Barrington Research Reiterates Outperform Rating for Lincoln Educational Services (NASDAQ:LINC)

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “outperform” rating reaffirmed by analysts at Barrington Research in a note issued to investors on Friday, Benzinga reports. They currently have a $16.00 price target on the stock. Barrington Research’s target price points to a potential upside of 28.31% from the stock’s current price.

Several other research firms have also commented on LINC. Rosenblatt Securities increased 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. StockNews.com lowered Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Friday, September 6th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.75.

Lincoln Educational Services Stock Down 0.9 %

Shares of NASDAQ:LINC opened at $12.47 on Friday. The firm has a fifty day moving average of $12.56 and a 200 day moving average of $11.47. Lincoln Educational Services has a 52-week low of $7.88 and a 52-week high of $14.52. 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 firm has a market capitalization of $392.11 million, a PE ratio of 14.67, a price-to-earnings-growth ratio of 1.55 and a beta of 1.42.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.07. The firm had revenue of $102.91 million for the quarter, compared to analyst estimates of $99.60 million. Lincoln Educational Services had a return on equity of 10.38% and a net margin of 1.95%. As a group, research analysts anticipate that Lincoln Educational Services will post 0.51 EPS for the current fiscal year.

Insider Buying and Selling at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 19,611 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $12.02, for a total value of $235,724.22. Following the sale, the insider now directly owns 876,410 shares of the company’s stock, valued at $10,534,448.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 40,819 shares of company stock worth $490,481. 16.80% of the stock is currently owned by company insiders.

Institutional Trading of Lincoln Educational Services

Several large investors have recently added to or reduced their stakes in LINC. Gladius Capital Management LP bought a new position in Lincoln Educational Services in the 2nd quarter worth $33,000. The Manufacturers Life Insurance Company bought a new position in Lincoln Educational Services in the second quarter worth about $123,000. BNP Paribas Financial Markets lifted 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 buying an additional 4,217 shares during the period. Rhumbline Advisers boosted its position in Lincoln Educational Services by 36.0% during the 2nd quarter. Rhumbline Advisers now owns 38,162 shares of the company’s stock valued at $453,000 after acquiring an additional 10,095 shares in the last quarter. Finally, Weil Company Inc. grew its holdings in shares of Lincoln Educational Services by 12.3% during the 2nd quarter. Weil Company Inc. now owns 41,125 shares of the company’s stock worth $488,000 after acquiring an additional 4,500 shares during the period. Institutional investors 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.