Barrington analyst Alexander Paris maintained a Buy rating on Lincoln Edu (NASDAQ: LINC) today. The company’s shares closed on Friday at $1.66, close to its 52-week low of $1.49.
Paris wrote:
“We expect new student starts to increase at a low‐single‐digit rate in each of Q2/18 (+3.5%), Q3/18 (+3.0%) and Q4/18 (+3.6%), despite the substantial economic headwinds of a strong, job‐creating economy. We expect Q2/18 results to be released on or about August 6.”
According to TipRanks.com, Paris is a 4-star analyst with an average return of 13.2% and a 64.0% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Capella Education Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lincoln Edu.
See today’s analyst top recommended stocks >>
Based on Lincoln Edu’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $6.87 million. In comparison, last year the company had a GAAP net loss of $6.77 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Lincoln Educational Services Corp. engages in the provision of post-secondary education to high school graduates and working adults. It operates through the following segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional.
