Lincoln Educational Services (NASDAQ:LINC) PT Raised to $14.00

Lincoln Educational Services (NASDAQ:LINC) had its price objective upped by equities researchers at Barrington Research from $13.00 to $14.00 in a research note issued to investors on Monday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Barrington Research’s price objective indicates a potential upside of 14.29% from the stock’s previous close.

Other analysts also recently issued reports about the stock. StockNews.com upgraded shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research report on Saturday, March 2nd. B. Riley reiterated a “buy” rating and set a $14.00 price objective (up previously from $12.00) on shares of Lincoln Educational Services in a research note on Thursday, March 21st. Finally, Rosenblatt Securities restated a “buy” rating and issued a $13.50 target price on shares of Lincoln Educational Services in a research report on Monday, April 29th.

Lincoln Educational Services Stock Performance

Shares of Lincoln Educational Services stock traded up $1.16 during trading on Monday, hitting $12.25. 161,219 shares of the stock were exchanged, compared to its average volume of 87,855. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.79 and a current ratio of 1.83. Lincoln Educational Services has a 12 month low of $5.70 and a 12 month high of $12.43. The stock’s fifty day moving average is $10.11 and its 200 day moving average is $9.65. The stock has a market cap of $385.26 million, a PE ratio of 14.29, a P/E/G ratio of 1.80 and a beta of 1.33.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.04. The business had revenue of $102.52 million during the quarter, compared to the consensus estimate of $97.78 million. Lincoln Educational Services had a return on equity of 9.63% and a net margin of 6.88%. During the same period in the previous year, the firm posted $0.32 earnings per share. As a group, sell-side analysts anticipate that Lincoln Educational Services will post 0.41 EPS for the current year.

Insider Transactions at Lincoln Educational Services

In other Lincoln Educational Services news, Director J Barry Morrow sold 5,252 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $10.08, for a total value of $52,940.16. Following the transaction, the director now owns 122,911 shares of the company’s stock, valued at $1,238,942.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Lincoln Educational Services news, Director J Barry Morrow sold 5,252 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $10.08, for a total transaction of $52,940.16. Following the sale, the director now owns 122,911 shares in the company, valued at approximately $1,238,942.88. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Chad D. Nyce sold 26,000 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $10.02, for a total transaction of $260,520.00. Following the completion of the transaction, the executive vice president now owns 154,646 shares of the company’s stock, valued at $1,549,552.92. The disclosure for this sale can be found here. Insiders have sold 583,692 shares of company stock valued at $5,858,793 in the last quarter. Insiders own 16.80% of the company’s stock.

Institutional Trading of Lincoln Educational Services

Several large investors have recently added to or reduced their stakes in LINC. Bank of New York Mellon Corp grew its holdings in shares of Lincoln Educational Services by 0.9% during the third quarter. Bank of New York Mellon Corp now owns 131,825 shares of the company’s stock valued at $1,114,000 after buying an additional 1,239 shares in the last quarter. SG Americas Securities LLC grew its stake in Lincoln Educational Services by 31.1% during the 4th quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock valued at $135,000 after acquiring an additional 3,182 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Lincoln Educational Services by 60.2% in the 1st quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock valued at $116,000 after purchasing an additional 4,217 shares during the period. Essex Investment Management Co. LLC lifted its position in shares of Lincoln Educational Services by 1.4% in the first quarter. Essex Investment Management Co. LLC now owns 420,360 shares of the company’s stock worth $4,342,000 after purchasing an additional 5,832 shares in the last quarter. Finally, AJOVista LLC acquired a new stake in shares of Lincoln Educational Services during the fourth quarter worth approximately $67,000. 72.23% of the stock is owned by institutional investors and hedge funds.

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.