Equities research analysts expect that Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) will announce sales of $68.44 million for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Lindblad Expeditions Holdings’ earnings, with estimates ranging from $55.38 million to $81.50 million. Lindblad Expeditions Holdings reported sales of $70.77 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 3.3%. The firm is expected to report its next quarterly earnings results on Friday, November 3rd.

On average, analysts expect that Lindblad Expeditions Holdings will report full year sales of $68.44 million for the current fiscal year, with estimates ranging from $186.58 million to $274.20 million. For the next fiscal year, analysts anticipate that the business will post sales of $278.95 million per share, with estimates ranging from $230.09 million to $327.80 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that cover Lindblad Expeditions Holdings.

Lindblad Expeditions Holdings (NASDAQ:LIND) last posted its quarterly earnings data on Thursday, August 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.02. The business had revenue of $55.57 million during the quarter, compared to the consensus estimate of $50.84 million. Lindblad Expeditions Holdings had a positive return on equity of 0.87% and a negative net margin of 1.30%.

A number of research analysts have recently issued reports on the company. BidaskClub raised Lindblad Expeditions Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Zacks Investment Research raised Lindblad Expeditions Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, May 16th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $10.00 price objective (up from $9.50) on shares of Lindblad Expeditions Holdings in a research note on Wednesday, August 9th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $11.20.

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In other Lindblad Expeditions Holdings news, COO Ian Rogers sold 38,717 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $10.01, for a total transaction of $387,557.17. Following the completion of the sale, the chief operating officer now directly owns 198,368 shares of the company’s stock, valued at approximately $1,985,663.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Benjamin Bressler sold 14,931 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $10.77, for a total value of $160,806.87. Following the sale, the insider now directly owns 188,157 shares of the company’s stock, valued at $2,026,450.89. The disclosure for this sale can be found here. Insiders sold a total of 108,107 shares of company stock valued at $1,115,480 over the last ninety days. 50.10% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the business. California State Teachers Retirement System grew its holdings in shares of Lindblad Expeditions Holdings by 19.1% in the second quarter. California State Teachers Retirement System now owns 35,565 shares of the company’s stock valued at $373,000 after acquiring an additional 5,700 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Lindblad Expeditions Holdings by 39.6% in the second quarter. The Manufacturers Life Insurance Company now owns 20,088 shares of the company’s stock valued at $211,000 after acquiring an additional 5,694 shares in the last quarter. Scholtz & Company LLC bought a new position in shares of Lindblad Expeditions Holdings in the second quarter valued at approximately $494,000. State Street Corp grew its holdings in shares of Lindblad Expeditions Holdings by 12.9% in the second quarter. State Street Corp now owns 287,672 shares of the company’s stock valued at $3,019,000 after acquiring an additional 32,774 shares in the last quarter. Finally, Picton Mahoney Asset Management grew its holdings in shares of Lindblad Expeditions Holdings by 21.0% in the second quarter. Picton Mahoney Asset Management now owns 92,600 shares of the company’s stock valued at $972,000 after acquiring an additional 16,100 shares in the last quarter. 48.95% of the stock is owned by hedge funds and other institutional investors.

Lindblad Expeditions Holdings (NASDAQ LIND) traded up 0.09% on Friday, hitting $10.90. The company had a trading volume of 104,554 shares. Lindblad Expeditions Holdings has a one year low of $7.75 and a one year high of $11.26. The company’s market capitalization is $491.22 million. The stock’s 50-day moving average price is $10.48 and its 200 day moving average price is $9.69.

Lindblad Expeditions Holdings Company Profile

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services in the United States. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest interactivity. The company operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions.

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Earnings History and Estimates for Lindblad Expeditions Holdings (NASDAQ:LIND)

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