ValuEngine Upgrades Lincoln Educational Services (LINC) to Sell

Lincoln Educational Services (NASDAQ:LINC) was upgraded by ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research cut shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th.

Shares of Lincoln Educational Services (NASDAQ:LINC) opened at $1.84 on Friday. Lincoln Educational Services has a 52-week low of $1.68 and a 52-week high of $3.74. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.72 and a current ratio of 0.75. The company has a market cap of $44.99, a P/E ratio of -1.16, a P/E/G ratio of 0.91 and a beta of 2.72.

Lincoln Educational Services (NASDAQ:LINC) last posted its earnings results on Wednesday, November 8th. The company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.07). Lincoln Educational Services had a negative net margin of 15.45% and a negative return on equity of 35.57%. The firm had revenue of $67.31 million for the quarter, compared to analysts’ expectations of $67.57 million. During the same period in the previous year, the company earned ($0.02) EPS. The company’s revenue was down 9.4% on a year-over-year basis. equities analysts forecast that Lincoln Educational Services will post -0.48 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its stake in Lincoln Educational Services by 51.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 45,695 shares of the company’s stock valued at $142,000 after purchasing an additional 15,568 shares in the last quarter. Janus Henderson Group PLC acquired a new position in Lincoln Educational Services during the 2nd quarter valued at approximately $187,000. Essex Investment Management Co. LLC increased its stake in Lincoln Educational Services by 159.8% during the 3rd quarter. Essex Investment Management Co. LLC now owns 111,414 shares of the company’s stock valued at $279,000 after purchasing an additional 68,537 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its stake in Lincoln Educational Services by 103.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,598,872 shares of the company’s stock valued at $3,997,000 after purchasing an additional 813,960 shares in the last quarter. Institutional investors and hedge funds own 62.17% of the company’s stock.

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About Lincoln Educational Services

Lincoln Educational Services Corporation is a provider of post-secondary education. The Company operates in two segments: Transportation and Skilled Trades, and Transitional. The Transportation and Skilled Trades segment offers academic programs in the disciplines of transportation and skilled trades (automotive, diesel, heating, ventilation and air conditioning (HVAC), welding and manufacturing).

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