Analysts Expect Lindblad Expeditions Holdings Inc (NASDAQ:LIND) Will Post Earnings of -$0.04 Per Share

Analysts predict that Lindblad Expeditions Holdings Inc (NASDAQ:LIND) will report ($0.04) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Lindblad Expeditions’ earnings, with estimates ranging from ($0.06) to $0.02. Lindblad Expeditions posted earnings of ($0.10) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 60%. The business is scheduled to issue its next quarterly earnings results on Thursday, February 27th.

According to Zacks, analysts expect that Lindblad Expeditions will report full year earnings of $0.29 per share for the current year, with EPS estimates ranging from $0.26 to $0.34. For the next financial year, analysts expect that the firm will post earnings of $0.56 per share, with EPS estimates ranging from $0.45 to $0.68. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow Lindblad Expeditions.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings data on Wednesday, October 30th. The company reported ($0.01) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.24). Lindblad Expeditions had a return on equity of 12.77% and a net margin of 3.11%. The business had revenue of $100.98 million during the quarter, compared to the consensus estimate of $104.55 million.

LIND has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Lindblad Expeditions from a “sell” rating to a “hold” rating in a research report on Wednesday, January 8th. BidaskClub cut shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a research note on Thursday. TheStreet cut shares of Lindblad Expeditions from a “b-” rating to a “c+” rating in a research note on Monday, September 30th. Sidoti cut shares of Lindblad Expeditions from a “buy” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research note on Tuesday, January 14th. Finally, Janney Montgomery Scott assumed coverage on shares of Lindblad Expeditions in a research note on Tuesday, December 17th. They set a “buy” rating and a $19.00 target price on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Lindblad Expeditions currently has a consensus rating of “Hold” and a consensus price target of $19.43.

A number of institutional investors have recently made changes to their positions in the business. Massey Quick Simon & CO. LLC purchased a new stake in shares of Lindblad Expeditions during the third quarter worth about $53,000. Bank of Montreal Can grew its stake in shares of Lindblad Expeditions by 36.9% during the second quarter. Bank of Montreal Can now owns 5,823 shares of the company’s stock worth $105,000 after acquiring an additional 1,571 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Lindblad Expeditions by 47.0% during the third quarter. Oppenheimer Asset Management Inc. now owns 6,444 shares of the company’s stock worth $108,000 after acquiring an additional 2,059 shares during the last quarter. Black Diamond Financial LLC purchased a new stake in shares of Lindblad Expeditions during the third quarter worth about $241,000. Finally, Barclays PLC grew its stake in shares of Lindblad Expeditions by 7.8% during the third quarter. Barclays PLC now owns 22,730 shares of the company’s stock worth $381,000 after acquiring an additional 1,653 shares during the last quarter. Institutional investors and hedge funds own 56.04% of the company’s stock.

NASDAQ LIND traded up $0.50 during trading on Friday, hitting $17.86. The company had a trading volume of 164,000 shares, compared to its average volume of 147,752. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 1.73. Lindblad Expeditions has a one year low of $11.98 and a one year high of $19.29. The company has a market cap of $861.54 million, a price-to-earnings ratio of 81.19 and a beta of 0.13. The company’s fifty day moving average is $16.56 and its 200-day moving average is $17.08.

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.

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