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

Key Points

• Analysts give Lincoln International a consensus “Hold” rating: of 10 firms, two recommend selling, four holding, three buying, and one strongly buying. The average 12-month price target is $27.21.
• The company reported quarterly EPS of $0.46, beating the $0.39 consensus estimate by $0.07, on revenue of $293.65 million.
• Lincoln International announced a quarterly dividend of $0.07 per share, equal to an annualized $0.28 and a 1.0% yield.

Shares of Lincoln International Inc. (NYSE:LCLN - Get Free Report) have been given an average recommendation of "Hold" by the ten ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $27.21.

A number of analysts have issued reports on LCLN shares. Keefe, Bruyette & Woods reaffirmed a "market perform" rating on shares of Lincoln International in a report on Friday, November 6th. Weiss Ratings upgraded Lincoln International from a "sell (e)" rating to a "sell (e+)" rating in a report on Monday. Morgan Stanley cut their price target on Lincoln International from $28.00 to $27.00 and set an "equal weight" rating for the company in a report on Thursday, October 8th. Zacks Research cut Lincoln International from a "hold" rating to a "strong sell" rating in a research report on Friday, October 9th. Finally, Evercore set a $26.00 price objective on shares of Lincoln International in a research note on Wednesday, August 12th.

Lincoln International Price Performance

Lincoln International stock opened at $27.05 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.76 and a current ratio of 1.76. Lincoln International has a fifty-two week low of $20.05 and a fifty-two week high of $28.71. The stock's fifty day moving average price is $24.98. The firm has a market cap of $983.79 million and a price-to-earnings ratio of 37.57.

Lincoln International (NYSE:LCLN - Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.07. The business had revenue of $293.65 million during the quarter. As a group, sell-side analysts expect that Lincoln International will post 1.28 earnings per share for the current year.

Lincoln International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, December 1st. Lincoln International's dividend payout ratio is presently 38.89%.

Institutional Trading of Lincoln International

A number of hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue bought a new position in shares of Lincoln International during the 3rd quarter worth about $33,000. Russell Investments Group Ltd. acquired a new stake in Lincoln International during the third quarter worth about $43,000. Bridgewealth Advisory Group LLC acquired a new stake in Lincoln International during the third quarter worth about $427,000. State Street Corp bought a new position in Lincoln International during the second quarter valued at about $436,000. Finally, Readystate Asset Management LP bought a new position in Lincoln International during the second quarter valued at about $716,000.

Lincoln International Company Profile

Lincoln International is an independent global investment banking advisory firm that works with businesses, shareholders and financial sponsors. Its services include mergers and acquisitions advice, capital advisory, valuation and fairness opinions, and restructuring and special situations advisory. Founded in 1996 and headquartered in Chicago, the firm serves clients across the Americas, Europe and Asia through an international network of offices. Its advisory work spans a range of industries and transaction types.

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