lindblad Expeditions by 27.4% during the fourth quarter. Legal & General Group Plc now owns 4,286 shares of the company’s stock valued at $57,000 after buying an additional 921 shares in the last quarter. Strs Ohio bought a new position in Lindblad Expeditions during the fourth quarter valued at about $78,000. Metropolitan Life Insurance Co. NY boosted its stake in Lindblad Expeditions by 371.1% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,547 shares of the company’s stock valued at $102,000 after buying an additional 5,945 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in Lindblad Expeditions during the first quarter valued at about $178,000. 59.60% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ LIND opened at $16.17 on Friday. Lindblad Expeditions has a 1-year low of $10.82 and a 1-year high of $16.60. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.62. The firm has a market capitalization of $739.65 million and a price-to-earnings ratio of 67.38.

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.

Recommended Story: How to identify percentage decliners

Get a free copy of the Zacks research report on Lindblad Expeditions (LIND)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Lindblad Expeditions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lindblad Expeditions and related companies with MarketBeat.com's FREE daily email newsletter.