Zacks: Lincoln Educational Services Corp (LINC) Given $4.25 Consensus Target Price by Brokerages

Shares of Lincoln Educational Services Corp (NASDAQ:LINC) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokers have set a twelve-month consensus target price of $4.25 for the company and are expecting that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also given Lincoln Educational Services an industry rank of 38 out of 256 based on the ratings given to related companies.

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

Large investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. purchased a new stake in shares of Lincoln Educational Services in the first quarter valued at $45,000. Essex Investment Management Co. LLC lifted its position in shares of Lincoln Educational Services by 5.1% in the first quarter. Essex Investment Management Co. LLC now owns 162,122 shares of the company’s stock valued at $503,000 after acquiring an additional 7,875 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Lincoln Educational Services by 1.4% in the first quarter. Renaissance Technologies LLC now owns 678,546 shares of the company’s stock valued at $2,103,000 after acquiring an additional 9,171 shares in the last quarter. 22NW LP lifted its position in shares of Lincoln Educational Services by 23.3% in the fourth quarter. 22NW LP now owns 1,453,783 shares of the company’s stock valued at $4,652,000 after acquiring an additional 274,314 shares in the last quarter. Finally, Nantahala Capital Management LLC lifted its position in shares of Lincoln Educational Services by 0.8% in the fourth quarter. Nantahala Capital Management LLC now owns 2,436,805 shares of the company’s stock valued at $7,798,000 after acquiring an additional 20,000 shares in the last quarter. Institutional investors and hedge funds own 63.48% of the company’s stock.

Shares of LINC stock opened at $2.75 on Friday. Lincoln Educational Services has a 1-year low of $1.55 and a 1-year high of $3.34. The firm has a market cap of $69.40 million, a P/E ratio of -10.19, a price-to-earnings-growth ratio of 1.41 and a beta of 0.98. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 1.66.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Thursday, May 9th. The company reported ($0.22) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.22). Lincoln Educational Services had a negative return on equity of 14.22% and a negative net margin of 1.94%. The firm had revenue of $63.26 million for the quarter, compared to analyst estimates of $61.19 million. Equities analysts predict that Lincoln Educational Services will post 0.13 EPS for the current fiscal 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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