Lincoln Educational Services Corp (LINC) Given $3.00 Average Target Price by Brokerages

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

Analysts have set a twelve-month consensus price target of $3.00 for the company and are expecting that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also assigned Lincoln Educational Services an industry rank of 90 out of 255 based on the ratings given to its competitors.

Several equities analysts have recently weighed in on the stock. Barrington Research reaffirmed a “buy” rating and set a $3.00 target price on shares of Lincoln Educational Services in a report on Thursday, August 9th. Zacks Investment Research raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $2.00 target price for the company in a report on Saturday, May 12th. Finally, ValuEngine raised shares of Lincoln Educational Services from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 2nd.

Shares of NASDAQ:LINC traded up $0.10 during trading on Wednesday, hitting $2.23. 5,446 shares of the stock traded hands, compared to its average volume of 20,870. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.77 and a quick ratio of 0.73. The firm has a market cap of $52.49 million, a price-to-earnings ratio of -4.65 and a beta of 2.20. Lincoln Educational Services has a 52-week low of $1.49 and a 52-week high of $3.00.

Lincoln Educational Services (NASDAQ:LINC) last posted its earnings results on Wednesday, August 8th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.07. The firm 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 12.10%. sell-side analysts anticipate that Lincoln Educational Services will post -0.09 earnings per share for the current fiscal year.

An institutional investor recently raised its position in Lincoln Educational Services stock. Prescott Group Capital Management L.L.C. increased its stake in Lincoln Educational Services Corp (NASDAQ:LINC) by 72.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 596,734 shares of the company’s stock after acquiring an additional 250,000 shares during the quarter. Prescott Group Capital Management L.L.C. owned approximately 2.42% of Lincoln Educational Services worth $1,038,000 at the end of the most recent reporting period. Institutional investors own 62.94% 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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