While Lindblad Expeditions Holdings Inc has underperformed by -2.99%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LIND fell by -7.70%, with highs and lows ranging from $14.34 to $6.35, whereas the simple moving average fell by -26.41% in the last 200 days.
On November 10, 2023, B. Riley Securities started tracking Lindblad Expeditions Holdings Inc (NASDAQ: LIND) recommending Buy. A report published by William Blair on November 03, 2022, Upgraded its rating to ‘Outperform’ for LIND. Oppenheimer also rated LIND shares as ‘Outperform’, setting a target price of $20 on the company’s shares in an initiating report dated April 22, 2022. Craig Hallum July 23, 2021d its ‘Hold’ rating to ‘Buy’ for LIND, as published in its report on July 23, 2021. Sidoti also rated the stock as ‘Buy’.
Analysis of Lindblad Expeditions Holdings Inc (LIND)
Further, the quarter-over-quarter increase in sales is 18.54%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Lindblad Expeditions Holdings Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 0.71, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and LIND is recording an average volume of 334.67K. On a monthly basis, the volatility of the stock is set at 6.63%, whereas on a weekly basis, it is put at 10.27%, with a loss of -18.68% over the past seven days. Furthermore, long-term investors anticipate a median target price of $17.00, showing growth from the present price of $7.79, which can serve as yet another indication of whether LIND is worth investing in or should be passed over.
How Do You Analyze Lindblad Expeditions Holdings Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 32.59%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 64.99% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LIND shares are owned by institutional investors to the tune of 64.99% at present.
