Lincoln Educational Services Corp (NASDAQ:LINC) has been given an average recommendation of “Buy” by the seven brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $5.13.
A number of equities analysts have commented on LINC shares. Colliers Securities started coverage on Lincoln Educational Services in a research note on Tuesday, June 23rd. They set a “buy” rating and a $6.00 price objective on the stock. B. Riley initiated coverage on Lincoln Educational Services in a research note on Friday, May 22nd. They issued a “buy” rating and a $4.50 price target on the stock. Zacks Investment Research lowered Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Barrington Research reiterated a “buy” rating and issued a $4.00 price target on shares of Lincoln Educational Services in a research note on Wednesday, May 13th. Finally, Colliers Secur. initiated coverage on Lincoln Educational Services in a research note on Tuesday, June 23rd. They issued a “buy” rating and a $6.00 price target on the stock.
Lincoln Educational Services stock traded up $0.04 during mid-day trading on Tuesday, reaching $3.90. 17,948 shares of the company were exchanged, compared to its average volume of 31,921. The company has a fifty day simple moving average of $3.71 and a 200-day simple moving average of $2.71. Lincoln Educational Services has a 12 month low of $1.51 and a 12 month high of $4.44. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.83 and a quick ratio of 0.80. The firm has a market cap of $103.33 million, a PE ratio of 21.67, a PEG ratio of 3.55 and a beta of 0.88.
Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.08) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.10. Lincoln Educational Services had a return on equity of 15.34% and a net margin of 2.05%. The firm had revenue of $70.04 million for the quarter, compared to analyst estimates of $66.59 million. Sell-side analysts anticipate that Lincoln Educational Services will post 0.07 earnings per share for the current year.
A number of hedge funds have recently modified their holdings of the stock. Alyeska Investment Group L.P. grew its position in Lincoln Educational Services by 1.8% during the 1st quarter. Alyeska Investment Group L.P. now owns 2,419,980 shares of the company’s stock worth $5,324,000 after acquiring an additional 43,835 shares during the last quarter. Essex Investment Management Co. LLC grew its position in Lincoln Educational Services by 3.7% during the 4th quarter. Essex Investment Management Co. LLC now owns 302,383 shares of the company’s stock worth $816,000 after acquiring an additional 10,681 shares during the last quarter. Auxier Asset Management grew its position in Lincoln Educational Services by 4.1% during the 4th quarter. Auxier Asset Management now owns 204,261 shares of the company’s stock worth $552,000 after acquiring an additional 8,000 shares during the last quarter. National Investment Services of America LLC bought a new stake in Lincoln Educational Services during the 1st quarter worth $243,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in Lincoln Educational Services during the 1st quarter worth $28,000. Institutional investors and hedge funds own 64.08% 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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