Brokerages Set Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) PT at $16.25

Lindblad Expeditions Holdings, Inc. (NASDAQ:LINDGet Rating) has earned a consensus rating of “Hold” from the six ratings firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $16.25.

A number of equities research analysts have recently commented on the stock. Stifel Nicolaus dropped their price objective on shares of Lindblad Expeditions from $23.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday. Oppenheimer began coverage on shares of Lindblad Expeditions in a research note on Thursday, April 21st. They issued an “outperform” rating and a $20.00 price target on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Lindblad Expeditions from $16.00 to $14.00 in a research note on Tuesday, May 17th. Craig Hallum dropped their price target on shares of Lindblad Expeditions from $23.00 to $15.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, StockNews.com raised shares of Lindblad Expeditions to a “sell” rating in a research note on Tuesday, June 14th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Amalgamated Bank purchased a new position in Lindblad Expeditions in the 1st quarter valued at $75,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Lindblad Expeditions by 177.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,220 shares of the company’s stock worth $97,000 after acquiring an additional 3,982 shares during the period. BNP Paribas Arbitrage SA raised its holdings in shares of Lindblad Expeditions by 37.4% during the 4th quarter. BNP Paribas Arbitrage SA now owns 8,766 shares of the company’s stock worth $137,000 after acquiring an additional 2,388 shares during the period. SG Americas Securities LLC purchased a new position in shares of Lindblad Expeditions during the 2nd quarter worth $91,000. Finally, Ensign Peak Advisors Inc purchased a new position in shares of Lindblad Expeditions during the 4th quarter worth $197,000. Hedge funds and other institutional investors own 89.62% of the company’s stock.

Lindblad Expeditions Trading Up 1.8 %

Shares of NASDAQ:LIND opened at $8.64 on Tuesday. Lindblad Expeditions has a twelve month low of $6.29 and a twelve month high of $19.13. The company’s 50 day moving average is $9.55 and its 200 day moving average is $13.13. The company has a market cap of $440.14 million, a PE ratio of -3.48 and a beta of 2.11.

Lindblad Expeditions (NASDAQ:LINDGet Rating) last issued its quarterly earnings results on Monday, August 1st. The company reported ($0.59) earnings per share for the quarter, missing the consensus estimate of ($0.53) by ($0.06). During the same period in the prior year, the business posted ($0.71) EPS. Equities research analysts predict that Lindblad Expeditions will post -1.97 earnings per share for the current fiscal year.

Lindblad Expeditions Company Profile

(Get Rating)

Lindblad Expeditions Holdings, Inc provides expedition cruising and land-based adventure travel experiences. The company delivers voyages through a fleet of ten 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.

Further Reading

Analyst Recommendations for Lindblad Expeditions (NASDAQ:LIND)

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