Shares of Lincoln Educational Services Corp (NASDAQ:LINC) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a 1-year consensus price target of $3.00 for the company and are forecasting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Lincoln Educational Services an industry rank of 121 out of 255 based on the ratings given to its competitors.
A number of analysts have weighed in on the stock. Barrington Research restated a “buy” rating and set a $2.50 price objective on shares of Lincoln Educational Services in a research note on Tuesday, May 8th. ValuEngine upgraded shares of Lincoln Educational Services from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd. Finally, Zacks Investment Research lowered shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd.
A hedge fund recently raised its stake in Lincoln Educational Services stock. Essex Investment Management Co. LLC lifted its stake in Lincoln Educational Services Corp (NASDAQ:LINC) by 362.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 165,908 shares of the company’s stock after acquiring an additional 130,004 shares during the quarter. Essex Investment Management Co. LLC owned 0.67% of Lincoln Educational Services worth $289,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 63.33% of the company’s stock.
NASDAQ:LINC traded down $0.10 on Tuesday, reaching $2.10. 46,294 shares of the stock traded hands, compared to its average volume of 18,468. The firm has a market cap of $54.30 million, a P/E ratio of -4.38 and a beta of 2.20. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.77 and a current ratio of 0.81. Lincoln Educational Services has a 12 month low of $1.49 and a 12 month high of $3.13.
Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings data on Wednesday, August 8th. The company reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.07. The business had revenue of $61.12 million during the quarter, compared to analyst estimates of $60.45 million. Lincoln Educational Services had a negative net margin of 1.85% and a negative return on equity of 11.69%. equities research analysts predict that Lincoln Educational Services will post -0.14 EPS for the current year.
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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