Lincoln Educational Services (NASDAQ:LINC) Receives Outperform Rating from Barrington Research

Barrington Research reissued their outperform rating on shares of Lincoln Educational Services (NASDAQ:LINC) in a research report released on Monday morning, MarketBeat Ratings reports. Barrington Research currently has a $27.00 price target on the stock.

Several other research firms have also weighed in on LINC. Zacks Research raised Lincoln Educational Services to a “hold” rating in a research note on Friday, August 8th. Wall Street Zen downgraded Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lincoln Educational Services in a research report on Wednesday, October 8th. Finally, Rosenblatt Securities boosted their price objective on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $25.40.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $21.10 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. The firm’s 50 day moving average is $21.27 and its 200-day moving average is $21.56. Lincoln Educational Services has a 12-month low of $14.10 and a 12-month high of $25.76. The stock has a market capitalization of $667.27 million, a P/E ratio of 45.87, a P/E/G ratio of 1.85 and a beta of 1.18.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Monday, November 10th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.08. The firm had revenue of $141.39 million during the quarter, compared to analysts’ expectations of $129.85 million. Lincoln Educational Services had a net margin of 3.05% and a return on equity of 11.20%. Lincoln Educational Services has set its FY 2025 guidance at EPS. Equities research analysts anticipate that Lincoln Educational Services will post 0.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Lincoln Educational Services

Institutional investors and hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP acquired a new position in shares of Lincoln Educational Services in the first quarter worth $8,344,000. Cannell Capital LLC grew its stake in Lincoln Educational Services by 248.6% in the third quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock valued at $13,548,000 after purchasing an additional 411,111 shares in the last quarter. Alyeska Investment Group L.P. increased its position in Lincoln Educational Services by 26.1% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock worth $34,066,000 after purchasing an additional 300,000 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Lincoln Educational Services by 293.7% during the 2nd quarter. American Century Companies Inc. now owns 389,989 shares of the company’s stock worth $8,989,000 after purchasing an additional 290,935 shares in the last quarter. Finally, Wasatch Advisors LP raised its stake in shares of Lincoln Educational Services by 22.1% during the 2nd quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company’s stock worth $25,703,000 after purchasing an additional 202,170 shares in the last quarter. 72.23% of the stock is currently owned by hedge funds and other institutional investors.

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.