Lindblad Expeditions Stock Has Exceptional Momentum at All-Time Highs

• Lindblad Expeditions (LIND) demonstrates exceptional momentum, gaining 160% over the past year.
• Shares recently hit a new all-time high.
• LIND holds a 100% “Buy” technical opinion from Barchart and has strong recent price appreciation.
• Analyst sentiment is mixed, but valuation concerns persist, with Morningstar viewing LIND as 27% overvalued.

Today’s Featured Stock

Valued at $2.24 billion, Lindblad Expeditions (LIND) is an expedition travel company. It produces marine expedition programs and promotes conservation and sustainable tourism. The company operates expeditions on intimately scaled ships and allows interaction between guests, crew, and teams of scientists, naturalists, researchers and photographers. 

What I’m Watching

I found today’s Chart of the Day by using Barchart’s powerful screening functions to sort for stocks with the highest technical buy signals and superior current momentum. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. LIND checks those boxes. The Trend Seeker issued a new “Buy” signal on July 10. Since then, the stock has gained 28.45%.

Barchart’s Technical Indicators for Lindblad Expeditions

Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.

Lindblad Expeditions scored an all-time high of $34.95 on August 5.

• Lindblad has a Weighted Alpha of 207.84.
• LIND has a 100% “Buy” opinion from Barchart.
• The stock has gained 161.26% over the past 52 weeks.
• Lindblad has its Trend Seeker “Buy” signal intact.
• The stock recently traded at $34.08 with a 50-day moving average of $26.38.
• LIND has made 12 new highs and gained 33.69% over the past month.
• 60-month beta of 2.24.
• Relative Strength Index (RSI) is at 79.65.
• There’s a technical support level around $33.63.

Don’t Forget the Fundamentals

• $2.24 billion market capitalization.
• Revenue is predicted to grow 10.30% this year and another 7.09% next year.
• Earnings are estimated to increase by 461.90% this year and an additional 119.65% next year.

Analyst and Investor Sentiment on Lindblad Expeditions

• The Wall Street analysts followed by Barchart give the stock 5 “Strong Buy” and 2 “Hold” opinions with price targets between $24 and $37.
• Value Line rates the stock “Average.”
• CFRA’s MarketScope rates the stock a “Hold.”
• Morningstar thinks the stock is 27% overvalued with a fair value of $26.71.
• 2,999 investors are following the stock on Seeking Alpha, which rates it a “Hold” but has a problem with its valuation
• Short interest is 8.77% of the float with 7.97 days to cover the float.

The Bottom Line on Lindblad Expeditions

Lindblad has a very loyal and solid following and should have increasing revenue. This could be a great long-term stock.

Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance.