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

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

Lindblad Expeditions Stock Performance

Lindblad Expeditions stock traded down $0.14 during midday trading on Thursday, reaching $11.00. The stock had a trading volume of 1,034,220 shares, compared to its average volume of 292,487. The firm’s fifty day simple moving average is $12.11 and its 200-day simple moving average is $11.13. Lindblad Expeditions has a 1-year low of $6.35 and a 1-year high of $14.34. The stock has a market capitalization of $599.54 million, a P/E ratio of -14.67 and a beta of 3.11.

Insider Activity at Lindblad Expeditions

In other Lindblad Expeditions news, Director John M. Fahey, Jr. sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total value of $82,320.00. Following the completion of the transaction, the director now directly owns 123,754 shares in the company, valued at $1,455,347.04. This trade represents a 5.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 34.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on LIND. Craig Hallum raised their price target on Lindblad Expeditions from $12.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. StockNews.com raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $14.25.

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.