Lincoln Educational Services (NASDAQ:LINC) Rating Reiterated by Rosenblatt Securities

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “buy” rating reaffirmed by research analysts at Rosenblatt Securities in a report issued on Monday, Benzinga reports. They presently have a $13.50 price objective on the stock. Rosenblatt Securities’ target price would suggest a potential upside of 26.64% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. StockNews.com raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research report on Saturday, March 2nd. B. Riley reissued a “buy” rating and set a $14.00 price target (up from $12.00) on shares of Lincoln Educational Services in a research report on Thursday, March 21st. Finally, Barrington Research restated an “outperform” rating and set a $12.00 price objective on shares of Lincoln Educational Services in a research note on Tuesday, February 13th.

Lincoln Educational Services Trading Up 1.4 %

LINC opened at $10.66 on Monday. The firm’s fifty day simple moving average is $10.03 and its 200 day simple moving average is $9.59. The company has a current ratio of 1.83, a quick ratio of 1.79 and a debt-to-equity ratio of 0.10. Lincoln Educational Services has a 12 month low of $5.44 and a 12 month high of $10.81. The stock has a market capitalization of $335.26 million, a P/E ratio of 12.40, a P/E/G ratio of 1.64 and a beta of 1.34.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.28 by $0.04. Lincoln Educational Services had a net margin of 6.88% and a return on equity of 9.63%. The firm had revenue of $102.52 million for the quarter, compared to analysts’ expectations of $97.78 million. During the same period in the previous year, the firm posted $0.32 EPS. As a group, research analysts anticipate that Lincoln Educational Services will post 0.41 EPS for the current fiscal year.

Insider Transactions at Lincoln Educational Services

In other news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the business’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.13, for a total transaction of $1,717,966.96. Following the transaction, the insider now directly owns 1,436,631 shares in the company, valued at approximately $14,553,072.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $10.13, for a total value of $1,717,966.96. Following the transaction, the insider now owns 1,436,631 shares in the company, valued at approximately $14,553,072.03. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director J Barry Morrow sold 5,252 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $10.08, for a total transaction of $52,940.16. Following the completion of the transaction, 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 have sold 583,692 shares of company stock worth $5,858,793 in the last ninety days. Insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. First Eagle Investment Management LLC grew its stake in Lincoln Educational Services by 13.9% in the 4th quarter. First Eagle Investment Management LLC now owns 539,776 shares of the company’s stock valued at $5,419,000 after buying an additional 65,982 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its position in shares of Lincoln Educational Services by 27.2% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 506,990 shares of the company’s stock worth $4,284,000 after purchasing an additional 108,550 shares in the last quarter. Rice Hall James & Associates LLC grew its position in shares of Lincoln Educational Services by 29.2% during the 1st quarter. Rice Hall James & Associates LLC now owns 258,515 shares of the company’s stock worth $2,670,000 after purchasing an additional 58,369 shares in the last quarter. EAM Investors LLC acquired a new position in shares of Lincoln Educational Services during the 3rd quarter worth approximately $1,752,000. Finally, Bank of New York Mellon Corp grew its position in shares of Lincoln Educational Services by 0.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 131,825 shares of the company’s stock worth $1,114,000 after purchasing an additional 1,239 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

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.