Lincoln Educational Services (NASDAQ:LINC) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Lincoln Educational Services Co. (NASDAQ:LINC) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.59 and traded as high as $15.34. Lincoln Educational Services shares last traded at $15.11, with a volume of 80,281 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on LINC shares. Barrington Research increased their price target on shares of Lincoln Educational Services from $16.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, November 11th. B. Riley lifted their price target on Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, StockNews.com cut shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 9th. 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 data from MarketBeat.com, Lincoln Educational Services has an average rating of “Moderate Buy” and an average target price of $18.00.

Lincoln Educational Services Stock Performance

The firm has a fifty day simple moving average of $15.76 and a 200-day simple moving average of $13.62. The stock has a market cap of $475.65 million, a price-to-earnings ratio of 47.22, a P/E/G ratio of 1.98 and a beta of 1.43. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings data on Monday, November 11th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. The company had revenue of $114.41 million during the quarter, compared to the consensus estimate of $111.05 million. During the same quarter in the prior year, the company posted $0.11 EPS. Analysts forecast that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Insider Transactions at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of Lincoln Educational Services stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $16.19, for a total value of $992,268.91. Following the sale, the insider now owns 425,544 shares of the company’s stock, valued at approximately $6,889,557.36. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian K. Meyers sold 6,892 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $16.38, for a total transaction of $112,890.96. Following the transaction, the chief financial officer now owns 266,133 shares of the company’s stock, valued at approximately $4,359,258.54. This represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 223,002 shares of company stock valued at $3,632,824 over the last three months. 16.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Lincoln Educational Services

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Essex Investment Management Co. LLC grew its stake in Lincoln Educational Services by 0.3% in the 3rd quarter. Essex Investment Management Co. LLC now owns 443,739 shares of the company’s stock valued at $5,298,000 after buying an additional 1,490 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Lincoln Educational Services by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 74,935 shares of the company’s stock worth $895,000 after acquiring an additional 2,545 shares in the last quarter. Auxier Asset Management boosted its stake in Lincoln Educational Services by 2.1% in the second quarter. Auxier Asset Management now owns 238,324 shares of the company’s stock valued at $2,827,000 after buying an additional 5,000 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Lincoln Educational Services by 10.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 105,364 shares of the company’s stock valued at $1,258,000 after acquiring an additional 10,081 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Lincoln Educational Services by 36.0% during the second quarter. Rhumbline Advisers now owns 38,162 shares of the company’s stock worth $453,000 after purchasing an additional 10,095 shares during the period. 72.23% of the stock is owned by institutional investors.

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.