Analysts forecast that Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) will announce $55.71 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Lindblad Expeditions’ earnings, with the lowest sales estimate coming in at $45.61 million and the highest estimate coming in at $65.80 million. Lindblad Expeditions posted sales of $56.13 million in the same quarter last year, which would indicate a negative year over year growth rate of 0.7%. The firm is expected to issue its next earnings results on Tuesday, March 6th.
On average, analysts expect that Lindblad Expeditions will report full-year sales of $55.71 million for the current financial year, with estimates ranging from $186.58 million to $269.10 million. For the next financial year, analysts anticipate that the business will post sales of $263.75 million per share, with estimates ranging from $230.09 million to $297.40 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for Lindblad Expeditions.
Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings results on Tuesday, November 7th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.04. Lindblad Expeditions had a negative net margin of 0.51% and a positive return on equity of 2.47%.
Lindblad Expeditions (NASDAQ LIND) opened at $9.36 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.20 and a debt-to-equity ratio of 1.31. Lindblad Expeditions has a 1-year low of $8.38 and a 1-year high of $11.26. The stock has a market cap of $435.70, a price-to-earnings ratio of -232.25 and a beta of 0.92.
In related news, Director John M. Fahey, Jr. acquired 3,000 shares of the company’s stock in a transaction dated Tuesday, December 19th. The shares were purchased at an average cost of $9.80 per share, with a total value of $29,400.00. Following the completion of the acquisition, the director now directly owns 34,958 shares of the company’s stock, valued at $342,588.40. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 50.10% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of LIND. Trexquant Investment LP acquired a new position in Lindblad Expeditions during the third quarter valued at $128,000. SG Americas Securities LLC acquired a new position in Lindblad Expeditions during the third quarter valued at $164,000. Wells Fargo & Company MN lifted its position in Lindblad Expeditions by 0.3% during the second quarter. Wells Fargo & Company MN now owns 16,086 shares of the company’s stock valued at $169,000 after purchasing an additional 44 shares during the period. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Lindblad Expeditions during the third quarter valued at $173,000. Finally, The Manufacturers Life Insurance Company lifted its position in Lindblad Expeditions by 39.6% during the second quarter. The Manufacturers Life Insurance Company now owns 20,088 shares of the company’s stock valued at $211,000 after purchasing an additional 5,694 shares during the period. Institutional investors own 49.00% of the company’s stock.
Lindblad Expeditions Company Profile
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.
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