Zacks: Lincoln Educational Services Corp (NASDAQ:LINC) Given Average Rating of “Strong Buy” by Brokerages

Lincoln Educational Services Corp (NASDAQ:LINC) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus price target of $4.25 for the company and are forecasting 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 178 out of 256 based on the ratings given to related companies.

A number of equities analysts recently issued reports on the company. Zacks Investment Research cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Thursday, July 11th. TheStreet cut Lincoln Educational Services from a “c” rating to a “d+” rating in a report on Thursday, June 13th. Finally, ValuEngine cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Monday, July 22nd.

Shares of LINC remained flat at $$1.85 during trading hours on Friday. The company had a trading volume of 529 shares, compared to its average volume of 23,771. Lincoln Educational Services has a 12 month low of $1.70 and a 12 month high of $3.34. The company’s 50 day moving average is $2.21. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $46.69 million, a price-to-earnings ratio of -6.85, a P/E/G ratio of 0.95 and a beta of 0.67.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Thursday, May 9th. The company reported ($0.22) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.22). Lincoln Educational Services had a negative return on equity of 14.22% and a negative net margin of 1.94%. The company had revenue of $63.26 million for the quarter, compared to analysts’ expectations of $61.19 million. On average, equities analysts predict that Lincoln Educational Services will post 0.13 earnings per share for the current year.

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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