Zacks Investment Research downgraded shares of Lincoln Educational Services (NASDAQ:LINC) from a buy rating to a hold rating in a research report sent to investors on Thursday.

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, Barrington Research raised their target price on shares of Lincoln Educational Services to $3.50 and gave the stock an outperform rating in a report on Thursday, September 13th.

Shares of Lincoln Educational Services stock opened at $2.14 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 0.69. Lincoln Educational Services has a 1 year low of $1.49 and a 1 year high of $2.54.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Wednesday, August 8th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.24) by $0.07. Lincoln Educational Services had a negative net margin of 1.85% and a negative return on equity of 12.10%. The firm had revenue of $61.12 million during the quarter, compared to analysts’ expectations of $60.45 million. On average, sell-side analysts expect that Lincoln Educational Services will post -0.06 EPS for the current fiscal year.

An institutional investor recently raised its position in Lincoln Educational Services stock. Prescott Group Capital Management L.L.C. increased its holdings in shares of Lincoln Educational Services Corp (NASDAQ:LINC) by 72.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 596,734 shares of the company’s stock after purchasing an additional 250,000 shares during the period. Prescott Group Capital Management L.L.C. owned approximately 2.42% of Lincoln Educational Services worth $1,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 62.95% of the company’s stock.

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

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