Barrington Research Reaffirms “Outperform” Rating for Lincoln Educational Services (NASDAQ:LINC)

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “outperform” rating reissued by analysts at Barrington Research in a research report issued on Friday, Benzinga reports. They currently have a $16.00 price target on the stock. Barrington Research’s price objective indicates a potential upside of 28.62% from the company’s current price.

A number of other research firms also recently weighed in on LINC. StockNews.com downgraded Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Friday, September 6th. Rosenblatt Securities lifted their price objective on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.75.

Lincoln Educational Services Stock Performance

LINC traded down $0.14 on Friday, reaching $12.44. The company had a trading volume of 57,379 shares, compared to its average volume of 111,130. The stock has a market cap of $391.16 million, a P/E ratio of 14.64, a P/E/G ratio of 1.55 and a beta of 1.42. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.75 and a current ratio of 1.78. Lincoln Educational Services has a fifty-two week low of $7.88 and a fifty-two week high of $14.52. The company’s fifty day moving average is $12.55 and its 200 day moving average is $11.44.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Thursday, August 8th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.07. The company 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, analysts predict that Lincoln Educational Services will post 0.51 earnings per share for the current fiscal year.

Insider Activity at Lincoln Educational Services

In other news, major shareholder Juniper Investment Company, Ll sold 2,270 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $12.04, for a total value of $27,330.80. Following the completion of the transaction, the insider now directly owns 874,140 shares in the company, valued at approximately $10,524,645.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 40,819 shares of company stock valued at $490,481 over the last quarter. 16.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lincoln Educational Services

Several hedge funds and other institutional investors have recently modified their holdings of LINC. Gladius Capital Management LP acquired a new stake in shares of Lincoln Educational Services in the 2nd quarter valued at approximately $33,000. BNP Paribas Financial Markets boosted its position 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 valued at $116,000 after buying an additional 4,217 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of Lincoln Educational Services during the second quarter worth $123,000. Rhumbline Advisers lifted its stake in shares of Lincoln Educational Services by 36.0% in 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 during the last quarter. Finally, Weil Company Inc. boosted 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 valued at $488,000 after acquiring an additional 4,500 shares in the last quarter. Institutional investors own 72.23% of the company’s stock.

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.