Lindblad Expeditions (LIND) to Release Quarterly Earnings on Thursday

Lindblad Expeditions (NASDAQ:LIND) is projected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $131.68 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Lindblad Expeditions Trading Down 1.9 %

Shares of Lindblad Expeditions stock opened at $10.98 on Wednesday. Lindblad Expeditions has a 12-month low of $6.35 and a 12-month high of $14.34. The firm has a market capitalization of $598.45 million, a price-to-earnings ratio of -14.64 and a beta of 3.11. The firm’s 50 day simple moving average is $12.14 and its two-hundred day simple moving average is $11.13.

Analysts Set New Price Targets

A number of research analysts have issued reports on LIND shares. StockNews.com upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Craig Hallum increased their price objective on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $14.25.

Insider Transactions at Lindblad Expeditions

In related news, Director John M. Fahey, Jr. sold 7,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $11.76, for a total transaction of $82,320.00. Following the sale, the director now owns 123,754 shares in the company, valued at approximately $1,455,347.04. This trade represents a 5.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 34.30% of the company’s stock.

Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.