Lindblad Expeditions, LLC (LIND) Expected to Post Earnings of -$0.06 Per Share

Equities research analysts expect that Lindblad Expeditions, LLC (NASDAQ:LIND) will announce earnings of ($0.06) per share for the current quarter, Zacks reports. Two analysts have issued estimates for Lindblad Expeditions’ earnings. The lowest EPS estimate is ($0.09) and the highest is ($0.03). Lindblad Expeditions also posted earnings per share of ($0.06) in the same quarter last year. The business is expected to issue its next earnings results on Thursday, August 2nd.

According to Zacks, analysts expect that Lindblad Expeditions will report full-year earnings of $0.23 per share for the current financial year, with EPS estimates ranging from $0.19 to $0.27. For the next year, analysts anticipate that the company will report earnings of $0.30 per share, with EPS estimates ranging from $0.26 to $0.33. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that that provide coverage for Lindblad Expeditions.

Lindblad Expeditions (NASDAQ:LIND) last announced its earnings results on Thursday, May 3rd. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.21. The company had revenue of $82.41 million for the quarter, compared to analyst estimates of $77.51 million. Lindblad Expeditions had a return on equity of 12.46% and a net margin of 0.54%.



A number of analysts have issued reports on the company. ValuEngine raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. BidaskClub lowered Lindblad Expeditions from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Citigroup cut their target price on Lindblad Expeditions from $13.00 to $11.00 and set a “buy” rating on the stock in a research report on Monday, March 5th. Imperial Capital boosted their price target on shares of Lindblad Expeditions from $12.00 to $14.00 and gave the stock an “outperform” rating in a research note on Friday, May 4th. Finally, Zacks Investment Research upgraded shares of Lindblad Expeditions from a “hold” rating to a “strong-buy” rating and set a $13.00 price target for the company in a research note on Tuesday, May 8th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Lindblad Expeditions currently has an average rating of “Buy” and a consensus target price of $12.25.

Shares of Lindblad Expeditions opened at $12.10 on Thursday, according to Marketbeat Ratings. The company has a market capitalization of $572.45 million, a price-to-earnings ratio of 134.44 and a beta of -0.41. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.06 and a current ratio of 1.07. Lindblad Expeditions has a 52-week low of $8.66 and a 52-week high of $13.00.

In other Lindblad Expeditions news, Director John M. Fahey, Jr. purchased 20,000 shares of the company’s stock in a transaction on Friday, March 2nd. The stock was acquired at an average price of $9.27 per share, for a total transaction of $185,400.00. Following the completion of the purchase, the director now directly owns 41,958 shares in the company, valued at approximately $388,950.66. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, insider Trey Byus sold 25,000 shares of the business’s stock in a transaction on Friday, May 11th. The stock was sold at an average price of $11.53, for a total transaction of $288,250.00. The disclosure for this sale can be found here. In the last 90 days, insiders acquired 40,000 shares of company stock valued at $372,200. Insiders own 51.60% of the company’s stock.

Several hedge funds have recently modified their holdings of the stock. Swiss National Bank grew its stake in shares of Lindblad Expeditions by 13.8% during the first quarter. Swiss National Bank now owns 38,641 shares of the company’s stock worth $397,000 after purchasing an additional 4,700 shares in the last quarter. Monarch Partners Asset Management LLC grew its stake in shares of Lindblad Expeditions by 17.1% during the fourth quarter. Monarch Partners Asset Management LLC now owns 49,990 shares of the company’s stock worth $489,000 after purchasing an additional 7,300 shares in the last quarter. Citadel Advisors LLC grew its stake in shares of Lindblad Expeditions by 12.6% during the first quarter. Citadel Advisors LLC now owns 68,341 shares of the company’s stock worth $701,000 after purchasing an additional 7,662 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Lindblad Expeditions by 57.0% during the third quarter. Wells Fargo & Company MN now owns 25,247 shares of the company’s stock worth $270,000 after purchasing an additional 9,161 shares in the last quarter. Finally, Two Sigma Investments LP grew its stake in shares of Lindblad Expeditions by 26.0% during the fourth quarter. Two Sigma Investments LP now owns 47,574 shares of the company’s stock worth $466,000 after purchasing an additional 9,822 shares in the last quarter. Hedge funds and other institutional investors own 48.25% of the company’s stock.

Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and 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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Earnings History and Estimates for Lindblad Expeditions (NASDAQ:LIND)

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