Lincoln Educational Services (LINC) Expected to Announce Earnings on Monday

Lincoln Educational Services (NASDAQ:LINC) will likely be posting its quarterly earnings results before the market opens on Monday, February 24th. Analysts expect Lincoln Educational Services to post earnings of $0.20 per share and revenue of $110.85 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Lincoln Educational Services Stock Down 8.7 %

LINC opened at $16.09 on Friday. The business’s 50-day simple moving average is $16.11 and its 200-day simple moving average is $14.34. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. Lincoln Educational Services has a one year low of $9.29 and a one year high of $18.74. The stock has a market capitalization of $506.51 million, a P/E ratio of 50.28, a price-to-earnings-growth ratio of 1.74 and a beta of 1.41.

Analysts Set New Price Targets

Several equities analysts recently issued reports on LINC shares. Barrington Research restated an “outperform” rating and issued a $20.00 price target on shares of Lincoln Educational Services in a research report on Wednesday. B. Riley boosted their price target on Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

Insider Activity at Lincoln Educational Services

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 34,997 shares of Lincoln Educational Services stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $16.52, for a total value of $578,150.44. Following the sale, the insider now owns 669,926 shares of the company’s stock, valued at approximately $11,067,177.52. The trade was a 4.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Chad D. Nyce sold 9,977 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $16.50, for a total value of $164,620.50. Following the sale, the executive vice president now directly owns 144,669 shares in the company, valued at $2,387,038.50. This trade represents a 6.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 182,090 shares of company stock worth $2,987,371 in the last quarter. Company insiders own 16.80% 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.