Lindblad Expeditions Holdings (LIND) Getting Somewhat Positive Press Coverage, Study Finds
Media headlines about Lindblad Expeditions Holdings (NASDAQ:LIND) have trended somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lindblad Expeditions Holdings earned a news impact score of 0.23 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.260700834721 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
LIND has been the subject of several analyst reports. BidaskClub downgraded Lindblad Expeditions Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. Deutsche Bank AG reiterated a “hold” rating and set a $10.00 price objective (up from $9.50) on shares of Lindblad Expeditions Holdings in a research report on Wednesday, August 9th. Finally, Zacks Investment Research upgraded Lindblad Expeditions Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $11.20.
Lindblad Expeditions Holdings (NASDAQ LIND) traded down 1.27% during midday trading on Wednesday, reaching $10.87. The company’s stock had a trading volume of 46,290 shares. The firm has a 50-day moving average price of $10.37 and a 200 day moving average price of $9.64. The stock’s market capitalization is $489.87 million. Lindblad Expeditions Holdings has a 52-week low of $7.75 and a 52-week high of $11.26.
Lindblad Expeditions Holdings (NASDAQ:LIND) last issued its quarterly earnings results on Thursday, August 3rd. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.02. The business had revenue of $55.57 million during the quarter, compared to analyst estimates of $50.84 million. Lindblad Expeditions Holdings had a negative net margin of 1.30% and a positive return on equity of 0.87%. Equities research analysts predict that Lindblad Expeditions Holdings will post $0.13 EPS for the current fiscal year.
In other Lindblad Expeditions Holdings news, insider Benjamin Bressler sold 51,120 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $10.44, for a total value 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 through this hyperlink. Also, COO Ian Rogers sold 38,717 shares of the firm’s stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $10.01, for a total transaction of $387,557.17. Following the completion of the transaction, the chief operating officer now directly owns 198,368 shares in the company, valued at $1,985,663.68. The disclosure for this sale can be found here. In the last three months, insiders sold 108,107 shares of company stock valued at $1,115,480. 50.10% of the stock is currently owned by company insiders.
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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.
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