Lindblad Expeditions Holdings Inc. (LIND) Expected to Post Earnings of $0.16 Per Share
Equities analysts predict that Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) will post $0.16 earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for Lindblad Expeditions Holdings’ earnings. The highest EPS estimate is $0.18 and the lowest is $0.14. Lindblad Expeditions Holdings also posted earnings of $0.16 per share in the same quarter last year. The business is scheduled to report its next quarterly earnings results on Friday, November 3rd.
According to Zacks, analysts expect that Lindblad Expeditions Holdings will report full-year earnings of $0.12 per share for the current fiscal year, with EPS estimates ranging from $0.09 to $0.14. For the next year, analysts forecast that the firm will report earnings of $0.26 per share, with EPS estimates ranging from $0.10 to $0.42. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Lindblad Expeditions Holdings.
Lindblad Expeditions Holdings (NASDAQ:LIND) last issued its quarterly earnings data on Thursday, August 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the Zacks’ 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 0.87%. The business had revenue of $55.57 million for the quarter, compared to the consensus estimate of $50.84 million.
A number of analysts recently weighed in on the stock. BidaskClub raised shares of Lindblad Expeditions Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $10.00 price objective (up from $9.50) on shares of Lindblad Expeditions Holdings in a research note on Wednesday, August 9th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $11.25.
In other news, insider Benjamin Bressler sold 51,120 shares of Lindblad Expeditions Holdings stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $10.44, for a total transaction of $533,692.80. Following the transaction, the insider now directly owns 227,357 shares of the company’s stock, valued at $2,373,607.08. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 50.10% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of LIND. Vanguard Group Inc. lifted its position in Lindblad Expeditions Holdings by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 852,998 shares of the company’s stock valued at $7,643,000 after acquiring an additional 8,224 shares in the last quarter. Geode Capital Management LLC lifted its position in Lindblad Expeditions Holdings by 4.9% in the 1st quarter. Geode Capital Management LLC now owns 162,053 shares of the company’s stock valued at $1,451,000 after acquiring an additional 7,501 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Lindblad Expeditions Holdings by 52.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 152,117 shares of the company’s stock valued at $1,363,000 after buying an additional 52,593 shares during the last quarter. Bank of America Corp DE increased its stake in Lindblad Expeditions Holdings by 120.9% in the 1st quarter. Bank of America Corp DE now owns 18,684 shares of the company’s stock valued at $167,000 after buying an additional 10,225 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new stake in Lindblad Expeditions Holdings in the 1st quarter valued at $1,039,000. 48.98% of the stock is currently owned by institutional investors and hedge funds.
Shares of Lindblad Expeditions Holdings (NASDAQ:LIND) remained flat at $$10.70 during mid-day trading on Friday. 108,236 shares of the company’s stock traded hands, compared to its average volume of 98,019. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.46. The stock has a market cap of $482.21, a P/E ratio of 1,070.00 and a beta of 0.61. Lindblad Expeditions Holdings has a twelve month low of $7.91 and a twelve month high of $11.26.
COPYRIGHT VIOLATION NOTICE: “Lindblad Expeditions Holdings Inc. (LIND) Expected to Post Earnings of $0.16 Per Share” was reported by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was illegally copied and republished in violation of US & international copyright & trademark laws. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/11/04/lindblad-expeditions-holdings-inc-lind-expected-to-post-earnings-of-0-16-per-share.html.
About Lindblad Expeditions Holdings
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services in the United States. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Lindblad Expeditions Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lindblad Expeditions Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.