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

Shares of Lincoln Educational Services Corporation (NASDAQ:LINC) have been given a consensus recommendation of “Buy” by the seven analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $26.20.

Several research firms recently commented on LINC. Wall Street Zen raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Lincoln Educational Services in a report on Wednesday, October 8th. Zacks Research upgraded Lincoln Educational Services from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, January 12th. Barrington Research reissued an “outperform” rating and set a $27.00 price objective on shares of Lincoln Educational Services in a report on Monday, December 1st. Finally, Northland Securities set a $28.00 target price on Lincoln Educational Services in a report on Wednesday, January 7th.

Lincoln Educational Services Stock Performance

NASDAQ:LINC opened at $27.04 on Friday. The company has a market capitalization of $855.00 million, a P/E ratio of 60.09, a P/E/G ratio of 2.19 and a beta of 0.99. The business has a fifty day simple moving average of $23.43 and a two-hundred day simple moving average of $22.03. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.81 and a quick ratio of 0.77. Lincoln Educational Services has a 1 year low of $14.10 and a 1 year high of $28.22.

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

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new stake in shares of Lincoln Educational Services in the third quarter worth $35,000. Strs Ohio bought a new position in Lincoln Educational Services in the 1st quarter worth about $48,000. Stanley Laman Group Ltd. bought a new position in Lincoln Educational Services in the 3rd quarter worth about $49,000. State of Wyoming purchased a new stake in shares of Lincoln Educational Services in the 3rd quarter valued at about $54,000. Finally, McIlrath & Eck LLC boosted 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 last quarter. 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.