Lindblad Expeditions (NASDAQ:LIND) Posts Earnings Results, Misses Expectations By $0.23 EPS

Lindblad Expeditions (NASDAQ:LIND) issued its quarterly earnings results on Thursday. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.23), Zacks reports. Lindblad Expeditions updated its FY 2025 guidance to EPS.

Lindblad Expeditions Price Performance

NASDAQ LIND traded down $0.14 on Thursday, hitting $11.00. 1,034,220 shares of the company were exchanged, compared to its average volume of 292,487. The company’s 50 day moving average price is $12.11 and its 200-day moving average price is $11.13. The firm has a market capitalization of $599.54 million, a P/E ratio of -14.67 and a beta of 3.11. Lindblad Expeditions has a twelve month low of $6.35 and a twelve month high of $14.34.

Analyst Upgrades and Downgrades

A number of research firms have commented on LIND. Craig Hallum lifted their price objective on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. StockNews.com raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $14.25.

Insiders Place Their Bets

In other Lindblad Expeditions news, Director John M. Fahey, Jr. sold 7,000 shares of Lindblad Expeditions stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total transaction of $82,320.00. Following the transaction, the director now owns 123,754 shares of the company’s stock, valued at $1,455,347.04. The trade was a 5.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 34.30% of the company’s stock.

Lindblad Expeditions Company Profile

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.