Zacks: Analysts Set $4.25 Price Target for Lincoln Educational Services Corp (LINC)

Lincoln Educational Services Corp (NASDAQ:LINC) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus price objective of $4.25 for the company and are expecting that the company will post ($0.22) EPS for the current quarter, according to Zacks. Zacks has also assigned Lincoln Educational Services an industry rank of 31 out of 255 based on the ratings given to its competitors.

A number of research firms have issued reports on LINC. ValuEngine cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $3.50 target price on the stock in a research report on Saturday, March 9th. Finally, TheStreet upgraded Lincoln Educational Services from a “d+” rating to a “c” rating in a research report on Friday, March 8th.

Lincoln Educational Services stock opened at $3.20 on Friday. Lincoln Educational Services has a 12-month low of $1.55 and a 12-month high of $3.34. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $78.85 million, a price-to-earnings ratio of -11.85, a price-to-earnings-growth ratio of 1.50 and a beta of 0.95.

Lincoln Educational Services (NASDAQ:LINC) last released its earnings results on Wednesday, March 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.13). Lincoln Educational Services had a negative net margin of 2.49% and a negative return on equity of 17.96%. The business had revenue of $70.11 million during the quarter, compared to the consensus estimate of $68.61 million. As a group, equities analysts anticipate that Lincoln Educational Services will post 0.13 earnings per share for the current fiscal year.

An institutional investor recently raised its position in Lincoln Educational Services stock. 22NW LP lifted its position in shares of Lincoln Educational Services Corp (NASDAQ:LINC) by 23.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,453,783 shares of the company’s stock after purchasing an additional 274,314 shares during the period. Lincoln Educational Services comprises 2.9% of 22NW LP’s investment portfolio, making the stock its 11th largest holding. 22NW LP owned approximately 5.90% of Lincoln Educational Services worth $4,652,000 at the end of the most recent quarter. 64.83% of the stock is owned by institutional investors.

Lincoln Educational Services Company Profile

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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