Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) – Analysts at Imperial Capital cut their Q3 2017 earnings per share (EPS) estimates for shares of Lindblad Expeditions Holdings in a research note issued on Friday. Imperial Capital analyst G. Kelly now expects that the company will post earnings of $0.14 per share for the quarter, down from their prior forecast of $0.22. Imperial Capital has a “Outperform” rating and a $12.00 price objective on the stock. Imperial Capital also issued estimates for Lindblad Expeditions Holdings’ Q4 2017 earnings at $0.04 EPS, Q1 2018 earnings at $0.12 EPS, FY2018 earnings at $0.42 EPS and FY2019 earnings at $0.49 EPS.

Several other research analysts have also recently commented on the stock. BidaskClub cut shares of Lindblad Expeditions Holdings from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 2nd. Zacks Investment Research upgraded shares of Lindblad Expeditions Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, May 16th. Finally, Citigroup Inc. restated a “buy” rating and set a $11.00 target price (down previously from $11.50) on shares of Lindblad Expeditions Holdings in a report on Saturday, April 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Lindblad Expeditions Holdings presently has an average rating of “Hold” and an average target price of $11.50.

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Shares of Lindblad Expeditions Holdings (LIND) opened at 10.18 on Monday. The company has a 50 day moving average of $10.05 and a 200 day moving average of $9.41. The firm’s market cap is $459.09 million. Lindblad Expeditions Holdings has a 1-year low of $7.75 and a 1-year high of $10.73.

Lindblad Expeditions Holdings (NASDAQ:LIND) last released its quarterly earnings data on Thursday, August 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.02. Lindblad Expeditions Holdings had a negative net margin of 1.30% and a positive return on equity of 0.86%. The business had revenue of $55.57 million during the quarter, compared to analyst estimates of $50.84 million.

In other Lindblad Expeditions Holdings news, COO Ian Rogers sold 11,779 shares of the stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $9.50, for a total value of $111,900.50. Following the completion of the sale, the chief operating officer now owns 295,029 shares in the company, valued at $2,802,775.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 117,606 shares of company stock valued at $1,168,206. Corporate insiders own 50.10% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the stock. First Trust Advisors LP boosted its stake in shares of Lindblad Expeditions Holdings by 21.3% in the second quarter. First Trust Advisors LP now owns 17,976 shares of the company’s stock worth $189,000 after buying an additional 3,161 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Lindblad Expeditions Holdings by 120.9% in the first quarter. Bank of America Corp DE now owns 18,684 shares of the company’s stock worth $167,000 after buying an additional 10,225 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Lindblad Expeditions Holdings by 67.2% in the second quarter. Rhumbline Advisers now owns 22,243 shares of the company’s stock worth $234,000 after buying an additional 8,936 shares in the last quarter. Pinnacle Associates Ltd. boosted its stake in shares of Lindblad Expeditions Holdings by 33.5% in the first quarter. Pinnacle Associates Ltd. now owns 23,822 shares of the company’s stock worth $213,000 after buying an additional 5,983 shares in the last quarter. Finally, Monarch Partners Asset Management LLC purchased a new stake in shares of Lindblad Expeditions Holdings during the second quarter worth approximately $317,000. Hedge funds and other institutional investors own 45.73% of the company’s stock.

Earnings History and Estimates for Lindblad Expeditions Holdings (NASDAQ:LIND)

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