Zacks: Brokerages Expect Lincoln Educational Services Co. (NASDAQ:LINC) to Post $0.05 EPS


Share on StockTwits

Wall Street brokerages forecast that Lincoln Educational Services Co. (NASDAQ:LINC) will post $0.05 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Lincoln Educational Services’ earnings, with the highest EPS estimate coming in at $0.10 and the lowest estimate coming in at $0.00. Lincoln Educational Services reported earnings per share of ($0.08) during the same quarter last year, which suggests a positive year-over-year growth rate of 162.5%. The company is scheduled to issue its next earnings report on Wednesday, May 12th.

According to Zacks, analysts expect that Lincoln Educational Services will report full-year earnings of $0.51 per share for the current financial year, with EPS estimates ranging from $0.46 to $0.59. For the next financial year, analysts forecast that the company will report earnings of $0.55 per share, with EPS estimates ranging from $0.54 to $0.56. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that follow Lincoln Educational Services.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Tuesday, March 2nd. The company reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.08. The company had revenue of $81.79 million for the quarter, compared to analysts’ expectations of $78.83 million. Lincoln Educational Services had a return on equity of 27.42% and a net margin of 4.12%.

A number of equities analysts have commented on the company. B. Riley lifted their price target on Lincoln Educational Services from $6.25 to $7.50 and gave the stock a “buy” rating in a research note on Monday, March 1st. TheStreet raised Lincoln Educational Services from a “c+” rating to a “b-” rating in a research note on Tuesday, December 29th. Zacks Investment Research cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Friday, March 5th. Barrington Research lifted their price target on Lincoln Educational Services from $8.50 to $9.50 and gave the stock an “outperform” rating in a research note on Monday, March 29th. Finally, Colliers Securities reiterated a “buy” rating and issued a $10.00 price objective on shares of Lincoln Educational Services in a research report on Wednesday, March 3rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Lincoln Educational Services presently has an average rating of “Buy” and a consensus target price of $8.44.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Koshinski Asset Management Inc. boosted its position in shares of Lincoln Educational Services by 25.6% during the fourth quarter. Koshinski Asset Management Inc. now owns 17,789 shares of the company’s stock valued at $217,000 after purchasing an additional 3,626 shares in the last quarter. Citigroup Inc. bought a new stake in shares of Lincoln Educational Services during the fourth quarter valued at approximately $33,000. Falcon Point Capital LLC boosted its position in shares of Lincoln Educational Services by 38.7% during the fourth quarter. Falcon Point Capital LLC now owns 20,110 shares of the company’s stock valued at $131,000 after purchasing an additional 5,610 shares in the last quarter. Northern Trust Corp boosted its position in shares of Lincoln Educational Services by 16.2% during the fourth quarter. Northern Trust Corp now owns 42,967 shares of the company’s stock valued at $279,000 after purchasing an additional 5,980 shares in the last quarter. Finally, Auxier Asset Management boosted its position in shares of Lincoln Educational Services by 4.7% during the fourth quarter. Auxier Asset Management now owns 213,567 shares of the company’s stock valued at $1,388,000 after purchasing an additional 9,506 shares in the last quarter. Institutional investors own 62.74% of the company’s stock.

Shares of NASDAQ LINC opened at $6.45 on Monday. The company has a current ratio of 0.94, a quick ratio of 0.90 and a debt-to-equity ratio of 0.35. The stock’s 50-day moving average is $6.29 and its 200 day moving average is $6.08. The stock has a market cap of $174.08 million, a price-to-earnings ratio of 18.43, a P/E/G ratio of 0.85 and a beta of 0.76. Lincoln Educational Services has a 1-year low of $2.26 and a 1-year high of $8.99.

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 through three segments: Transportation and Skilled Trades, Healthcare and Other Professions, and Transitional.

Featured Story: What is a put option?

Get a free copy of the Zacks research report on Lincoln Educational Services (LINC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Lincoln Educational Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services and related companies with MarketBeat.com's FREE daily email newsletter.