Lincoln Educational Services Corp (NASDAQ:LINC) Given Consensus Rating of “Strong Buy” by Analysts

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

Brokers have set a 1 year consensus target price of $3.50 for the company and are forecasting that the company will post $0.39 EPS for the current quarter, according to Zacks. Zacks has also assigned Lincoln Educational Services an industry rank of 197 out of 255 based on the ratings given to related companies.

LINC has been the subject of a number of recent research reports. ValuEngine upgraded shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Saturday. Barrington Research restated an “outperform” rating and set a $3.50 target price (down previously from $4.25) on shares of Lincoln Educational Services in a research report on Monday, November 18th. Zacks Investment Research cut shares of Lincoln Educational Services from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 20th. Finally, TheStreet upgraded Lincoln Educational Services from a “d+” rating to a “c-” rating in a report on Monday, October 28th.

A number of institutional investors have recently added to or reduced their stakes in the stock. River & Mercantile Asset Management LLP purchased a new position in Lincoln Educational Services during the second quarter worth about $674,000. Paloma Partners Management Co purchased a new stake in Lincoln Educational Services in the 2nd quarter valued at about $40,000. Finally, Renaissance Technologies LLC grew its holdings in Lincoln Educational Services by 2.1% in the 2nd quarter. Renaissance Technologies LLC now owns 693,128 shares of the company’s stock valued at $1,601,000 after buying an additional 14,582 shares during the period. Hedge funds and other institutional investors own 66.19% of the company’s stock.

Shares of NASDAQ:LINC opened at $1.95 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $49.20 million, a P/E ratio of -7.22, a P/E/G ratio of 1.17 and a beta of 0.71. Lincoln Educational Services has a 52-week low of $1.51 and a 52-week high of $3.34. The stock’s fifty day simple moving average is $1.93 and its 200-day simple moving average is $2.15.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Thursday, November 14th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.05). The firm had revenue of $72.59 million during the quarter, compared to analyst estimates of $72.34 million. Lincoln Educational Services had a negative net margin of 0.80% and a negative return on equity of 6.17%. On average, sell-side analysts anticipate that Lincoln Educational Services will post 0.1 earnings per share for the current year.

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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