Rosenblatt Securities Boosts Lincoln Educational Services (NASDAQ:LINC) Price Target to $25.00

Lincoln Educational Services (NASDAQ:LINC) had its price target lifted by stock analysts at Rosenblatt Securities from $24.00 to $25.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Rosenblatt Securities’ target price would suggest a potential upside of 20.25% from the stock’s current price.

A number of other brokerages also recently issued reports on LINC. Barrington Research increased their price target on Lincoln Educational Services from $22.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday. Northland Securities began coverage on Lincoln Educational Services in a research report on Thursday, April 24th. They set an “outperform” rating and a $24.00 price target on the stock. B. Riley began coverage on Lincoln Educational Services in a research report on Friday, March 28th. They set a “buy” rating and a $23.00 price target on the stock. Finally, Northland Capmk raised Lincoln Educational Services to a “strong-buy” rating in a research report on Thursday, April 24th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Lincoln Educational Services has an average rating of “Buy” and an average price target of $24.60.

Lincoln Educational Services Trading Up 0.7%

Shares of LINC stock opened at $20.79 on Tuesday. The firm has a 50 day moving average price of $16.86 and a two-hundred day moving average price of $16.33. The company has a quick ratio of 1.53, a current ratio of 1.57 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $656.82 million, a PE ratio of 64.97, a price-to-earnings-growth ratio of 1.70 and a beta of 1.63. Lincoln Educational Services has a 12-month low of $10.06 and a 12-month high of $22.27.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings results on Monday, May 12th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.07. The company had revenue of $117.51 million during the quarter, compared to the consensus estimate of $114.55 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. As a group, analysts predict that Lincoln Educational Services will post 0.54 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. McIlrath & Eck LLC raised its position in Lincoln Educational Services by 156.4% during 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 in the last quarter. Summit Investment Advisors Inc. grew its stake in shares of Lincoln Educational Services by 39.6% during the fourth quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company’s stock worth $43,000 after buying an additional 775 shares during the last quarter. Morse Asset Management Inc bought a new stake in shares of Lincoln Educational Services during the fourth quarter worth $101,000. Aquatic Capital Management LLC bought a new stake in shares of Lincoln Educational Services during the fourth quarter worth $135,000. Finally, Parallel Advisors LLC grew its stake in shares of Lincoln Educational Services by 20.3% during the first quarter. Parallel Advisors LLC now owns 8,878 shares of the company’s stock worth $141,000 after buying an additional 1,500 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

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.