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

Lincoln Educational Services (NASDAQ:LINC) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report released on Friday.

A number of other research firms have also recently commented on LINC. Rosenblatt Securities lifted their price target on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday. Barrington Research reiterated an “outperform” rating and set a $16.00 target price on shares of Lincoln Educational Services in a research note on Thursday. B. Riley increased their price target on Lincoln Educational Services from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Finally, Lake Street Capital raised their price target on Lincoln Educational Services from $14.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $15.75.

Lincoln Educational Services Stock Performance

LINC stock traded down $0.20 during trading hours on Friday, reaching $11.98. The stock had a trading volume of 102,094 shares, compared to its average volume of 117,516. The stock has a market capitalization of $376.70 million, a PE ratio of 14.09, a price-to-earnings-growth ratio of 1.84 and a beta of 1.41. The stock has a 50-day simple moving average of $12.03 and a 200 day simple moving average of $10.97. Lincoln Educational Services has a fifty-two week low of $7.88 and a fifty-two week high of $14.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.98 and a quick ratio of 1.94.

Insider Activity

In related news, major shareholder Juniper Investment Company, Ll sold 25,010 shares of Lincoln Educational Services stock in a transaction that occurred 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 of the company’s stock, valued at $2,894,013.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 16.80% of the company’s stock.

Institutional Investors Weigh In On Lincoln Educational Services

Several hedge funds have recently modified their holdings of LINC. Gladius Capital Management LP acquired a new stake in Lincoln Educational Services during the second quarter worth approximately $33,000. Pullen Investment Management LLC boosted its position in shares of Lincoln Educational Services by 2.4% during the 2nd quarter. Pullen Investment Management LLC now owns 124,832 shares of the company’s stock worth $1,481,000 after purchasing an additional 2,924 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Lincoln Educational Services by 31.1% in the 4th quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock valued at $135,000 after buying an additional 3,182 shares during the period. BNP Paribas Financial Markets boosted its holdings in Lincoln Educational Services by 60.2% in the first quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock worth $116,000 after acquiring an additional 4,217 shares in the last quarter. Finally, Weil Company Inc. lifted its position in Lincoln Educational Services by 12.3% in the 2nd quarter. Weil Company Inc. now owns 41,125 shares of the company’s stock valued at $488,000 after acquiring an additional 4,500 shares in the last quarter. Institutional investors and hedge funds 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.