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 note issued to investors on Friday, Benzinga reports. Barrington Research currently has a $16.00 price target on the stock.

Other equities analysts have also issued reports about the stock. StockNews.com lowered shares of Lincoln Educational Services from a buy rating to a hold rating in a research report on Friday, September 6th. Rosenblatt Securities raised their target price 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 research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Lincoln Educational Services presently has a consensus rating of Moderate Buy and a consensus price target of $15.75.

Lincoln Educational Services Stock Performance

NASDAQ LINC opened at $12.47 on Friday. The firm has a 50-day moving average of $12.56 and a 200-day moving average of $11.48. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.75 and a current ratio of 1.78. The stock has a market cap of $392.11 million, a PE ratio of 14.67, a P/E/G ratio of 1.55 and a beta of 1.42. Lincoln Educational Services has a 52-week low of $7.88 and a 52-week high of $14.52.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates 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. On average, sell-side analysts anticipate that Lincoln Educational Services will post 0.51 EPS for the current year.

Insider Activity at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 19,611 shares of Lincoln Educational Services stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $12.02, for a total transaction of $235,724.22. Following the sale, the insider now directly owns 876,410 shares of the company’s stock, valued at approximately $10,534,448.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 40,819 shares of company stock valued at $490,481. 16.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Lincoln Educational Services

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Herr Investment Group LLC grew its holdings in shares of Lincoln Educational Services by 3.9% during the 1st quarter. Herr Investment Group LLC now owns 2,355,737 shares of the company’s stock valued at $24,335,000 after purchasing an additional 88,335 shares during the last quarter. Vanguard Group Inc. boosted its position 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 worth $13,875,000 after buying an additional 136,334 shares during the period. Dimensional Fund Advisors LP boosted its position in Lincoln Educational Services by 5.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company’s stock worth $11,509,000 after buying an additional 50,737 shares during the period. First Eagle Investment Management LLC lifted its position in shares of Lincoln Educational Services by 25.4% in the 2nd 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 period. Finally, Renaissance Technologies LLC lifted its position in shares of Lincoln Educational Services by 12.6% in the 2nd 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 period. 72.23% of the stock is 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.