Barrington Research Increases Lincoln Educational Services (NASDAQ:LINC) Price Target to $16.00

Lincoln Educational Services (NASDAQ:LINC) had its price target increased by equities research analysts at Barrington Research from $14.00 to $16.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Barrington Research’s price target points to a potential upside of 20.48% from the stock’s previous close.

Several other brokerages also recently commented on LINC. Lake Street Capital upped their price target 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. B. Riley increased their target price on shares of Lincoln Educational Services from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $13.50 target price on shares of Lincoln Educational Services in a research report on Monday, April 29th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Lincoln Educational Services has an average rating of “Moderate Buy” and a consensus price target of $14.88.

Lincoln Educational Services Trading Down 5.9 %

Shares of NASDAQ:LINC opened at $13.28 on Wednesday. The stock has a market capitalization of $417.52 million, a price-to-earnings ratio of 15.62, a PEG ratio of 1.96 and a beta of 1.41. Lincoln Educational Services has a 1-year low of $7.01 and a 1-year high of $14.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.94 and a current ratio of 1.98. The company has a 50 day moving average price of $11.96 and a 200 day moving average price of $10.82.

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

Insider Transactions at Lincoln Educational Services

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

Institutional Trading of Lincoln Educational Services

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Herr Investment Group LLC lifted 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 worth $24,335,000 after acquiring an additional 88,335 shares during the period. Vanguard Group Inc. lifted its holdings 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 worth $13,875,000 after acquiring an additional 136,334 shares during the period. First Eagle Investment Management LLC lifted its holdings in shares of Lincoln Educational Services by 13.6% during the 1st quarter. First Eagle Investment Management LLC now owns 613,097 shares of the company’s stock worth $6,333,000 after acquiring an additional 73,321 shares during the period. Essex Investment Management Co. LLC lifted its holdings in shares of Lincoln Educational Services by 1.4% during the 1st quarter. Essex Investment Management Co. LLC now owns 420,360 shares of the company’s stock worth $4,342,000 after acquiring an additional 5,832 shares during the period. Finally, Rice Hall James & Associates LLC lifted its holdings in shares of Lincoln Educational Services by 29.2% during the 1st quarter. Rice Hall James & Associates LLC now owns 258,515 shares of the company’s stock worth $2,670,000 after acquiring an additional 58,369 shares during the period. 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.