Lincoln Educational Services Corp (LINC) Forecasted to Earn Q4 2017 Earnings of $0.31 Per Share

Lincoln Educational Services Corp (NASDAQ:LINC) – Analysts at Barrington Research decreased their Q4 2017 earnings per share estimates for shares of Lincoln Educational Services in a research report issued on Wednesday. Barrington Research analyst A. Paris. Jr now anticipates that the company will post earnings per share of $0.31 for the quarter, down from their previous forecast of $0.32.

LINC has been the topic of several other reports. ValuEngine cut shares of Lincoln Educational Services from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 19th. Zacks Investment Research cut shares of Lincoln Educational Services from a “hold” rating to a “sell” rating in a report on Thursday, February 8th.

Lincoln Educational Services (NASDAQ:LINC) opened at $1.70 on Thursday. Lincoln Educational Services has a fifty-two week low of $1.64 and a fifty-two week high of $3.74. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 0.45.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its position in shares of Lincoln Educational Services by 51.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 45,695 shares of the company’s stock worth $142,000 after acquiring an additional 15,568 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Lincoln Educational Services during the 2nd quarter worth approximately $187,000. Essex Investment Management Co. LLC boosted its position 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 acquiring an additional 68,537 shares in the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in shares of Lincoln Educational Services by 103.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,598,872 shares of the company’s stock worth $3,997,000 after acquiring an additional 813,960 shares in the last quarter. Institutional investors and hedge funds own 61.51% 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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