Lincoln Educational Services (NASDAQ:LINC) Earns Outperform Rating from Barrington Research

Barrington Research restated their outperform rating on shares of Lincoln Educational Services (NASDAQ:LINC) in a research report report published on Friday, Benzinga reports. The firm currently has a $16.00 price target on the stock.

Several other equities analysts have also weighed in on the stock. StockNews.com lowered shares of Lincoln Educational Services from a buy rating to a hold rating in a report on Friday, September 6th. Rosenblatt Securities increased their price objective on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the company a buy rating in a report on Friday, August 9th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Lincoln Educational Services presently has a consensus rating of Moderate Buy and an average price target of $15.75.

Lincoln Educational Services Price Performance

Shares of LINC stock opened at $12.47 on Friday. The firm’s 50 day moving average is $12.56 and its 200-day moving average is $11.48. Lincoln Educational Services has a 1 year low of $7.88 and a 1 year high of $14.52. The firm has a market capitalization of $392.11 million, a price-to-earnings ratio of 14.67, a PEG ratio of 1.55 and a beta of 1.42. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 0.17.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.07. Lincoln Educational Services had a net margin of 1.95% and a return on equity of 10.38%. The business had revenue of $102.91 million for the quarter, compared to analyst estimates of $99.60 million. Sell-side analysts forecast that Lincoln Educational Services will post 0.51 EPS for the current fiscal year.

Insider Transactions at Lincoln Educational Services

In other news, major shareholder Juniper Investment Company, Ll sold 2,270 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $12.04, for a total transaction of $27,330.80. Following the completion of the sale, the insider now owns 874,140 shares of the company’s stock, valued at $10,524,645.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 40,819 shares of company stock valued at $490,481 over the last quarter. Corporate insiders own 16.80% of the company’s stock.

Institutional Investors Weigh In On Lincoln Educational Services

Large investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company acquired a new position in Lincoln Educational Services during the second quarter worth $123,000. Auxier Asset Management boosted its holdings in Lincoln Educational Services by 2.1% during the second quarter. Auxier Asset Management now owns 238,324 shares of the company’s stock worth $2,827,000 after purchasing an additional 5,000 shares during the last quarter. First Eagle Investment Management LLC boosted its holdings in Lincoln Educational Services by 25.4% during the second quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company’s stock worth $9,119,000 after purchasing an additional 155,754 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Lincoln Educational Services by 12.6% during the second quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock worth $7,658,000 after purchasing an additional 72,400 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Lincoln Educational Services by 5.5% during the second quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company’s stock worth $11,509,000 after purchasing an additional 50,737 shares during the last quarter. Institutional investors own 72.23% 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 two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service and information technology programs, such as culinary, therapeutic massage, cosmetology, aesthetics, and computer systems support technicians.