Lincoln Educational Services (NASDAQ:LINC) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Lincoln Educational Services (NASDAQ:LINC) from a hold rating to a buy rating in a research report report published on Tuesday.

LINC has been the subject of several other research reports. Rosenblatt Securities raised their target price on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a buy rating in a report on Friday, August 9th. Barrington Research reiterated an outperform rating and issued a $16.00 price target on shares of Lincoln Educational Services in a report on Friday, September 20th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Lincoln Educational Services currently has an average rating of Buy and an average price target of $15.75.

Lincoln Educational Services Trading Up 0.9 %

Shares of LINC stock opened at $11.63 on Tuesday. Lincoln Educational Services has a 1 year low of $7.88 and a 1 year high of $14.52. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.78 and a quick ratio of 1.75. The company has a market cap of $365.69 million, a price-to-earnings ratio of 13.68, a PEG ratio of 1.61 and a beta of 1.42. The firm has a fifty day moving average price of $12.21 and a 200-day moving average price of $11.59.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings results 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. The business had revenue of $102.91 million during the quarter, compared to analysts’ expectations of $99.60 million. Lincoln Educational Services had a return on equity of 10.38% and a net margin of 1.95%. As a group, equities analysts predict that Lincoln Educational Services will post 0.51 earnings per share for the current year.

Insider Transactions at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 2,270 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $12.04, for a total value of $27,330.80. Following the completion of the sale, the insider now directly owns 874,140 shares of the company’s stock, valued at $10,524,645.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have sold 40,819 shares of company stock valued at $490,481. 16.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Lincoln Educational Services

Several hedge funds and other institutional investors have recently made changes to their positions in LINC. First Eagle Investment Management LLC increased its stake in shares of Lincoln Educational Services by 13.6% during the first quarter. First Eagle Investment Management LLC now owns 613,097 shares of the company’s stock worth $6,333,000 after purchasing an additional 73,321 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Lincoln Educational Services by 11.3% during the 1st quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock valued at $13,875,000 after acquiring an additional 136,334 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Lincoln Educational Services by 12.6% in the second quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock valued at $7,658,000 after purchasing an additional 72,400 shares in the last quarter. Secure Asset Management LLC acquired a new position in shares of Lincoln Educational Services in the second quarter worth $612,000. Finally, Calamos Advisors LLC purchased a new stake in shares of Lincoln Educational Services in the 2nd quarter valued at approximately $576,000. Hedge funds and other institutional investors own 72.23% of the company’s stock.

About Lincoln Educational Services

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.