Lincoln Educational Services (NASDAQ:LINC) Stock Rating Lowered by Zacks Investment Research


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Lincoln Educational Services (NASDAQ:LINC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Tuesday, Zacks.com reports.

According to Zacks, “Lincoln Educational is a leading and diversified for-profit provider of a career-oriented post-secondary education headquartered in West Orange, New Jersey. It offers recent high school graduates and working adults degree and diploma programs in four principal areas of study: automotive technology, allied health (which includes programs for medical administrative assistants, medical assistants, pharmacy technicians and massage therapists), skilled trades and business and information technology. “

Separately, TheStreet raised Lincoln Educational Services from a “c+” rating to a “b-” rating in a research note on Tuesday, December 29th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $6.13.

Shares of NASDAQ:LINC opened at $6.11 on Tuesday. The company has a market capitalization of $161.77 million, a price-to-earnings ratio of 17.46, a P/E/G ratio of 1.53 and a beta of 0.78. The firm’s 50 day simple moving average is $6.54 and its 200 day simple moving average is $5.90. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.94 and a quick ratio of 0.90. Lincoln Educational Services has a fifty-two week low of $1.69 and a fifty-two week high of $8.99.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings results on Monday, November 16th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.06. Lincoln Educational Services had a net margin of 4.12% and a return on equity of 27.42%. The business had revenue of $78.79 million for the quarter, compared to the consensus estimate of $74.15 million. Equities research analysts expect that Lincoln Educational Services will post 0.27 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. Falcon Point Capital LLC bought a new position in shares of Lincoln Educational Services during the 3rd quarter worth approximately $80,000. O Shaughnessy Asset Management LLC bought a new position in shares of Lincoln Educational Services during the 3rd quarter worth approximately $80,000. Paloma Partners Management Co bought a new position in shares of Lincoln Educational Services during the 3rd quarter worth approximately $101,000. Goldman Sachs Group Inc. grew its stake in shares of Lincoln Educational Services by 9.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 61,237 shares of the company’s stock worth $239,000 after acquiring an additional 5,247 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of Lincoln Educational Services in the third quarter valued at $424,000. 63.59% of the stock is owned by institutional investors.

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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