Lincoln Educational Services (NASDAQ:LINC) Upgraded to Buy at Wall Street Zen

Lincoln Educational Services (NASDAQ:LINC) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Sunday.

LINC has been the topic of several other research reports. Zacks Research cut shares of Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Barrington Research reiterated an “outperform” rating and set a $27.00 price target on shares of Lincoln Educational Services in a research note on Monday, December 1st. B. Riley Financial lifted their price objective on Lincoln Educational Services from $27.00 to $33.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Weiss Ratings upgraded shares of Lincoln Educational Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Finally, Griffin Securities set a $33.00 price target on Lincoln Educational Services in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $29.00.

Lincoln Educational Services Stock Up 5.9%

NASDAQ LINC opened at $28.90 on Friday. Lincoln Educational Services has a 1 year low of $14.10 and a 1 year high of $30.21. The stock has a market capitalization of $913.93 million, a PE ratio of 64.22, a PEG ratio of 2.29 and a beta of 0.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.81 and a quick ratio of 0.77. The business’s 50-day moving average is $25.15 and its 200 day moving average is $22.44.

Insider Buying and Selling

In other news, Director Kevin M. Carney sold 13,866 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $22.18, for a total transaction of $307,547.88. Following the completion of the sale, the director owned 24,823 shares in the company, valued at approximately $550,574.14. This represents a 35.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 13.60% of the company’s stock.

Hedge Funds Weigh In On Lincoln Educational Services

A number of institutional investors have recently bought and sold shares of the business. State of Alaska Department of Revenue acquired a new stake in Lincoln Educational Services during the third quarter valued at $35,000. Strs Ohio acquired a new stake in Lincoln Educational Services in the 1st quarter valued at $48,000. Stanley Laman Group Ltd. purchased a new stake in Lincoln Educational Services in the 3rd quarter worth $49,000. State of Wyoming purchased a new stake in Lincoln Educational Services in the 3rd quarter worth $54,000. Finally, McIlrath & Eck LLC raised its position in Lincoln Educational Services by 24.2% during the third quarter. McIlrath & Eck LLC now owns 2,815 shares of the company’s stock worth $66,000 after acquiring an additional 548 shares during the period. 72.23% of the stock is owned by hedge funds and other institutional investors.

About Lincoln Educational Services

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.