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Lindblad Expeditions shares surge 28.5% after July 10 buy signal
The stock is up 160% over the past year, with earnings estimates projected to rise 461.9% this year and 119.7% next year, according to Barchart data.
Lindblad Expeditions (LIND) is showing strong market momentum, gaining 28.45% since a new “Buy” signal was issued on July 10, according to Yahoo Finance's summary of Barchart technical indicators.
Over a longer stretch, the stock has advanced 160% over the past year and carries a 100% “Buy” technical opinion from Barchart, though analyst sentiment is described as mixed and valuation concerns remain.
Morningstar’s view, as cited in the piece, is that Lindblad Expeditions is 27% overvalued, even as recent price appreciation continues.
Barchart also notes that Wall Street analysts following the company have issued five “Strong Buy” and two “Hold” opinions, with price targets ranging from $24 to $37, alongside earnings estimate growth of 461.90% this year and an additional 119.65% next year.