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

Lincoln Educational Services (NASDAQ:LINC) is set to announce its earnings results before the market opens on Monday, May 6th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Monday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.04. The business had revenue of $102.52 million during the quarter, compared to analyst estimates of $97.78 million. Lincoln Educational Services had a return on equity of 9.63% and a net margin of 6.88%. During the same period last year, the company earned $0.32 EPS. On average, analysts expect Lincoln Educational Services to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lincoln Educational Services Price Performance

NASDAQ:LINC opened at $11.09 on Friday. Lincoln Educational Services has a 1 year low of $5.44 and a 1 year high of $11.55. The business has a 50 day simple moving average of $10.11 and a 200-day simple moving average of $9.63. The firm has a market capitalization of $348.78 million, a price-to-earnings ratio of 12.90, a PEG ratio of 1.75 and a beta of 1.33. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.83 and a quick ratio of 1.79.

Wall Street Analyst Weigh In

LINC has been the topic of several recent research reports. Barrington Research reaffirmed an “outperform” rating and set a $12.00 target price on shares of Lincoln Educational Services in a research report on Tuesday, February 13th. Rosenblatt Securities reissued a “buy” rating and issued a $13.50 price objective on shares of Lincoln Educational Services in a research report on Monday, April 29th. B. Riley restated a “buy” rating and issued a $14.00 target price (up previously from $12.00) on shares of Lincoln Educational Services in a research note on Thursday, March 21st. Finally, StockNews.com upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating in a research note on Saturday, March 2nd.

Insider Activity at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of Lincoln Educational Services stock in a transaction dated 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 completion of the transaction, the insider now owns 1,436,631 shares in the company, valued at approximately $14,553,072.03. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, Director J Barry Morrow sold 5,252 shares of Lincoln Educational Services stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $10.08, for a total value of $52,940.16. Following the sale, the director now directly owns 122,911 shares in the company, valued at approximately $1,238,942.88. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the business’s 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 transaction, the insider now owns 1,436,631 shares in the company, valued at $14,553,072.03. The disclosure for this sale can be found here. Insiders sold a total of 583,692 shares of company stock worth $5,858,793 in the last 90 days. Corporate insiders own 16.80% 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.