Lindblad Expeditions Holdings Inc (NASDAQ: LIND): Can The Stock Still Lose Despite An -5.77% YTD Loss?

Lindblad Expeditions Holdings Inc (NASDAQ:LIND)’s traded shares stood at 0.61 million during the latest session, with the company’s beta value hitting 3.03. At the last check today, the stock’s price was $10.62, to imply an increase of 19.59% or $1.74 in intraday trading. The LIND share’s 52-week high remains $11.53, putting it -8.57% down since that peak but still an impressive 48.49% since price per share fell to its 52-week low of $5.47. The company has a valuation of $576.88M, with an average of 0.33 million shares in intraday trading volume over the past 10 days and average of 299.50K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Lindblad Expeditions Holdings Inc (LIND), translating to a mean rating of 1.00. Of 4 analyst(s) looking at the stock, 1 analyst(s) give LIND a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.18.

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Lindblad Expeditions Holdings Inc (NASDAQ:LIND) trade information

After registering a 19.59% upside in the latest session, Lindblad Expeditions Holdings Inc (LIND) has traded red over the past five days. The 5-day price performance for the stock is 44.88%, and 11.55% over 30 days. With these gigs, the year-to-date price performance is -5.77%. Short interest in Lindblad Expeditions Holdings Inc (NASDAQ:LIND) saw shorts transact 2.19 million shares and set a 8.77 days time to cover.

The extremes give us $10 and $20 for target low and target high price respectively. As such, LIND has been trading -88.32% off suggested target high and 5.84% from its likely low.

Lindblad Expeditions Holdings Inc (LIND) estimates and forecasts

Looking at statistics comparing Lindblad Expeditions Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. Lindblad Expeditions Holdings Inc (LIND) shares are 14.94% up over the last 6 months, with its year-to-date growth rate higher than industry average at 37.23% against 5.60%. Revenue is forecast to grow 125.00% this quarter before jumping 54.70% for the next one. The rating firms project that company’s revenue will grow 9.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is 193.97M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 140.03M.

LIND Dividends

Lindblad Expeditions Holdings Inc has its next earnings report out in September. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Lindblad Expeditions Holdings Inc (NASDAQ:LIND)’s Major holders

Lindblad Expeditions Holdings Inc insiders hold 31.90% of total outstanding shares, with institutional holders owning 70.97% of the shares at 104.21% float percentage. In total, 70.97% institutions holds shares in the company, led by ARIEL INVESTMENTS, LLC. As of 2024-06-30, the company held over 8.57 million shares (or 16.0478% of shares), all amounting to roughly $82.65 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 2.63 million shares, or about 4.9323% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $25.4 million.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Lindblad Expeditions Holdings Inc (LIND) shares. Going by data provided on Mar 31, 2024, Vanguard Total Stock Market Index Fund holds roughly 1.02 shares. This is just over 1.88% of the total shares, with a market valuation of $10.84 million. Data from the same date shows that the other fund manager holds a little less at 855.62, or 1.58% of the shares, all valued at about 9.08 million.