30,000 Shares in Lincoln Educational Services Corporation $LINC Bought by Archon Capital Management LLC

Archon Capital Management LLC purchased a new stake in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 30,000 shares of the company’s stock, valued at approximately $692,000. Archon Capital Management LLC owned 0.09% of Lincoln Educational Services as of its most recent SEC filing.

Several other large investors have also made changes to their positions in LINC. Hsbc Holdings PLC grew its holdings in Lincoln Educational Services by 54.1% during the 1st quarter. Hsbc Holdings PLC now owns 43,585 shares of the company’s stock valued at $669,000 after buying an additional 15,299 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Lincoln Educational Services by 5.4% in the first quarter. Vanguard Group Inc. now owns 1,494,714 shares of the company’s stock worth $23,721,000 after buying an additional 75,989 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Lincoln Educational Services by 109.0% during the first quarter. American Century Companies Inc. now owns 99,054 shares of the company’s stock worth $1,572,000 after acquiring an additional 51,650 shares during the last quarter. Nuveen LLC purchased a new position in Lincoln Educational Services during the first quarter valued at $702,000. Finally, XTX Topco Ltd purchased a new position in Lincoln Educational Services during the first quarter valued at $445,000. 72.23% of the stock is currently owned by hedge funds and other institutional investors.

Lincoln Educational Services Stock Performance

Shares of NASDAQ:LINC opened at $22.69 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.77 and a debt-to-equity ratio of 0.21. Lincoln Educational Services Corporation has a 12 month low of $14.10 and a 12 month high of $25.76. The company has a market capitalization of $717.46 million, a price-to-earnings ratio of 50.42, a PEG ratio of 1.80 and a beta of 1.00. The firm’s 50-day moving average is $21.27 and its 200 day moving average is $21.57.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Monday, November 10th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.08. Lincoln Educational Services had a return on equity of 12.20% and a net margin of 2.86%.The business had revenue of $141.39 million during the quarter, compared to analyst estimates of $129.85 million. Research analysts predict that Lincoln Educational Services Corporation will post 0.54 EPS for the current year.

Analyst Upgrades and Downgrades

LINC has been the subject of several research reports. Rosenblatt Securities increased their price objective on shares of Lincoln Educational Services from $25.00 to $27.00 and gave the company a “buy” rating in a report on Tuesday, August 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lincoln Educational Services in a research report on Wednesday, October 8th. Wall Street Zen cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Saturday, November 29th. Zacks Research raised Lincoln Educational Services to a “hold” rating in a research note on Friday, August 8th. Finally, Barrington Research reiterated an “outperform” rating and set a $27.00 target price on shares of Lincoln Educational Services in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lincoln Educational Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.40.

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.