Analysts Anticipate Lindblad Expeditions Holdings Inc. (LIND) Will Announce Earnings of $0.08 Per Share

Wall Street analysts predict that Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) will report earnings of $0.08 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Lindblad Expeditions Holdings’ earnings, with estimates ranging from $0.06 to $0.09. The company is scheduled to announce its next quarterly earnings report before the market opens on Tuesday, May 9th.

According to Zacks, analysts expect that Lindblad Expeditions Holdings will report full year earnings of $0.22 per share for the current financial year, with EPS estimates ranging from $0.19 to $0.26. For the next fiscal year, analysts forecast that the business will report earnings of $0.30 per share, with EPS estimates ranging from $0.22 to $0.37. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Lindblad Expeditions Holdings.

Lindblad Expeditions Holdings (NASDAQ:LIND) last posted its quarterly earnings data on Tuesday, March 7th. The company reported ($0.19) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by $0.15. Lindblad Expeditions Holdings had a return on equity of 10.92% and a net margin of 5.63%. The firm had revenue of $56.13 million for the quarter, compared to analyst estimates of $34.76 million.

Several equities research analysts have issued reports on the stock. Citigroup Inc reiterated a “buy” rating and set a $11.00 target price (down from $11.50) on shares of Lindblad Expeditions Holdings in a research report on Saturday, April 22nd. Imperial Capital assumed coverage on shares of Lindblad Expeditions Holdings in a research report on Tuesday, April 18th. They set an “outperform” rating and a $12.00 target price for the company. Zacks Investment Research lowered shares of Lindblad Expeditions Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. Finally, Sidoti assumed coverage on shares of Lindblad Expeditions Holdings in a research report on Tuesday, April 4th. They set a “buy” rating and a $12.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $11.50.

Lindblad Expeditions Holdings (NASDAQ:LIND) traded up 0.32% during midday trading on Thursday, hitting $9.50. 100,667 shares of the stock traded hands. The stock’s 50-day moving average price is $9.06 and its 200 day moving average price is $9.16. The company has a market capitalization of $429.63 million and a price-to-earnings ratio of 95.00. Lindblad Expeditions Holdings has a 52 week low of $7.75 and a 52 week high of $10.70.

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In other Lindblad Expeditions Holdings news, COO Ian Rogers sold 64,244 shares of Lindblad Expeditions Holdings stock in a transaction that occurred on Monday, March 20th. The shares were sold at an average price of $8.80, for a total transaction of $565,347.20. Following the completion of the sale, the chief operating officer now directly owns 479,166 shares in the company, valued at $4,216,660.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last quarter, insiders have sold 197,720 shares of company stock valued at $1,475,870.

Large investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. raised its stake in shares of Lindblad Expeditions Holdings by 25.9% in the first quarter. Russell Investments Group Ltd. now owns 188,000 shares of the company’s stock valued at $1,684,000 after buying an additional 38,700 shares during the last quarter. Malaga Cove Capital LLC raised its stake in shares of Lindblad Expeditions Holdings by 108.9% in the first quarter. Malaga Cove Capital LLC now owns 71,430 shares of the company’s stock valued at $641,000 after buying an additional 37,230 shares during the last quarter. Nationwide Fund Advisors raised its stake in shares of Lindblad Expeditions Holdings by 855.1% in the first quarter. Nationwide Fund Advisors now owns 89,064 shares of the company’s stock valued at $798,000 after buying an additional 79,739 shares during the last quarter. Kirr Marbach & Co. LLC IN raised its stake in shares of Lindblad Expeditions Holdings by 1.2% in the first quarter. Kirr Marbach & Co. LLC IN now owns 31,990 shares of the company’s stock valued at $287,000 after buying an additional 375 shares during the last quarter. Finally, Rice Hall James & Associates LLC raised its stake in shares of Lindblad Expeditions Holdings by 2.9% in the first quarter. Rice Hall James & Associates LLC now owns 38,769 shares of the company’s stock valued at $347,000 after buying an additional 1,096 shares during the last quarter. Institutional investors and hedge funds own 43.30% of the company’s stock.

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