Craig Hallum Trims Lindblad Expeditions (NASDAQ:LIND) Target Price to $15.00

Lindblad Expeditions (NASDAQ:LIND – Get Rating) had its price objective lowered by Craig Hallum from $23.00 to $15.00 in a research report report published on Tuesday, The Fly reports. Craig Hallum currently has a buy rating on the stock.

Other equities research analysts have also issued research reports about the stock. Oppenheimer started coverage on shares of Lindblad Expeditions in a report on Thursday, April 21st. They set an outperform rating and a $20.00 price objective on the stock. StockNews.com raised shares of Lindblad Expeditions to a sell rating in a report on Tuesday, June 14th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Lindblad Expeditions from $16.00 to $14.00 in a report on Tuesday, May 17th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus target price of $16.25.

Lindblad Expeditions Stock Down 1.6 %

Shares of Lindblad Expeditions stock opened at $8.50 on Tuesday. The stock has a market capitalization of $433.01 million, a P/E ratio of -3.43 and a beta of 2.11. The company has a 50-day simple moving average of $9.43 and a 200 day simple moving average of $13.06. Lindblad Expeditions has a 12-month low of $6.29 and a 12-month high of $19.13.

Lindblad Expeditions (NASDAQ:LIND – Get Rating) last issued its quarterly earnings data on Monday, August 1st. The company reported ($0.59) EPS for the quarter, missing analysts’ consensus estimates of ($0.53) by ($0.06). During the same period in the previous year, the company earned ($0.71) EPS. On average, equities analysts anticipate that Lindblad Expeditions will post -2.03 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its stake in Lindblad Expeditions by 1.0% during the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 60,593 shares of the company’s stock worth $945,000 after acquiring an additional 603 shares during the last quarter. Oak Family Advisors LLC boosted its stake in Lindblad Expeditions by 3.0% during the 4th quarter. Oak Family Advisors LLC now owns 27,521 shares of the company’s stock worth $429,000 after acquiring an additional 796 shares during the last quarter. Rhumbline Advisers boosted its stake in Lindblad Expeditions by 3.9% during the 1st quarter. Rhumbline Advisers now owns 28,632 shares of the company’s stock worth $432,000 after acquiring an additional 1,067 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Lindblad Expeditions by 1.1% during the 1st quarter. Bank of New York Mellon Corp now owns 101,157 shares of the company’s stock worth $1,525,000 after acquiring an additional 1,075 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its stake in Lindblad Expeditions by 9.6% during the 4th quarter. Panagora Asset Management Inc. now owns 21,998 shares of the company’s stock worth $343,000 after acquiring an additional 1,935 shares during the last quarter. Institutional investors own 89.62% of the company’s stock.

About Lindblad Expeditions

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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.