Lindblad Expeditions Holdings Inc (NASDAQ:LIND) has earned a consensus rating of “Hold” from the ten ratings firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $13.40.

A number of research firms have weighed in on LIND. Deutsche Bank reissued a “hold” rating and issued a $7.00 price objective on shares of Lindblad Expeditions in a research report on Friday, May 1st. Craig Hallum upped their price objective on shares of Lindblad Expeditions from $6.00 to $7.00 and gave the company a “hold” rating in a research report on Monday, May 4th. BidaskClub cut shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Sidoti cut shares of Lindblad Expeditions from a “buy” rating to a “neutral” rating in a research report on Monday, April 13th. Finally, Stifel Nicolaus upped their price objective on shares of Lindblad Expeditions from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, June 11th.

Lindblad Expeditions stock traded down $0.03 during trading on Thursday, reaching $7.72. 217,547 shares of the company’s stock were exchanged, compared to its average volume of 432,894. The company’s 50-day moving average is $7.89 and its two-hundred day moving average is $10.66. The company has a debt-to-equity ratio of 3.38, a quick ratio of 0.95 and a current ratio of 0.96. Lindblad Expeditions has a 52-week low of $3.01 and a 52-week high of $19.29. The firm has a market cap of $385.93 million, a price-to-earnings ratio of -126.58 and a beta of 2.29.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). Lindblad Expeditions had a positive return on equity of 4.97% and a negative net margin of 0.87%. The business had revenue of $81.24 million for the quarter, compared to analysts’ expectations of $85.36 million. Analysts anticipate that Lindblad Expeditions will post -1.29 EPS for the current year.

Institutional investors have recently modified their holdings of the company. Point72 Hong Kong Ltd raised its stake in shares of Lindblad Expeditions by 771.7% in the 4th quarter. Point72 Hong Kong Ltd now owns 1,970 shares of the company’s stock valued at $32,000 after purchasing an additional 1,744 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Lindblad Expeditions by 28.1% in the 4th quarter. Bank of Montreal Can now owns 6,784 shares of the company’s stock valued at $112,000 after purchasing an additional 1,489 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Lindblad Expeditions by 102.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 7,096 shares of the company’s stock valued at $30,000 after purchasing an additional 3,591 shares in the last quarter. Advisor Group Holdings Inc. acquired a new stake in shares of Lindblad Expeditions in the 1st quarter valued at about $31,000. Finally, London & Capital Asset Management Ltd acquired a new stake in shares of Lindblad Expeditions in the 1st quarter valued at about $44,000. Institutional investors and hedge funds own 52.67% of the company’s stock.

Lindblad Expeditions Company Profile

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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Analyst Recommendations for Lindblad Expeditions (NASDAQ:LIND)

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