Lincoln International Inc. (NYSE:LCLN) Stock Now Rated "Hold" by Wall Street Brokerages

Key Points

• Wall Street’s consensus rating is “Hold” for Lincoln International, with two sell, four hold, three buy and one strong-buy recommendation. Analysts’ average 12-month price target is $27.21, versus a recent share price of $24.07.
• Recent analyst actions were mixed, including Morgan Stanley lowering its target to $27 and Zacks Research downgrading the stock to “strong sell,” while Keefe, Bruyette & Woods raised its target to $25.
• Lincoln International beat quarterly earnings expectations, reporting $0.26 in EPS versus the $0.14 consensus on $225.69 million in revenue. The company also paid a quarterly dividend of $0.07, equivalent to a 1.2% annualized yield.

Lincoln International Inc. (NYSE:LCLN - Get Free Report) has been assigned a consensus recommendation of "Hold" from the ten brokerages that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $27.21.

Several analysts have recently issued reports on LCLN shares. Weiss Ratings started coverage on shares of Lincoln International in a research report on Monday, August 17th. They set a "sell (e)" rating on the stock. Morgan Stanley dropped their price objective on shares of Lincoln International from $28.00 to $27.00 and set an "equal weight" rating for the company in a report on Thursday, October 8th. Keefe, Bruyette & Woods lifted their price objective on shares of Lincoln International from $24.00 to $25.00 and gave the company a "market perform" rating in a report on Monday, August 10th. Zacks Research downgraded shares of Lincoln International from a "hold" rating to a "strong sell" rating in a research note on Friday, October 9th. Finally, Evercore set a $26.00 target price on shares of Lincoln International in a research note on Wednesday, August 12th.

Hedge Funds Weigh In On Lincoln International

Several institutional investors have recently modified their holdings of the business. State of Alaska Department of Revenue purchased a new stake in shares of Lincoln International during the third quarter worth $33,000. State Street Corp acquired a new stake in shares of Lincoln International in the second quarter valued at $436,000. Squarepoint Ops LLC purchased a new position in Lincoln International in the second quarter valued at $813,000. Citadel Advisors LLC purchased a new position in Lincoln International in the second quarter valued at $22,029,000. Finally, Readystate Asset Management LP purchased a new position in Lincoln International in the second quarter valued at $716,000.

Lincoln International Trading Down 1.2%

LCLN opened at $24.07 on Friday. The business's 50-day moving average price is $24.80. Lincoln International has a 12-month low of $20.05 and a 12-month high of $27.55. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.76. The firm has a market cap of $839.01 million and a price-to-earnings ratio of 92.60.

Lincoln International (NYSE:LCLN - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.12. The firm had revenue of $225.69 million during the quarter. On average, research analysts forecast that Lincoln International will post 1.34 earnings per share for the current year.

Lincoln International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 1st. Lincoln International's dividend payout ratio (DPR) is currently 107.69%.

About Lincoln International

Lincoln International is a global investment banking and financial advisory firm focused primarily on serving middle-market companies, private equity firms and other institutional clients. The firm provides advice on mergers and acquisitions, divestitures, recapitalizations, restructurings and other strategic transactions.

Its services also include capital advisory, private fund advisory, valuation and fairness opinions. Lincoln works with clients across a range of industries and helps them evaluate strategic alternatives, raise financing and assess the value of businesses, securities and other assets.

Founded in 1996 and headquartered in Chicago, Lincoln International serves clients through operations in North America, Europe and Asia.

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