Lincoln Educational Services (NASDAQ:LINC) was downgraded by investment analysts at TheStreet from a “c” rating to a “d+” rating in a research note issued to investors on Thursday, TheStreetRatingsTable reports.
LINC has been the subject of a number of other research reports. Zacks Investment Research raised Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $3.25 target price for the company in a research report on Wednesday, May 15th. ValuEngine raised Lincoln Educational Services from a “hold” rating to a “buy” rating in a research report on Monday, April 1st.
Shares of Lincoln Educational Services stock opened at $2.64 on Thursday. The company has a market cap of $65.61 million, a price-to-earnings ratio of -9.78, a P/E/G ratio of 1.33 and a beta of 0.98. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.63 and a quick ratio of 0.60. Lincoln Educational Services has a 12-month low of $1.55 and a 12-month high of $3.34.
Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Thursday, May 9th. The company reported ($0.22) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.22). The firm had revenue of $63.26 million during the quarter, compared to analysts’ expectations of $61.19 million. Lincoln Educational Services had a negative return on equity of 14.22% and a negative net margin of 1.94%. As a group, equities analysts predict that Lincoln Educational Services will post 0.13 EPS for the current fiscal year.
Institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. bought a new stake in Lincoln Educational Services during the first quarter worth approximately $45,000. Essex Investment Management Co. LLC boosted its position in Lincoln Educational Services by 5.1% during the first quarter. Essex Investment Management Co. LLC now owns 162,122 shares of the company’s stock worth $503,000 after purchasing an additional 7,875 shares during the period. Renaissance Technologies LLC boosted its position in Lincoln Educational Services by 1.4% during the first quarter. Renaissance Technologies LLC now owns 678,546 shares of the company’s stock worth $2,103,000 after purchasing an additional 9,171 shares during the period. 22NW LP boosted its position in Lincoln Educational Services by 23.3% during the fourth quarter. 22NW LP now owns 1,453,783 shares of the company’s stock worth $4,652,000 after purchasing an additional 274,314 shares during the period. Finally, Nantahala Capital Management LLC lifted its holdings in shares of Lincoln Educational Services by 0.8% during the fourth quarter. Nantahala Capital Management LLC now owns 2,436,805 shares of the company’s stock worth $7,798,000 after buying an additional 20,000 shares during the last quarter. 63.48% of the stock is owned by hedge funds and other institutional investors.
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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