Zacks: Lincoln Educational Services Corp (LINC) Receives Average Rating of “Strong Buy” from Brokerages
Shares of Lincoln Educational Services Corp (NASDAQ:LINC) have earned 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 research analyst has rated the stock with a strong buy rating.
Brokers have set a twelve-month consensus price objective of $3.50 for the company and are forecasting that the company will post $0.32 EPS for the current quarter, according to Zacks. Zacks has also assigned Lincoln Educational Services an industry rank of 78 out of 265 based on the ratings given to related companies.
LINC has been the topic of several analyst reports. Zacks Investment Research raised Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $2.75 price objective on the stock in a research note on Wednesday, October 4th. ValuEngine cut Lincoln Educational Services from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 19th.
Shares of Lincoln Educational Services (NASDAQ LINC) traded up $0.01 during trading on Thursday, hitting $2.03. The stock had a trading volume of 3,513 shares, compared to its average volume of 5,933. Lincoln Educational Services has a fifty-two week low of $1.83 and a fifty-two week high of $3.74. The stock has a market capitalization of $48.70, a P/E ratio of -1.28, a price-to-earnings-growth ratio of 0.99 and a beta of 2.72. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 0.45.
Lincoln Educational Services (NASDAQ:LINC) last posted its earnings results on Wednesday, November 8th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The firm had revenue of $67.31 million during the quarter, compared to analysts’ expectations of $67.57 million. Lincoln Educational Services had a negative return on equity of 35.57% and a negative net margin of 15.45%. Lincoln Educational Services’s quarterly revenue was down 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.02) earnings per share. analysts forecast that Lincoln Educational Services will post -0.48 earnings per share for the current year.
Lincoln Educational Services Company Profile
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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