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

Analysts have set a 1 year consensus price target of $3.50 for the company and are forecasting that the company will post $0.32 earnings per share for the current quarter, according to Zacks. Zacks has also given Lincoln Educational Services an industry rank of 89 out of 265 based on the ratings given to its competitors.

LINC has been the subject of several research reports. Zacks Investment Research upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a report on Wednesday, October 4th. ValuEngine cut Lincoln Educational Services from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th.

Lincoln Educational Services (NASDAQ LINC) traded down $0.02 on Monday, reaching $2.26. The company had a trading volume of 3,800 shares, compared to its average volume of 47,337. Lincoln Educational Services has a one year low of $1.79 and a one year high of $3.74. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.75 and a quick ratio of 0.72.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Wednesday, November 8th. The company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.07). Lincoln Educational Services had a negative return on equity of 35.57% and a negative net margin of 15.45%. The firm had revenue of $67.31 million during the quarter, compared to analysts’ expectations of $67.57 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. Lincoln Educational Services’s quarterly revenue was down 9.4% compared to the same quarter last year. research analysts forecast that Lincoln Educational Services will post -0.48 earnings per share for the current fiscal year.

Several hedge funds have recently modified their holdings of the business. Alyeska Investment Group L.P. lifted its holdings in shares of Lincoln Educational Services by 103.7% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,598,872 shares of the company’s stock worth $3,997,000 after buying an additional 813,960 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Lincoln Educational Services by 13.9% during the 1st quarter. Renaissance Technologies LLC now owns 646,681 shares of the company’s stock worth $1,817,000 after purchasing an additional 78,981 shares during the last quarter. Essex Investment Management Co. LLC lifted its stake in shares of Lincoln Educational Services by 159.8% during the 3rd quarter. Essex Investment Management Co. LLC now owns 111,414 shares of the company’s stock worth $279,000 after purchasing an additional 68,537 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Lincoln Educational Services by 70.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 78,000 shares of the company’s stock worth $195,000 after purchasing an additional 32,305 shares during the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in shares of Lincoln Educational Services during the 2nd quarter worth $187,000. Institutional investors and hedge funds own 59.73% of the company’s stock.

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About Lincoln Educational Services

Lincoln Educational Services Corporation is a provider of post-secondary education. The Company operates in two segments: Transportation and Skilled Trades, and Transitional. The Transportation and Skilled Trades segment offers academic programs in the disciplines of transportation and skilled trades (automotive, diesel, heating, ventilation and air conditioning (HVAC), welding and manufacturing).

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