Lincoln Educational Services Corp (NASDAQ:LINC) Given Average Rating 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 analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokers have set a 12-month consensus price target of $4.25 for the company and are predicting that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also given Lincoln Educational Services an industry rank of 28 out of 256 based on the ratings given to its competitors.

LINC has been the subject of several research reports. ValuEngine raised Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Monday, April 1st. TheStreet raised SUMMIT THERAPEU/S from a “d” rating to a “c-” rating in a report on Thursday, June 13th. Finally, Zacks Investment Research raised General Moly from a “sell” rating to a “hold” rating in a report on Thursday, July 11th.

Shares of LINC traded up $0.01 during mid-day trading on Monday, reaching $2.01. The company’s stock had a trading volume of 23,837 shares, compared to its average volume of 37,579. Lincoln Educational Services has a 1-year low of $1.64 and a 1-year high of $3.34. The business’s 50-day moving average price is $2.43. The company has a quick ratio of 0.60, a current ratio of 0.63 and a debt-to-equity ratio of 1.66.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.22) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.22). Lincoln Educational Services had a negative return on equity of 14.22% and a negative net margin of 1.94%. The company had revenue of $63.26 million during the quarter, compared to analysts’ expectations of $61.19 million. As a group, analysts expect that Lincoln Educational Services will post 0.13 earnings per share for the current year.

A hedge fund recently raised its stake in Lincoln Educational Services stock. Nantahala Capital Management LLC increased its stake in Lincoln Educational Services Corp (NASDAQ:LINC) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 approximately 9.89% of Lincoln Educational Services worth $7,798,000 as of its most recent filing with the Securities and Exchange Commission. 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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