Lincoln Educational Services Corporation (NASDAQ:LINC) Receives Consensus Recommendation of “Buy” from Analysts

Lincoln Educational Services Corporation (NASDAQ:LINC) has received an average recommendation of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $26.20.

LINC has been the topic of a number of recent research reports. Barrington Research restated an “outperform” rating and issued a $27.00 target price on shares of Lincoln Educational Services in a report on Monday, December 1st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Lincoln Educational Services in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Northland Securities set a $28.00 price target on shares of Lincoln Educational Services in a research report on Wednesday, January 7th. Finally, Zacks Research upgraded shares of Lincoln Educational Services from a “strong sell” rating to a “strong-buy” rating in a report on Monday, January 12th.

Lincoln Educational Services Stock Performance

LINC opened at $27.04 on Friday. Lincoln Educational Services has a 1-year low of $14.10 and a 1-year high of $28.22. The company has a market cap of $855.00 million, a price-to-earnings ratio of 60.09, a PEG ratio of 2.19 and a beta of 0.99. The company’s fifty day moving average price is $23.43 and its two-hundred day moving average price is $22.03. 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 (NASDAQ:LINC) last posted its earnings results on Monday, November 10th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.12 by $0.08. Lincoln Educational Services had a net margin of 2.86% and a return on equity of 12.20%. The company had revenue of $141.39 million during the quarter, compared to the consensus estimate of $129.85 million. On average, analysts expect that Lincoln Educational Services will post 0.54 EPS for the current fiscal year.

Insider Buying and Selling at Lincoln Educational Services

In other news, Director Kevin M. Carney sold 13,866 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $22.18, for a total value of $307,547.88. Following the completion of the transaction, the director directly owned 24,823 shares of the company’s stock, valued at $550,574.14. This represents a 35.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 13.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

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

Lincoln Educational Services Company Profile

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.