Lincoln Educational Services (NASDAQ:LINC) Upgraded to Buy at ValuEngine

ValuEngine upgraded shares of Lincoln Educational Services (NASDAQ:LINC) from a hold rating to a buy rating in a research report sent to investors on Tuesday, ValuEngine reports.

Several other research firms have also recently commented on LINC. Zacks Investment Research upgraded Lincoln Educational Services from a hold rating to a strong-buy rating and set a $2.00 target price for the company in a research report on Saturday, August 17th. TheStreet cut Lincoln Educational Services from a c rating to a d+ rating in a research report on Thursday, June 13th.

Lincoln Educational Services stock opened at $2.25 on Tuesday. Lincoln Educational Services has a 52 week low of $1.51 and a 52 week high of $3.34. The business has a 50-day simple moving average of $1.99 and a 200 day simple moving average of $2.57. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.75. The stock has a market cap of $56.77 million, a price-to-earnings ratio of -8.33, a PEG ratio of 0.91 and a beta of 0.78.

Lincoln Educational Services (NASDAQ:LINC) last posted its earnings results on Wednesday, August 14th. The company reported ($0.12) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.04. Lincoln Educational Services had a negative return on equity of 11.61% and a negative net margin of 1.54%. The business had revenue of $63.57 million during the quarter, compared to analysts’ expectations of $62.45 million. On average, research analysts anticipate that Lincoln Educational Services will post 0.15 earnings per share for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the company. River & Mercantile Asset Management LLP purchased a new position in shares of Lincoln Educational Services in the 2nd quarter worth about $674,000. Renaissance Technologies LLC boosted its holdings in shares of Lincoln Educational Services by 2.1% in the 2nd quarter. Renaissance Technologies LLC now owns 693,128 shares of the company’s stock worth $1,601,000 after purchasing an additional 14,582 shares in the last quarter. Finally, Paloma Partners Management Co purchased a new position in shares of Lincoln Educational Services in the 2nd quarter worth about $40,000. Hedge funds and other institutional investors own 66.01% of the company’s stock.

About Lincoln Educational Services

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 in three segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional.

Further Reading: Return on Investment (ROI)

To view ValuEngine’s full report, visit ValuEngine’s official website.

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