Lincoln International Inc. (NYSE:LCLN) Stock Has Average Target Price of $27.21 According to Analysts

Shares of Lincoln International Inc. (NYSE:LCLN) have been given a consensus rating of “Hold” by the ten ratings firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $27.21.

LCLN has been the subject of a number of recent analyst reports. Weiss Ratings assumed coverage on Lincoln International in a research report on Monday, August 17th. They issued a “sell (e)” rating for the company. Keefe, Bruyette & Woods upped their target price on Lincoln International from $24.00 to $25.00 and gave the stock a “market perform” rating in a research note on Monday, August 10th. Zacks Research lowered Lincoln International from a “hold” rating to a “strong sell” rating in a research report on Friday, October 9th. Evercore set a $26.00 price target on shares of Lincoln International in a research note on Wednesday, August 12th. Finally, Morgan Stanley cut their price target on shares of Lincoln International from $28.00 to $27.00 and set an “equal weight” rating for the company in a report on Thursday, October 8th.

Institutional Investors Weigh In On Lincoln International

Several large investors have recently bought and sold shares of LCLN. Citadel Advisors LLC acquired a new position in shares of Lincoln International during the second quarter valued at approximately $22,029,000. Alyeska Investment Group L.P. purchased a new position in shares of Lincoln International in the second quarter valued at approximately $6,326,000. Squarepoint Ops LLC acquired a new stake in shares of Lincoln International in the second quarter worth approximately $813,000. Readystate Asset Management LP acquired a new stake in shares of Lincoln International in the second quarter worth approximately $716,000. Finally, State Street Corp acquired a new stake in shares of Lincoln International in the second quarter worth approximately $436,000.

Lincoln International Stock Down 4.4%

NYSE:LCLN opened at $23.49 on Friday. Lincoln International has a 52 week low of $20.05 and a 52 week high of $27.55. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a market cap of $818.66 million and a PE ratio of 90.36. The company’s 50-day simple moving average is $24.70.

Lincoln International (NYSE:LCLN) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. The business had revenue of $225.69 million during the quarter. Sell-side analysts expect that Lincoln International will post 1.34 earnings per share for the current fiscal year.

Lincoln International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, September 1st. Lincoln International’s payout ratio is presently 107.69%.

Lincoln International Company Profile

Lincoln International is a global investment banking and advisory firm that focuses on serving middle-market companies, private equity firms and other financial sponsors. The firm provides advice on mergers and acquisitions, divestitures, recapitalizations, restructurings and other strategic transactions.

Its services also include capital advisory, private funds advisory, valuation and fairness opinions, and other financial analysis. Lincoln International works with clients across a range of industries, including business services, consumer products, healthcare, industrials, technology and financial services.

Founded in 1996, Lincoln International is headquartered in Chicago and serves clients through offices and professionals across North America, Europe and Asia.