Lincoln Educational Services Corp (LINC) Given Average Recommendation of “Strong Buy” by Analysts

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Shares of Lincoln Educational Services Corp (NASDAQ:LINC) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price target of $3.50 for the company and are expecting that the company will post $0.05 EPS for the current quarter, according to Zacks. Zacks has also given Lincoln Educational Services an industry rank of 188 out of 257 based on the ratings given to its competitors.

Several research analysts have weighed in on LINC shares. ValuEngine raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Friday, November 2nd. Barrington Research increased their price target on shares of Lincoln Educational Services to $3.50 and gave the company an “outperform” rating in a report on Thursday, September 13th. Finally, Zacks Investment Research raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $2.00 price target on the stock in a report on Wednesday, October 24th.

Shares of NASDAQ:LINC opened at $2.44 on Friday. Lincoln Educational Services has a 52-week low of $1.49 and a 52-week high of $2.54. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 0.69.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Wednesday, August 8th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.07. The business had revenue of $61.12 million during the quarter, compared to the consensus estimate of $60.45 million. Lincoln Educational Services had a negative net margin of 1.85% and a negative return on equity of 12.10%. On average, equities analysts predict that Lincoln Educational Services will post -0.06 EPS for the current year.

A hedge fund recently raised its stake in Lincoln Educational Services stock. Essex Investment Management Co. LLC raised its stake in Lincoln Educational Services Corp (NASDAQ:LINC) by 362.1% during the 2nd quarter, according to the company in its most recent 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 about 0.67% of Lincoln Educational Services worth $289,000 at the end of the most recent reporting period. 62.95% 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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