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

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

Several other research analysts have also issued reports on LINC. Rosenblatt Securities raised their price target 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. StockNews.com downgraded shares of Lincoln Educational Services from a buy rating to a hold rating in a research note on Friday, September 6th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Lincoln Educational Services presently has an average rating of Moderate Buy and a consensus target price of $15.75.

Lincoln Educational Services Trading Down 1.4 %

LINC opened at $12.30 on Friday. The company’s 50 day moving average is $12.55 and its 200-day moving average is $11.49. The company has a market cap of $386.76 million, a P/E ratio of 14.47, a PEG ratio of 1.55 and a beta of 1.42. Lincoln Educational Services has a 1-year low of $7.88 and a 1-year high of $14.52. 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 posted its earnings results on Thursday, August 8th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.07. Lincoln Educational Services had a return on equity of 10.38% and a net margin of 1.95%. The firm had revenue of $102.91 million during the quarter, compared to the consensus estimate of $99.60 million. Equities research analysts predict that Lincoln Educational Services will post 0.51 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder Juniper Investment Company, Ll sold 19,611 shares of the stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $12.02, for a total transaction of $235,724.22. Following the completion of the transaction, the insider now owns 876,410 shares in the company, valued at $10,534,448.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. Over the last three months, insiders have sold 40,819 shares of company stock worth $490,481. 16.80% of the stock is owned by company insiders.

Institutional Trading of Lincoln Educational Services

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Eagle Investment Management LLC boosted its position in shares of Lincoln Educational Services by 25.4% in the second quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company’s stock valued at $9,119,000 after acquiring an additional 155,754 shares during the period. Vanguard Group Inc. grew its position in shares of 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 purchasing an additional 136,334 shares in the last quarter. Pullen Investment Management LLC bought a new position in shares of Lincoln Educational Services in the first quarter worth $1,259,000. Herr Investment Group LLC increased its holdings in shares of Lincoln Educational Services by 3.9% in the first quarter. Herr Investment Group LLC now owns 2,355,737 shares of the company’s stock worth $24,335,000 after purchasing an additional 88,335 shares during the period. Finally, Renaissance Technologies LLC raised its position 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 worth $7,658,000 after buying an additional 72,400 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors.

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.