Lindblad Expeditions (LIND) Set to Announce Earnings on Tuesday

Lindblad Expeditions (NASDAQ:LIND) will announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Lindblad Expeditions has set its FY 2024 guidance at EPS.Investors that wish to register for the company’s conference call can do so using this link.

Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.24). The firm had revenue of $136.50 million for the quarter, compared to analyst estimates of $137.39 million. On average, analysts expect Lindblad Expeditions to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lindblad Expeditions Stock Performance

Lindblad Expeditions stock opened at $9.40 on Friday. The firm’s fifty day simple moving average is $9.72 and its 200-day simple moving average is $8.72. Lindblad Expeditions has a 1-year low of $5.47 and a 1-year high of $11.53.

Insider Buying and Selling

In other news, Director Alex P. Schultz bought 15,278 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The shares were purchased at an average price of $7.17 per share, for a total transaction of $109,543.26. Following the acquisition, the director now directly owns 232,301 shares of the company’s stock, valued at $1,665,598.17. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Alex P. Schultz acquired 15,278 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were bought at an average price of $7.17 per share, for a total transaction of $109,543.26. Following the acquisition, the director now owns 232,301 shares in the company, valued at $1,665,598.17. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sven-Olof Lindblad acquired 32,117 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were bought at an average price of $7.95 per share, for a total transaction of $255,330.15. Following the acquisition, the chief executive officer now owns 11,825,063 shares in the company, valued at approximately $94,009,250.85. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 49,895 shares of company stock worth $384,173 in the last quarter. 34.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on LIND shares. Stifel Nicolaus cut their price target on shares of Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, August 9th. B. Riley lifted their target price on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.25.

About Lindblad Expeditions

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.