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

Lincoln Educational Services (NASDAQ:LINC) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday.

LINC has been the topic of a number of other research reports. Rosenblatt Securities upped their price target on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Barrington Research reissued an “outperform” rating and issued a $16.00 price objective on shares of Lincoln Educational Services in a research note on Friday, September 20th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $15.75.

Lincoln Educational Services Price Performance

Shares of LINC opened at $11.63 on Tuesday. The business has a 50-day moving average of $12.36 and a 200-day moving average of $11.58. Lincoln Educational Services has a 1 year low of $7.88 and a 1 year high of $14.52. The company has a market capitalization of $365.69 million, a price-to-earnings ratio of 13.78, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.78 and a quick ratio of 1.75.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $102.91 million during the quarter, compared to analyst estimates of $99.60 million. As a group, equities research analysts anticipate that Lincoln Educational Services will post 0.51 earnings per share for the current year.

Insider Buying and Selling at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 19,611 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $12.02, for a total transaction of $235,724.22. Following the transaction, the insider now directly owns 876,410 shares of the company’s stock, valued at approximately $10,534,448.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 40,819 shares of company stock valued at $490,481. Corporate insiders own 16.80% of the company’s stock.

Institutional Trading of Lincoln Educational Services

Hedge funds have recently bought and sold shares of the business. First Eagle Investment Management LLC lifted its position in Lincoln Educational Services by 13.6% in the 1st quarter. First Eagle Investment Management LLC now owns 613,097 shares of the company’s stock valued at $6,333,000 after acquiring an additional 73,321 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Lincoln Educational Services by 11.3% in the first 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. Renaissance Technologies LLC boosted its position in shares of Lincoln Educational Services by 12.6% during the second quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock valued at $7,658,000 after buying an additional 72,400 shares during the last quarter. Secure Asset Management LLC bought a new stake in Lincoln Educational Services during the second quarter worth $612,000. Finally, Calamos Advisors LLC bought a new stake in Lincoln Educational Services during the second quarter worth $576,000. 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.