Lincoln Educational Services Co. (NASDAQ:LINC) Short Interest Up 13.1% in April

Lincoln Educational Services Co. (NASDAQ:LINCGet Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 294,700 shares, an increase of 13.1% from the April 15th total of 260,500 shares. Based on an average trading volume of 105,400 shares, the short-interest ratio is presently 2.8 days.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. StockNews.com downgraded shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Wednesday, May 8th. Lake Street Capital raised their price target on Lincoln Educational Services from $14.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. Barrington Research upped their price objective on Lincoln Educational Services from $13.00 to $14.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th. B. Riley lifted their target price on Lincoln Educational Services from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $13.50 price target on shares of Lincoln Educational Services in a report on Monday, April 29th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Lincoln Educational Services currently has a consensus rating of “Moderate Buy” and an average price target of $14.38.

View Our Latest Analysis on LINC

Insider Activity

In related news, Director J Barry Morrow sold 5,252 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $10.08, for a total value of $52,940.16. Following the transaction, the director now directly owns 122,911 shares of the company’s stock, valued at approximately $1,238,942.88. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, major shareholder Juniper Investment Company, Ll sold 73,241 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $10.09, for a total transaction of $739,001.69. Following the completion of the transaction, the insider now directly owns 1,293,390 shares in the company, valued at approximately $13,050,305.10. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director J Barry Morrow sold 5,252 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $10.08, for a total transaction of $52,940.16. Following the sale, the director now owns 122,911 shares in the company, valued at approximately $1,238,942.88. The disclosure for this sale can be found here. Insiders sold a total of 583,692 shares of company stock valued at $5,858,793 in the last 90 days. Company insiders own 16.80% of the company’s stock.

Hedge Funds Weigh In On Lincoln Educational Services

Several institutional investors have recently bought and sold shares of LINC. Herr Investment Group LLC raised its position in shares of Lincoln Educational Services by 3.9% during the 1st quarter. Herr Investment Group LLC now owns 2,355,737 shares of the company’s stock valued at $24,335,000 after buying an additional 88,335 shares in the last quarter. Vanguard Group Inc. raised its position in Lincoln Educational Services by 11.3% during the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock valued at $13,875,000 after purchasing an additional 136,334 shares during the period. First Eagle Investment Management LLC lifted its stake in shares of Lincoln Educational Services by 13.6% in the 1st quarter. First Eagle Investment Management LLC now owns 613,097 shares of the company’s stock valued at $6,333,000 after purchasing an additional 73,321 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Lincoln Educational Services by 8.2% in the 1st quarter. Empowered Funds LLC now owns 183,078 shares of the company’s stock worth $1,891,000 after purchasing an additional 13,825 shares during the period. Finally, Essex Investment Management Co. LLC increased its position in shares of Lincoln Educational Services by 1.4% during the 1st quarter. Essex Investment Management Co. LLC now owns 420,360 shares of the company’s stock valued at $4,342,000 after purchasing an additional 5,832 shares during the last quarter. Institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Trading Down 0.1 %

Shares of LINC stock opened at $12.04 on Wednesday. The company has a current ratio of 1.98, a quick ratio of 1.94 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $378.54 million, a price-to-earnings ratio of 14.16, a price-to-earnings-growth ratio of 1.67 and a beta of 1.33. Lincoln Educational Services has a 12-month low of $5.99 and a 12-month high of $13.05. The stock’s 50-day moving average price is $10.41 and its 200-day moving average price is $9.84.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.04. Lincoln Educational Services had a return on equity of 9.79% and a net margin of 6.57%. The business had revenue of $102.52 million for the quarter, compared to analysts’ expectations of $97.78 million. During the same period in the prior year, the firm earned $0.32 EPS. Equities research analysts predict that Lincoln Educational Services will post 0.48 EPS for the current fiscal year.

Lincoln Educational Services Company Profile

(Get Free Report)

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.

Further Reading

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