Analysts Set $4.25 Price Target for Lincoln Educational Services Corp (LINC)

Lincoln Educational Services Corp (NASDAQ:LINC) has received 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 equities research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a one year 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 assigned Lincoln Educational Services an industry rank of 52 out of 256 based on the ratings given to related companies.

Several research firms have recently weighed in on LINC. Zacks Investment Research raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a report on Wednesday, May 15th. ValuEngine raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Finally, TheStreet raised shares of Lincoln Educational Services from a “d+” rating to a “c” rating in a report on Friday, March 8th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Essex Investment Management Co. LLC grew its stake in shares of Lincoln Educational Services by 5.1% during the first quarter. Essex Investment Management Co. LLC now owns 162,122 shares of the company’s stock valued at $503,000 after purchasing an additional 7,875 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Lincoln Educational Services by 1.4% during the first quarter. Renaissance Technologies LLC now owns 678,546 shares of the company’s stock valued at $2,103,000 after purchasing an additional 9,171 shares during the last quarter. Charles Schwab Investment Management Inc. bought a new stake in shares of Lincoln Educational Services during the first quarter valued at approximately $45,000. Nantahala Capital Management LLC grew its stake in shares of Lincoln Educational Services by 0.8% during the fourth quarter. Nantahala Capital Management LLC now owns 2,436,805 shares of the company’s stock valued at $7,798,000 after purchasing an additional 20,000 shares during the last quarter. Finally, 22NW LP grew its stake in shares of Lincoln Educational Services by 23.3% during the fourth quarter. 22NW LP now owns 1,453,783 shares of the company’s stock valued at $4,652,000 after purchasing an additional 274,314 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ LINC traded up $0.04 during mid-day trading on Thursday, hitting $2.84. 20,388 shares of the stock were exchanged, compared to its average volume of 11,111. The firm has a market cap of $68.15 million, a price-to-earnings ratio of -10.63, a PEG ratio of 1.36 and a beta of 0.90. The company has a current ratio of 0.63, a quick ratio of 0.86 and a debt-to-equity ratio of 1.66. Lincoln Educational Services has a twelve month low of $1.55 and a twelve month high of $3.34.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($0.22) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.22). The company had revenue of $63.26 million during the quarter, compared to analyst estimates of $61.19 million. Lincoln Educational Services had a negative net margin of 1.94% and a negative return on equity of 14.22%. On average, analysts forecast that Lincoln Educational Services will post 0.13 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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