Lindblad Expeditions (LIND) to Release Quarterly Earnings on Wednesday

Lindblad Expeditions (NASDAQ:LIND) is projected to announce its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $131.68 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Lindblad Expeditions Price Performance

Shares of LIND stock opened at $13.18 on Wednesday. The business’s 50 day simple moving average is $12.13 and its 200 day simple moving average is $10.94. Lindblad Expeditions has a one year low of $6.35 and a one year high of $14.34. The stock has a market capitalization of $718.31 million, a PE ratio of -17.57 and a beta of 3.11.

Insiders Place Their Bets

In other news, Director John M. Fahey, Jr. sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total transaction of $82,320.00. Following the transaction, the director now directly owns 123,754 shares of the company’s stock, valued at $1,455,347.04. This represents a 5.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 34.30% of the company’s stock.

Wall Street Analyst Weigh In

LIND has been the topic of a number of research analyst reports. Craig Hallum increased their price target on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. StockNews.com upgraded Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Lindblad Expeditions currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.25.

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.