23-05-2025
Texas Capital Securities Initiates a Buy Rating on Lindblad Expeditions Holdings (LIND)
Texas Capital Securities analyst Eric Wold initiated coverage with a Buy rating on Lindblad Expeditions Holdings (LIND – Research Report) today and set a price target of $16.00. The company's shares closed today at $10.07.
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Wold covers the Consumer Cyclical sector, focusing on stocks such as Malibu Boats, MasterCraft Boat Holdings, and Lindblad Expeditions Holdings. According to TipRanks, Wold has an average return of -16.5% and a 30.66% success rate on recommended stocks.
Currently, the analyst consensus on Lindblad Expeditions Holdings is a Moderate Buy with an average price target of $17.00.
Based on Lindblad Expeditions Holdings' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $179.72 million and a net profit of $1.16 million. In comparison, last year the company earned a revenue of $153.61 million and had a GAAP net loss of $3.98 million
Based on the recent corporate insider activity of 34 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.
