In a report released today, Alex Fuhrman from Craig-Hallum maintained a Buy rating on Lindblad Expeditions Holdings (LIND – Research Report). The company’s shares closed last Friday at $7.29.
Fuhrman covers the Consumer Cyclical sector, focusing on stocks such as WW International, Lands’ End, and Lindblad Expeditions Holdings. According to TipRanks, Fuhrman has an average return of -4.1% and a 38.03% success rate on recommended stocks.
Lindblad Expeditions Holdings has an analyst consensus of Strong Buy, with a price target consensus of $13.33, an 82.85% upside from current levels. In a report released on April 21, B.Riley Financial also reiterated a Buy rating on the stock with a $14.00 price target.
Based on Lindblad Expeditions Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $175.99 million and a net profit of $5.64 million. In comparison, last year the company earned a revenue of $144.78 million and had a GAAP net loss of $8.73 million
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LIND in relation to earlier this year.
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Lindblad Expeditions Holdings (LIND) Company Description:
Lindblad Expeditions Holdings, Inc. engages in the provision of expedition cruising and travel services. It operates through the Lindblad and Natural Habitat segments. The Lindblad segment primarily includes sea-based expeditions. The Natural Habitat segment offers land-based, eco-conscious expeditions. The company was founded by Sven-Olof Lindblad on August 9, 2010 and is headquartered in New York, NY.
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