Brokerages expect that Lindblad Expeditions Holdings Inc (NASDAQ:LIND) will report $0.15 earnings per share for the current quarter, Zacks reports. Three analysts have provided estimates for Lindblad Expeditions’ earnings, with the lowest EPS estimate coming in at $0.10 and the highest estimate coming in at $0.19. Lindblad Expeditions reported earnings per share of $0.31 during the same quarter last year, which would indicate a negative year-over-year growth rate of 51.6%. The firm is expected to issue its next quarterly earnings results on Thursday, May 7th.
On average, analysts expect that Lindblad Expeditions will report full-year earnings of $0.48 per share for the current year, with EPS estimates ranging from $0.39 to $0.55. For the next fiscal year, analysts forecast that the company will report earnings of $0.56 per share, with EPS estimates ranging from $0.45 to $0.66. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Lindblad Expeditions.
Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings data on Tuesday, February 25th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.01. Lindblad Expeditions had a net margin of 3.99% and a return on equity of 15.08%. The firm had revenue of $75.80 million during the quarter, compared to analysts’ expectations of $76.70 million.
Shares of NASDAQ LIND opened at $5.68 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 1.77. Lindblad Expeditions has a 52 week low of $3.01 and a 52 week high of $19.29. The firm has a 50-day moving average price of $11.04 and a 200 day moving average price of $15.16. The stock has a market capitalization of $249.10 million, a price-to-earnings ratio of 19.59 and a beta of 0.63.
In other Lindblad Expeditions news, Director John M. Fahey, Jr. bought 10,000 shares of the business’s stock in a transaction on Friday, March 13th. The stock was bought at an average price of $7.02 per share, for a total transaction of $70,200.00. Following the completion of the transaction, the director now owns 77,431 shares in the company, valued at approximately $543,565.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark Ein bought 50,000 shares of the business’s stock in a transaction on Monday, March 16th. The shares were acquired at an average price of $4.47 per share, with a total value of $223,500.00. Following the transaction, the director now owns 247,143 shares of the company’s stock, valued at approximately $1,104,729.21. The disclosure for this purchase can be found here. Insiders own 50.20% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of LIND. Select Equity Group L.P. grew its holdings in shares of Lindblad Expeditions by 892.2% during the third quarter. Select Equity Group L.P. now owns 805,613 shares of the company’s stock worth $13,502,000 after buying an additional 724,418 shares in the last quarter. ValueAct Holdings L.P. grew its holdings in shares of Lindblad Expeditions by 24.8% during the fourth quarter. ValueAct Holdings L.P. now owns 3,568,118 shares of the company’s stock worth $58,339,000 after buying an additional 707,930 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Lindblad Expeditions during the fourth quarter worth about $6,561,000. ArrowMark Colorado Holdings LLC grew its holdings in shares of Lindblad Expeditions by 1,318.1% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 330,523 shares of the company’s stock worth $5,404,000 after buying an additional 307,216 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Lindblad Expeditions by 415.0% during the third quarter. Millennium Management LLC now owns 380,443 shares of the company’s stock worth $6,376,000 after buying an additional 306,565 shares in the last quarter. Institutional investors and hedge funds own 57.61% of the company’s stock.
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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