$0.16 EPS Expected for Lindblad Expeditions Holdings Inc. (LIND) This Quarter
Equities analysts forecast that Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) will report earnings per share (EPS) of $0.16 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Lindblad Expeditions Holdings’ earnings. The lowest EPS estimate is $0.14 and the highest is $0.18. Lindblad Expeditions Holdings also reported earnings per share of $0.16 during the same quarter last year. The company is expected to report its next quarterly earnings report before the market opens on Friday, November 3rd.
On average, analysts expect that Lindblad Expeditions Holdings will report full-year earnings of $0.12 per share for the current year, with EPS estimates ranging from $0.09 to $0.14. For the next year, analysts anticipate that the business 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 averages are a mean average based on a survey of research firms that follow Lindblad Expeditions Holdings.
Several brokerages have issued reports on LIND. 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 reissued 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 research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $11.25.
In other news, insider Benjamin Bressler sold 14,931 shares of the company’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $10.77, for a total transaction of $160,806.87. Following the transaction, the insider now directly owns 188,157 shares of the company’s stock, valued at approximately $2,026,450.89. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 50.10% of the company’s stock.
Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Lindblad Expeditions Holdings by 5.0% during the 2nd quarter. Vanguard Group Inc. now owns 895,952 shares of the company’s stock worth $9,408,000 after purchasing an additional 42,954 shares during the period. Epoch Investment Partners Inc. grew its stake in shares of Lindblad Expeditions Holdings by 98.9% during the 2nd quarter. Epoch Investment Partners Inc. now owns 828,861 shares of the company’s stock worth $8,703,000 after purchasing an additional 412,038 shares during the period. State Street Corp grew its stake in shares of Lindblad Expeditions Holdings by 12.9% during the 2nd quarter. State Street Corp now owns 287,672 shares of the company’s stock worth $3,019,000 after purchasing an additional 32,774 shares during the period. Penn Capital Management Co. Inc. grew its stake in shares of Lindblad Expeditions Holdings by 11.1% during the 2nd quarter. Penn Capital Management Co. Inc. now owns 267,062 shares of the company’s stock worth $2,804,000 after purchasing an additional 26,771 shares during the period. Finally, Northern Trust Corp grew its stake in shares of Lindblad Expeditions Holdings by 50.9% during the 2nd quarter. Northern Trust Corp now owns 262,499 shares of the company’s stock worth $2,756,000 after purchasing an additional 88,538 shares during the period. 49.68% of the stock is currently owned by institutional investors and hedge funds.
Lindblad Expeditions Holdings (NASDAQ LIND) opened at $10.63 on Friday. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.08 and a quick ratio of 1.07. The stock has a market cap of $482.21, a price-to-earnings ratio of 1,070.00 and a beta of 1.21. Lindblad Expeditions Holdings has a 12 month low of $7.91 and a 12 month high of $11.26.
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Lindblad Expeditions Holdings 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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