Lincoln Educational Services Corp (NASDAQ:LINC) Given $3.50 Consensus Price Target by Analysts
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 analyst has rated the stock with a strong buy rating.
Brokers have set a 12-month consensus price objective of $3.50 for the company and are forecasting that the company will post $0.39 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Lincoln Educational Services an industry rank of 106 out of 255 based on the ratings given to its competitors.
LINC has been the subject of several analyst reports. Zacks Investment Research raised shares of Lincoln Educational Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Barrington Research reaffirmed an “outperform” rating and issued a $3.50 price objective (down from $4.25) on shares of Lincoln Educational Services in a research report on Monday, November 18th. ValuEngine upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating in a research note on Saturday, December 7th. Finally, TheStreet upgraded Lincoln Educational Services from a “d+” rating to a “c-” rating in a research note on Monday, October 28th.
An institutional investor recently raised its position in Lincoln Educational Services stock. Essex Investment Management Co. LLC increased its stake in shares of Lincoln Educational Services Corp (NASDAQ:LINC) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 302,383 shares of the company’s stock after acquiring an additional 10,681 shares during the quarter. Essex Investment Management Co. LLC owned about 1.20% of Lincoln Educational Services worth $816,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Shares of NASDAQ:LINC opened at $2.31 on Friday. The stock has a fifty day simple moving average of $2.37 and a two-hundred day simple moving average of $2.12. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $60.56 million, a price-to-earnings ratio of -25.67, a PEG ratio of 0.64 and a beta of 0.81. Lincoln Educational Services has a 12-month low of $1.51 and a 12-month high of $3.34.
Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings data on Thursday, November 14th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.05). Lincoln Educational Services had a negative net margin of 0.80% and a negative return on equity of 6.17%. The firm had revenue of $72.59 million for the quarter, compared to the consensus estimate of $72.34 million. As a group, equities research analysts predict that Lincoln Educational Services will post 0.1 EPS 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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