Lincoln Educational Services Corp. (LINC) Trading Up 18%
Lincoln Educational Services Corp. (NASDAQ:LINC) was up 18% during mid-day trading on Friday . The stock traded as high as $2.10 and last traded at $2.10, with a volume of 73,480 shares. The stock had previously closed at $1.78.
Separately, Zacks Investment Research raised Lincoln Educational Services Corp. from a “hold” rating to a “buy” rating and set a $2.25 price target for the company in a research note on Friday, May 6th.
The stock has a 50 day moving average of $1.59 and a 200 day moving average of $2.10. The stock’s market capitalization is $48.10 million.
Lincoln Educational Services Corp. (NASDAQ:LINC) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.08. The company earned $68.10 million during the quarter, compared to analysts’ expectations of $41.57 million. The company’s revenue for the quarter was down 42.1% on a year-over-year basis. During the same quarter last year, the company earned ($0.33) earnings per share. On average, equities research analysts forecast that Lincoln Educational Services Corp. will post ($0.12) EPS for the current year.
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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