Lincoln Educational Services Corp (NASDAQ:LINC) – Analysts at Barrington Research reduced their Q4 2018 EPS estimates for Lincoln Educational Services in a research note issued to investors on Wednesday, November 7th. Barrington Research analyst A. Paris. Jr now anticipates that the company will post earnings of $0.33 per share for the quarter, down from their prior forecast of $0.34. Barrington Research currently has a “Outperform” rating and a $3.50 target price on the stock.
A number of other analysts have also commented on the stock. Zacks Investment Research raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $2.25 price objective for the company in a research note on Tuesday, August 14th. ValuEngine raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research note on Friday, November 2nd.
Shares of NASDAQ LINC opened at $2.70 on Friday. Lincoln Educational Services has a twelve month low of $1.49 and a twelve month high of $2.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.77 and a quick ratio of 0.73. The stock has a market capitalization of $60.13 million, a price-to-earnings ratio of -5.63 and a beta of 2.10.
Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings results on Wednesday, November 7th. The company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.07). Lincoln Educational Services had a negative net margin of 1.85% and a negative return on equity of 12.10%. The business had revenue of $70.08 million during the quarter, compared to analyst estimates of $69.34 million.
A hedge fund recently raised its stake in Lincoln Educational Services stock. Prescott Group Capital Management L.L.C. raised its position in shares of Lincoln Educational Services Corp (NASDAQ:LINC) by 72.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 596,734 shares of the company’s stock after buying an additional 250,000 shares during the quarter. Prescott Group Capital Management L.L.C. owned 2.42% of Lincoln Educational Services worth $1,038,000 at the end of the most recent quarter. 62.95% of the stock is owned by institutional investors and hedge funds.
About Lincoln Educational Services
Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in three segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional.
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