Lindblad Expeditions (NASDAQ:LIND) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Wednesday, January 3rd.

LIND has been the subject of several other research reports. Zacks Investment Research cut Lindblad Expeditions from a “hold” rating to a “sell” rating in a report on Thursday, December 28th. TheStreet upgraded Lindblad Expeditions from a “c” rating to a “b” rating in a report on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Lindblad Expeditions presently has a consensus rating of “Hold” and a consensus target price of $11.25.

Lindblad Expeditions (NASDAQ:LIND) opened at $9.59 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.20 and a debt-to-equity ratio of 1.31. The firm has a market cap of $442.52, a PE ratio of -241.25 and a beta of 0.92. Lindblad Expeditions has a one year low of $8.38 and a one year high of $11.26.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.16 by $0.04. Lindblad Expeditions had a positive return on equity of 2.47% and a negative net margin of 0.51%. equities analysts expect that Lindblad Expeditions will post 0.08 earnings per share for the current fiscal year.

In other news, Director John M. Fahey, Jr. bought 3,000 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was acquired at an average price of $9.80 per share, for a total transaction of $29,400.00. Following the acquisition, the director now owns 34,958 shares of the company’s stock, valued at $342,588.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 50.10% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the company. Trexquant Investment LP purchased a new stake in shares of Lindblad Expeditions during the 3rd quarter worth about $128,000. SG Americas Securities LLC acquired a new position in Lindblad Expeditions during the 3rd quarter worth approximately $164,000. Wells Fargo & Company MN lifted its position in Lindblad Expeditions by 0.3% during the 2nd quarter. Wells Fargo & Company MN now owns 16,086 shares of the company’s stock worth $169,000 after acquiring an additional 44 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Lindblad Expeditions during the 3rd quarter worth approximately $173,000. Finally, First Trust Advisors LP lifted its position in Lindblad Expeditions by 21.3% during the 2nd quarter. First Trust Advisors LP now owns 17,976 shares of the company’s stock worth $189,000 after acquiring an additional 3,161 shares in the last quarter. Institutional investors and hedge funds own 49.00% of the company’s stock.

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About Lindblad Expeditions

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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