Lindblad Expeditions (NASDAQ:LIND) Stock Has Consensus Target Price of $31.00

Lindblad Expeditions (NASDAQ:LIND) has earned an average rating of “Moderate Buy” from the nine analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $31.00.

A number of equities research analysts recently weighed in on the company. Capital One Financial set a $31.00 price target on Lindblad Expeditions in a report on Monday, June 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lindblad Expeditions in a research note on Friday, July 17th. Wall Street Zen upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Sunday, September 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $30.00 price objective on shares of Lindblad Expeditions in a report on Thursday, September 17th. Finally, Texas Capital cut Lindblad Expeditions from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th.

Institutional Trading of Lindblad Expeditions

A number of institutional investors have recently bought and sold shares of the business. Allworth Financial LP boosted its position in Lindblad Expeditions by 168.8% during the second quarter. Allworth Financial LP now owns 1,363 shares of the company’s stock valued at $38,000 after purchasing an additional 856 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Lindblad Expeditions during the second quarter worth $25,000. Aristides Capital LLC grew its position in shares of Lindblad Expeditions by 4.7% in the fourth quarter. Aristides Capital LLC now owns 26,180 shares of the company’s stock valued at $378,000 after purchasing an additional 1,180 shares during the last quarter. Los Angeles Capital Management LLC grew its holdings in Lindblad Expeditions by 0.8% in the 4th quarter. Los Angeles Capital Management LLC now owns 163,116 shares of the company’s stock valued at $2,352,000 after buying an additional 1,267 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of Lindblad Expeditions by 10.0% during the first quarter. Quantinno Capital Management LP now owns 18,408 shares of the company’s stock worth $318,000 after buying an additional 1,668 shares in the last quarter. Institutional investors and hedge funds own 75.94% of the company’s stock.

Lindblad Expeditions Trading Down 3.0%

NASDAQ LIND opened at $35.01 on Thursday. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of -92.13 and a beta of 2.24. Lindblad Expeditions has a 1-year low of $11.37 and a 1-year high of $36.36. The stock’s 50 day moving average is $30.20 and its two-hundred day moving average is $25.04.

Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.08. The firm had revenue of $199.25 million during the quarter, compared to analyst estimates of $185.86 million. Lindblad Expeditions had a negative return on equity of 0.56% and a negative net margin of 2.08%. On average, analysts predict that Lindblad Expeditions will post 0.22 earnings per share for the current year.

About Lindblad Expeditions

Lindblad Expeditions Holdings, Inc is an expedition travel company that operates small-ship voyages and land-based adventures in environmentally and culturally significant destinations. Its trips emphasize exploration, education and conservation, and are designed to provide travelers with opportunities to observe wildlife, visit remote communities and learn from naturalists, historians and other expert guides.

The company operates under the Lindblad Expeditions and National Geographic Expeditions brands through a strategic relationship with National Geographic.