Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) has a beta value of 2.27 and has seen 789,058 shares traded in the last trading session. The company, currently valued at $586.53 Million, closed the last trade at $11.76 per share which meant it lost -$0.26 on the day or -2.16% during that session. The LIND stock price is -55.95% off its 52-week high price of $18.34 and 74.4% above the 52-week low of $3.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 455.38 Million shares traded. The 3-month trading volume is 566.74 Million shares.
The consensus among analysts is that Lindblad Expeditions Holdings, Inc. (LIND) is an Overweight stock at the moment, with a recommendation rating of 2.2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 3 out of 6 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.58.
Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) trade information
Despite being -2.16% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Nov 18 when the LIND stock price touched $12.63- or saw a rise of 6.85%. Year-to-date, Lindblad Expeditions Holdings, Inc. shares have moved -28.07%, while the 5-day performance has seen it change 10.42%. Over the past 30 days, the shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) have changed 31.25%. Short interest in the company has seen 1.29 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $8.67, which means that the shares’ value could jump -26.28% from current levels. The projected low price target is $7 while the price target rests at a high of $12. In that case, then, we find that the current price level is +2.04% off the targeted high while a plunge would see the stock lose -40.48% from current levels.
Lindblad Expeditions Holdings, Inc. (LIND) estimates and forecasts
Figures show that Lindblad Expeditions Holdings, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +51.74% over the past 6 months, with this year growth rate of -807.14%, compared to -15.4% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -1833.3% and -1150% for the next quarter. Revenue growth from the last financial year stood is estimated to be -75.9%.
4 analysts offering their estimates for the company have set an average revenue estimate of $1.25 Million for the current quarter. 4 have an estimated revenue figure of $13.58 Million for the next quarter concluding in March 01, 2021. Year-ago sales stood $75.8 Million and $81.24 Million respectively for this quarter and the next, and analysts expect sales will grow by -98.4% for the current quarter and -83.3% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -11% over the past 5 years. Earnings growth for 2020 is a modest +19.5% while over the next 5 years, the company’s earnings are expected to increase by 25%.
Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)’s Major holders
Insiders own 39.64% of the company shares, while shares held by institutions stand at 56.15% with a share float percentage of 93.04%. Investors are also buoyed by the number of investors in a company, with Lindblad Expeditions Holdings, Inc. having a total of 162 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 2.04 Million shares worth more than $17.39 Million. As of September 29, 2020, Blackrock Inc. held 4.1% of shares outstanding.
The other major institutional holder is Credit Suisse Ag/, with the holding of over 1.74 Million shares as of September 29, 2020. The firm’s total holdings are worth over $14.77 Million and represent 3.48% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Fidelity Small Cap Growth Fund. As of June 29, 2020, the former fund manager holds about 1.22% shares in the company for having 610468 shares of worth $4.71 Million while later fund manager owns 570.04 Thousand shares of worth $4.13 Million as of July 30, 2020, which makes it owner of about 1.14% of company’s outstanding stock.