Lindblad Expeditions (NASDAQ:LIND – Get Free Report)’s share worth gapped up earlier than the market opened on Monday after the corporate introduced higher than anticipated quarterly earnings. The inventory had beforehand closed at $11.73, however opened at $12.78. Lindblad Expeditions shares final traded at $11.74, with a quantity of 83,926 shares buying and selling palms.
The corporate reported ($0.18) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.11. The agency had income of $167.95 million throughout the quarter, in comparison with the consensus estimate of $158.97 million.
Analyst Upgrades and Downgrades
Various equities analysts have issued experiences on the inventory. Stifel Nicolaus raised their worth goal on shares of Lindblad Expeditions from $17.00 to $18.00 and gave the inventory a “purchase” ranking in a analysis report on Tuesday. Craig Hallum set a $16.00 goal worth on shares of Lindblad Expeditions and gave the corporate a “purchase” ranking in a report on Friday, Might twenty third. Lastly, Wall Road Zen lowered shares of Lindblad Expeditions from a “purchase” ranking to a “maintain” ranking in a report on Saturday.
View Our Newest Inventory Report on Lindblad Expeditions
Insider Transactions at Lindblad Expeditions
In associated information, CEO Benjamin Bressler offered 7,567 shares of Lindblad Expeditions inventory in a transaction on Monday, August 4th. The shares had been offered at a mean worth of $13.05, for a complete worth of $98,749.35. Following the sale, the chief government officer owned 23,466 shares of the corporate’s inventory, valued at roughly $306,231.30. This commerce represents a 24.38% lower of their place. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which may be accessed by means of the SEC web site. Company insiders personal 34.00% of the corporate’s inventory.
Institutional Traders Weigh In On Lindblad Expeditions
Various massive buyers have not too long ago modified their holdings of the enterprise. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Lindblad Expeditions by 4.7% throughout the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,292 shares of the corporate’s inventory value $241,000 after shopping for a further 912 shares within the final quarter. Graham Capital Administration L.P. grew its holdings in shares of Lindblad Expeditions by 4.3% within the fourth quarter. Graham Capital Administration L.P. now owns 31,748 shares of the corporate’s inventory valued at $377,000 after buying a further 1,315 shares throughout the interval. Quantbot Applied sciences LP grew its holdings in shares of Lindblad Expeditions by 28.3% within the first quarter. Quantbot Applied sciences LP now owns 6,090 shares of the corporate’s inventory valued at $56,000 after buying a further 1,345 shares throughout the interval. Hunter Associates Funding Administration LLC grew its holdings in shares of Lindblad Expeditions by 0.7% within the second quarter. Hunter Associates Funding Administration LLC now owns 223,490 shares of the corporate’s inventory valued at $2,606,000 after buying a further 1,600 shares throughout the interval. Lastly, Occudo Quantitative Methods LP grew its holdings in shares of Lindblad Expeditions by 21.2% within the fourth quarter. Occudo Quantitative Methods LP now owns 13,762 shares of the corporate’s inventory valued at $163,000 after buying a further 2,409 shares throughout the interval. Hedge funds and different institutional buyers personal 75.94% of the corporate’s inventory.
Lindblad Expeditions Worth Efficiency
The inventory’s fifty day shifting common is $11.81 and its 200-day shifting common is $10.88. The inventory has a market cap of $745.70 million, a PE ratio of -45.43 and a beta of two.71.
Lindblad Expeditions Firm Profile
(Get Free Report)
Lindblad Expeditions Holdings, Inc gives marine expedition adventures and journey expertise worldwide. It operates by means of Lindblad and Land Experiences section. Lindblad section gives ship-based expeditions aboard personalized, nimble, and intimately-scaled vessels, which presents up-close experiences within the planet’s wild and distant locations, and capitals of tradition; and presents expedition ship which is provided with state-of-the-art instruments for in-depth exploration with infrastructure and ports, corresponding to Antarctica and the Arctic, and locations that accessed by a ship comprising Galápagos Islands, Alaska, Baja California’s Sea of Cortez and Panama, and foster engagement actions.
Additional Studying
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