Lincoln Educational Services Corporation (NASDAQ:LINC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Lincoln Educational Services Corporation (NASDAQ:LINC) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $25.00.

LINC has been the topic of several research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lincoln Educational Services in a research report on Wednesday, October 8th. Barrington Research restated an “outperform” rating and issued a $25.00 price objective on shares of Lincoln Educational Services in a research report on Wednesday, October 29th. Zacks Research raised Lincoln Educational Services to a “hold” rating in a report on Friday, August 8th. Finally, Rosenblatt Securities lifted their target price on Lincoln Educational Services from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, August 12th.

Hedge Funds Weigh In On Lincoln Educational Services

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Lincoln Educational Services by 3.6% during the third quarter. Vanguard Group Inc. now owns 1,682,345 shares of the company’s stock worth $39,535,000 after acquiring an additional 58,582 shares in the last quarter. Essex Investment Management Co. LLC increased its position in shares of Lincoln Educational Services by 3.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 397,359 shares of the company’s stock worth $9,338,000 after purchasing an additional 12,807 shares during the last quarter. State of Wyoming bought a new stake in shares of Lincoln Educational Services during the 3rd quarter worth approximately $54,000. Strs Ohio boosted its holdings in shares of Lincoln Educational Services by 15.8% in the 3rd quarter. Strs Ohio now owns 30,000 shares of the company’s stock valued at $705,000 after buying an additional 4,100 shares during the last quarter. Finally, Pullen Investment Management LLC boosted its holdings in shares of Lincoln Educational Services by 16.2% in the 3rd quarter. Pullen Investment Management LLC now owns 184,148 shares of the company’s stock valued at $4,327,000 after buying an additional 25,617 shares during the last quarter. Institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Stock Down 0.1%

Lincoln Educational Services stock opened at $17.80 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.90 and a quick ratio of 0.85. Lincoln Educational Services has a fifty-two week low of $14.10 and a fifty-two week high of $25.76. The firm has a fifty day moving average price of $21.10 and a two-hundred day moving average price of $21.37. The firm has a market cap of $562.80 million, a price-to-earnings ratio of 38.70, a P/E/G ratio of 1.85 and a beta of 1.18.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. Lincoln Educational Services had a return on equity of 11.20% and a net margin of 3.05%.The company had revenue of $116.47 million during the quarter, compared to the consensus estimate of $113.96 million. As a group, analysts forecast that Lincoln Educational Services will post 0.54 earnings per share for the current year.

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.