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.
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)
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