Lincoln Educational Services Co. (NASDAQ:LINC) Receives $9.00 Average Target Price from Analysts

Shares of Lincoln Educational Services Co. (NASDAQ:LINC) have received an average rating of “Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $9.00.

A number of research firms recently issued reports on LINC. TheStreet raised Lincoln Educational Services from a “c+” rating to a “b-” rating in a research report on Tuesday, December 29th. Zacks Investment Research cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Friday, March 5th. Barrington Research lifted their price objective on Lincoln Educational Services from $8.50 to $9.50 and gave the company an “outperform” rating in a research report on Monday, March 29th. Colliers Securities reissued a “buy” rating and set a $10.00 price objective on shares of Lincoln Educational Services in a research report on Wednesday, March 3rd. Finally, B. Riley lifted their price objective on Lincoln Educational Services from $6.25 to $7.50 and gave the company a “buy” rating in a research report on Monday, March 1st.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its stake in Lincoln Educational Services by 17.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 164,420 shares of the company’s stock valued at $1,069,000 after acquiring an additional 24,249 shares during the period. Auxier Asset Management increased its stake in Lincoln Educational Services by 4.7% during the fourth quarter. Auxier Asset Management now owns 213,567 shares of the company’s stock valued at $1,388,000 after acquiring an additional 9,506 shares during the period. RBF Capital LLC increased its stake in Lincoln Educational Services by 2.2% during the fourth quarter. RBF Capital LLC now owns 563,798 shares of the company’s stock valued at $3,665,000 after acquiring an additional 12,153 shares during the period. Alyeska Investment Group L.P. increased its stake in Lincoln Educational Services by 5.4% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,352,919 shares of the company’s stock valued at $15,294,000 after acquiring an additional 119,626 shares during the period. Finally, One68 Global Capital LLC bought a new position in Lincoln Educational Services during the fourth quarter valued at about $125,000. Hedge funds and other institutional investors own 62.74% of the company’s stock.

Shares of Lincoln Educational Services stock traded down $0.05 during midday trading on Thursday, hitting $6.40. The company’s stock had a trading volume of 2,642 shares, compared to its average volume of 181,871. The firm has a market capitalization of $172.73 million, a P/E ratio of 18.43, a PEG ratio of 0.85 and a beta of 0.76. The stock has a 50-day simple moving average of $6.29 and a 200-day simple moving average of $6.08. The company has a quick ratio of 0.90, a current ratio of 0.94 and a debt-to-equity ratio of 0.35. Lincoln Educational Services has a 1-year low of $2.26 and a 1-year high of $8.99.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Tuesday, March 2nd. The company reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.08. The business had revenue of $81.79 million during the quarter, compared to analysts’ expectations of $78.83 million. Lincoln Educational Services had a return on equity of 27.42% and a net margin of 4.12%. As a group, sell-side analysts predict that Lincoln Educational Services will post 0.27 earnings per share for the current 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 through three segments: Transportation and Skilled Trades, Healthcare and Other Professions, and Transitional.

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