Lincoln Educational Services (NASDAQ:LINC) Stock Rating Reaffirmed by Barrington Research

Barrington Research reaffirmed their outperform rating on shares of Lincoln Educational Services (NASDAQ:LINC) in a research report released on Monday morning, Benzinga reports. They currently have a $14.00 price target on the stock.

LINC has been the subject of a number of other reports. Rosenblatt Securities reiterated a buy rating and issued a $13.50 price target on shares of Lincoln Educational Services in a research report on Monday, April 29th. Lake Street Capital boosted their price objective on shares of Lincoln Educational Services from $14.00 to $15.00 and gave the company a buy rating in a research report on Tuesday, May 7th. StockNews.com downgraded shares of Lincoln Educational Services from a buy rating to a hold rating in a research report on Wednesday, May 8th. Finally, B. Riley boosted their price objective on shares of Lincoln Educational Services from $14.00 to $15.00 and gave the company a buy rating in a research report on Tuesday, May 7th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and an average price target of $14.38.

Lincoln Educational Services Stock Up 0.6 %

NASDAQ LINC opened at $10.51 on Monday. The company has a current ratio of 1.98, a quick ratio of 1.94 and a debt-to-equity ratio of 0.18. Lincoln Educational Services has a 1-year low of $5.99 and a 1-year high of $13.05. The company has a 50 day moving average of $11.07 and a 200-day moving average of $10.23. The company has a market cap of $330.43 million, a price-to-earnings ratio of 12.36, a PEG ratio of 1.45 and a beta of 1.32.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings results on Monday, May 6th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. Lincoln Educational Services had a net margin of 6.57% and a return on equity of 9.79%. The company had revenue of $103.37 million during the quarter, compared to the consensus estimate of $97.30 million. On average, equities research analysts expect that Lincoln Educational Services will post 0.48 earnings per share for the current fiscal year.

Insider Buying and Selling at Lincoln Educational Services

In other news, major shareholder Juniper Investment Company, Ll sold 25,010 shares of the company’s stock in a transaction on Friday, May 31st. The shares were sold at an average price of $11.75, for a total transaction of $293,867.50. Following the completion of the transaction, the insider now directly owns 246,299 shares in the company, valued at $2,894,013.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AJOVista LLC acquired a new position in shares of Lincoln Educational Services during the fourth quarter worth $67,000. New York State Common Retirement Fund increased its holdings in shares of Lincoln Educational Services by 1,513.5% during the fourth quarter. New York State Common Retirement Fund now owns 8,600 shares of the company’s stock worth $86,000 after buying an additional 8,067 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Lincoln Educational Services by 60.2% in the first quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock worth $116,000 after purchasing an additional 4,217 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Lincoln Educational Services by 31.1% in the fourth quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock worth $135,000 after purchasing an additional 3,182 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of Lincoln Educational Services in the third quarter worth $221,000. 72.23% of the stock is currently owned by institutional investors and hedge funds.

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.