Equities research analysts expect Lindblad Expeditions Holdings Inc (NASDAQ:LIND) to report earnings per share (EPS) of $0.23 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Lindblad Expeditions’ earnings, with estimates ranging from $0.21 to $0.26. Lindblad Expeditions reported earnings per share of $0.11 during the same quarter last year, which indicates a positive year over year growth rate of 109.1%. The company is expected to issue its next earnings report on Friday, November 1st.

On average, analysts expect that Lindblad Expeditions will report full year earnings of $0.51 per share for the current fiscal year, with EPS estimates ranging from $0.47 to $0.54. For the next financial year, analysts forecast that the firm will report earnings of $0.61 per share, with EPS estimates ranging from $0.48 to $0.68. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Lindblad Expeditions.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.03). The business had revenue of $76.66 million during the quarter, compared to the consensus estimate of $79.58 million. Lindblad Expeditions had a return on equity of 12.98% and a net margin of 4.96%.

A number of brokerages have recently commented on LIND. Sidoti lowered shares of Lindblad Expeditions from a “buy” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research report on Tuesday, July 2nd. Imperial Capital reissued an “outperform” rating and issued a $22.00 price objective (up previously from $21.00) on shares of Lindblad Expeditions in a research report on Tuesday, August 6th. Deutsche Bank reissued a “hold” rating and issued a $15.00 price objective on shares of Lindblad Expeditions in a research report on Sunday, August 4th. BidaskClub raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Saturday, August 3rd. Finally, ValuEngine lowered shares of Lindblad Expeditions from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $18.40.

In other Lindblad Expeditions news, insider Trey Byus sold 17,000 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $16.52, for a total transaction of $280,840.00. Following the completion of the transaction, the insider now owns 183,895 shares in the company, valued at approximately $3,037,945.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Benjamin Bressler sold 66,051 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $16.28, for a total value of $1,075,310.28. Following the transaction, the insider now owns 86,900 shares of the company’s stock, valued at approximately $1,414,732. The disclosure for this sale can be found here. Insiders have sold 150,051 shares of company stock worth $2,508,852 over the last ninety days. Insiders own 50.20% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ValueAct Holdings L.P. raised its stake in shares of Lindblad Expeditions by 4.2% in the second quarter. ValueAct Holdings L.P. now owns 3,012,298 shares of the company’s stock valued at $54,071,000 after acquiring an additional 121,467 shares in the last quarter. BlackRock Inc. raised its position in Lindblad Expeditions by 17.7% during the second quarter. BlackRock Inc. now owns 1,743,220 shares of the company’s stock worth $31,293,000 after acquiring an additional 262,362 shares in the last quarter. Brown Advisory Inc. raised its position in Lindblad Expeditions by 0.3% during the second quarter. Brown Advisory Inc. now owns 1,699,748 shares of the company’s stock worth $30,512,000 after acquiring an additional 5,560 shares in the last quarter. Citigroup Inc. raised its position in Lindblad Expeditions by 28,380.2% during the first quarter. Citigroup Inc. now owns 1,663,245 shares of the company’s stock worth $25,364,000 after acquiring an additional 1,657,405 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Lindblad Expeditions by 2.1% during the second quarter. Vanguard Group Inc. now owns 1,308,238 shares of the company’s stock worth $23,482,000 after acquiring an additional 26,414 shares in the last quarter. Institutional investors and hedge funds own 55.40% of the company’s stock.

Shares of LIND stock traded up $0.22 during trading on Monday, reaching $18.44. The company’s stock had a trading volume of 138,653 shares, compared to its average volume of 190,035. The business has a fifty day moving average price of $18.23 and a 200-day moving average price of $16.17. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 1.46. The company has a market cap of $914.64 million, a price-to-earnings ratio of 76.83 and a beta of 0.16. Lindblad Expeditions has a one year low of $11.98 and a one year high of $19.20.

About Lindblad Expeditions

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It delivers voyages through a fleet of eight owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand.

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