Lincoln Educational Services (NASDAQ:LINC) Earns “Outperform” Rating from Barrington Research

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “outperform” rating reiterated by equities researchers at Barrington Research in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $22.00 price objective on the stock. Barrington Research’s price target would suggest a potential upside of 42.53% from the stock’s current price.

Separately, Rosenblatt Securities raised their target price on Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $20.25.

Lincoln Educational Services Trading Down 1.7 %

LINC traded down $0.27 during trading on Wednesday, hitting $15.44. 33,828 shares of the company’s stock were exchanged, compared to its average volume of 129,272. Lincoln Educational Services has a 1 year low of $9.51 and a 1 year high of $19.79. The stock has a 50 day moving average price of $16.53 and a 200 day moving average price of $15.03. The firm has a market cap of $487.64 million, a P/E ratio of 48.24, a price-to-earnings-growth ratio of 1.70 and a beta of 1.61. 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 announced its quarterly earnings results on Monday, February 24th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.11. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. The firm had revenue of $119.37 million during the quarter, compared to analysts’ expectations of $110.50 million. As a group, analysts expect that Lincoln Educational Services will post 0.54 EPS for the current fiscal year.

Institutional Trading of Lincoln Educational Services

Large investors have recently modified their holdings of the business. McIlrath & Eck LLC boosted its holdings in Lincoln Educational Services by 156.4% in the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company’s stock valued at $36,000 after purchasing an additional 1,383 shares during the last quarter. Summit Investment Advisors Inc. boosted its stake in shares of Lincoln Educational Services by 39.6% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company’s stock valued at $43,000 after buying an additional 775 shares during the last quarter. Morse Asset Management Inc acquired a new stake in shares of Lincoln Educational Services during the fourth quarter worth approximately $101,000. Aquatic Capital Management LLC bought a new stake in shares of Lincoln Educational Services in the fourth quarter worth $135,000. Finally, Janus Henderson Group PLC bought a new stake in shares of Lincoln Educational Services in the third quarter worth $144,000. 72.23% of the stock is currently owned by institutional investors and hedge funds.

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.