Lincoln Educational Services Corp (NASDAQ:LINC) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities 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 anticipating that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also assigned Lincoln Educational Services an industry rank of 39 out of 256 based on the ratings given to related companies.
A number of brokerages have recently weighed in on LINC. TheStreet downgraded Lincoln Educational Services from a “c” rating to a “d+” rating in a report on Thursday, June 13th. Zacks Investment Research upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $3.25 target price on the stock in a report on Wednesday, May 15th. Finally, ValuEngine upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Monday, April 1st.
NASDAQ LINC traded down $0.06 on Friday, hitting $2.19. 17,832 shares of the company were exchanged, compared to its average volume of 40,337. The company’s 50 day moving average price is $2.59. 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 has a twelve month low of $1.64 and a twelve month high of $3.34.
Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($0.22) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.22). The firm had revenue of $63.26 million for the quarter, compared to the consensus estimate of $61.19 million. Lincoln Educational Services had a negative return on equity of 14.22% and a negative net margin of 1.94%. Research analysts forecast that Lincoln Educational Services will post 0.13 EPS for the current fiscal year.
A hedge fund recently raised its stake in Lincoln Educational Services stock. Nantahala Capital Management LLC boosted its stake in shares of Lincoln Educational Services Corp (NASDAQ:LINC) by 0.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,436,805 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. Nantahala Capital Management LLC owned about 9.89% of Lincoln Educational Services worth $7,798,000 at the end of the most recent quarter. Institutional investors own 63.48% of the company’s stock.
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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