Lincoln Educational Services (NASDAQ:LINC) PT Raised to $15.00 at Lake Street Capital

Lincoln Educational Services (NASDAQ:LINCFree Report) had its price target raised by Lake Street Capital from $14.00 to $15.00 in a report issued on Tuesday, Benzinga reports. They currently have a buy rating on the stock.

A number of other equities analysts have also weighed in on the stock. Barrington Research upped their target price on shares of Lincoln Educational Services from $13.00 to $14.00 and gave the stock an outperform rating in a research note on Monday. B. Riley reissued a buy rating and issued a $14.00 target price (up previously from $12.00) on shares of Lincoln Educational Services in a research report on Thursday, March 21st. Rosenblatt Securities reaffirmed a buy rating and set a $13.50 price target on shares of Lincoln Educational Services in a research report on Monday, April 29th. Finally, StockNews.com upgraded shares of Lincoln Educational Services from a hold rating to a buy rating in a report on Saturday, March 2nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of $14.38.

Check Out Our Latest Research Report on LINC

Lincoln Educational Services Trading Down 4.0 %

LINC stock traded down $0.50 during midday trading on Tuesday, hitting $12.14. 89,786 shares of the company’s stock were exchanged, compared to its average volume of 79,311. The company has a market cap of $381.80 million, a PE ratio of 14.28, a price-to-earnings-growth ratio of 1.99 and a beta of 1.33. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.79 and a current ratio of 1.83. The stock’s fifty day moving average price is $10.33 and its 200-day moving average price is $9.77. Lincoln Educational Services has a one year low of $5.99 and a one year high of $13.05.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last posted its earnings results on Monday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. The business had revenue of $102.52 million during the quarter, compared to analysts’ expectations of $97.78 million. Lincoln Educational Services had a return on equity of 9.86% and a net margin of 6.57%. During the same period in the prior year, the business earned $0.32 EPS. Research analysts predict that Lincoln Educational Services will post 0.41 earnings per share for the current fiscal year.

Insider Transactions at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $10.13, for a total value of $1,717,966.96. Following the sale, the insider now owns 1,436,631 shares in the company, valued at approximately $14,553,072.03. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director J Barry Morrow sold 5,252 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $10.08, for a total value of $52,940.16. Following the transaction, the director now owns 122,911 shares of the company’s stock, valued at $1,238,942.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Juniper Investment Company, Ll sold 169,592 shares of Lincoln Educational Services stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.13, for a total value of $1,717,966.96. Following the sale, the insider now directly owns 1,436,631 shares of the company’s stock, valued at $14,553,072.03. The disclosure for this sale can be found here. Insiders have sold 583,692 shares of company stock worth $5,858,793 in the last ninety days. Insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. EAM Investors LLC acquired a new position in shares of Lincoln Educational Services in the third quarter valued at about $1,752,000. Vanguard Group Inc. boosted its holdings in Lincoln Educational Services by 11.3% in the 1st 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 during the period. Pullen Investment Management LLC acquired a new position in shares of Lincoln Educational Services during the 1st quarter worth approximately $1,259,000. Pacific Ridge Capital Partners LLC raised its position in shares of Lincoln Educational Services by 27.2% in the third quarter. Pacific Ridge Capital Partners LLC now owns 506,990 shares of the company’s stock valued at $4,284,000 after buying an additional 108,550 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in shares of Lincoln Educational Services by 13.6% in the first quarter. First Eagle Investment Management LLC now owns 613,097 shares of the company’s stock valued at $6,333,000 after buying an additional 73,321 shares during the period. Institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Company Profile

(Get Free Report)

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.

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