Lincoln Educational Services (LINC) Expected to Announce Earnings on Monday

Lincoln Educational Services (NASDAQ:LINC) is projected to release its earnings data before the market opens on Monday, February 24th. Analysts expect Lincoln Educational Services to post earnings of $0.20 per share and revenue of $110.85 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Lincoln Educational Services Price Performance

LINC opened at $16.09 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.57 and a debt-to-equity ratio of 0.17. Lincoln Educational Services has a 52-week low of $9.29 and a 52-week high of $18.74. The company has a 50 day moving average of $16.11 and a two-hundred day moving average of $14.34. The company has a market cap of $506.51 million, a P/E ratio of 50.28, a P/E/G ratio of 1.74 and a beta of 1.41.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on LINC. B. Riley upped their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Barrington Research reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Lincoln Educational Services in a report on Wednesday. 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 MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $18.00.

Insider Activity at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 34,997 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $16.52, for a total value of $578,150.44. Following the sale, the insider now owns 669,926 shares of the company’s stock, valued at $11,067,177.52. This trade represents a 4.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Chad D. Nyce sold 9,977 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $16.50, for a total transaction of $164,620.50. Following the completion of the sale, the executive vice president now directly owns 144,669 shares in the company, valued at approximately $2,387,038.50. This trade represents a 6.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 182,090 shares of company stock valued at $2,987,371 over the last ninety days. Corporate insiders own 16.80% of the company’s stock.

Lincoln Educational Services Company Profile

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.