Lincoln Educational Services Corp (NASDAQ:LINC) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a one year consensus price target of $4.25 for the company and are forecasting that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also given Lincoln Educational Services an industry rank of 24 out of 256 based on the ratings given to related companies.
Several research firms have recently weighed in on LINC. ValuEngine upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating in a research report on Monday, April 1st. Zacks Investment Research upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $3.50 price objective for the company in a report on Saturday, March 9th. Finally, TheStreet upgraded Lincoln Educational Services from a “d+” rating to a “c” rating in a report on Friday, March 8th.
Several hedge funds have recently added to or reduced their stakes in LINC. 22NW LP raised its position in shares of Lincoln Educational Services by 23.3% during the 4th quarter. 22NW LP now owns 1,453,783 shares of the company’s stock worth $4,652,000 after acquiring an additional 274,314 shares in the last quarter. Nantahala Capital Management LLC raised its position in shares of Lincoln Educational Services by 0.8% during the 4th quarter. Nantahala Capital Management LLC now owns 2,436,805 shares of the company’s stock worth $7,798,000 after acquiring an additional 20,000 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Lincoln Educational Services by 1.4% during the 1st quarter. Renaissance Technologies LLC now owns 678,546 shares of the company’s stock worth $2,103,000 after acquiring an additional 9,171 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in shares of Lincoln Educational Services during the 1st quarter worth about $45,000. Finally, Essex Investment Management Co. LLC raised its position in shares of Lincoln Educational Services by 5.1% during the 1st quarter. Essex Investment Management Co. LLC now owns 162,122 shares of the company’s stock worth $503,000 after acquiring an additional 7,875 shares in the last quarter. Hedge funds and other institutional investors own 63.48% of the company’s stock.
Shares of NASDAQ:LINC traded down $0.02 on Friday, hitting $2.64. 1,629 shares of the company’s stock were exchanged, compared to its average volume of 12,697. Lincoln Educational Services has a 12 month low of $1.55 and a 12 month high of $3.34. The company has a market cap of $66.62 million, a price-to-earnings ratio of -9.78, a price-to-earnings-growth ratio of 1.34 and a beta of 0.98. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 1.66.
Lincoln Educational Services (NASDAQ:LINC) last released its earnings results on Thursday, May 9th. The company reported ($0.22) earnings per share for the quarter, hitting the consensus estimate of ($0.22). Lincoln Educational Services had a negative return on equity of 14.22% and a negative net margin of 1.94%. The business had revenue of $63.26 million during the quarter, compared to the consensus estimate of $61.19 million. As a group, equities research analysts predict that Lincoln Educational Services will post 0.13 EPS for the current fiscal year.
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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