Lincoln Educational Services (NASDAQ:LINC) Upgraded at ValuEngine

ValuEngine upgraded shares of Lincoln Educational Services (NASDAQ:LINC) from a hold rating to a buy rating in a report published on Monday, April 1st, ValuEngine reports.

A number of other research analysts have also recently commented on the stock. TheStreet raised shares of Lincoln Educational Services from a d+ rating to a c rating in a report on Friday, March 8th. Zacks Investment Research raised shares of Lincoln Educational Services from a hold rating to a buy rating and set a $3.50 target price for the company in a report on Saturday, March 9th.

Shares of LINC stock traded down $0.03 on Monday, hitting $3.12. The company’s stock had a trading volume of 800 shares, compared to its average volume of 11,466. The company has a market capitalization of $78.09 million, a PE ratio of -11.52, a price-to-earnings-growth ratio of 1.58 and a beta of 0.93. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.86 and a current ratio of 0.88. Lincoln Educational Services has a fifty-two week low of $1.55 and a fifty-two week high of $3.34.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Wednesday, March 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.13). The firm had revenue of $70.11 million for the quarter, compared to analyst estimates of $68.61 million. Lincoln Educational Services had a negative return on equity of 17.55% and a negative net margin of 2.49%. On average, analysts forecast that Lincoln Educational Services will post 0.13 EPS for the current year.

A hedge fund recently raised its stake in Lincoln Educational Services stock. Nantahala Capital Management LLC grew its position in shares of Lincoln Educational Services Corp (NASDAQ:LINC) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,436,805 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. Nantahala Capital Management LLC owned about 9.89% of Lincoln Educational Services worth $7,798,000 as of its most recent SEC filing. 63.62% of the stock is currently owned by institutional investors and hedge funds.

About Lincoln Educational Services

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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