Lincoln Educational Services (NASDAQ:LINC) Given “Outperform” Rating at Barrington Research

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “outperform” rating reissued by stock analysts at Barrington Research in a report released on Wednesday,Benzinga reports. They currently have a $22.00 price objective on the stock. Barrington Research’s price target suggests a potential upside of 37.50% from the company’s current price.

Separately, Rosenblatt Securities upped their price objective on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Lincoln Educational Services currently has an average rating of “Moderate Buy” and a consensus price target of $20.25.

Lincoln Educational Services Stock Performance

NASDAQ LINC opened at $16.00 on Wednesday. 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 fifty-two week low of $9.51 and a fifty-two week high of $19.79. The business has a fifty day moving average of $16.54 and a 200-day moving average of $15.04. The stock has a market cap of $505.49 million, a price-to-earnings ratio of 50.00, a price-to-earnings-growth ratio of 1.70 and a beta of 1.61.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Monday, February 24th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.11. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. The firm had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. As a group, analysts predict that Lincoln Educational Services will post 0.54 earnings per share for the current fiscal year.

Institutional Trading of Lincoln Educational Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new stake in shares of Lincoln Educational Services in the fourth quarter worth approximately $288,000. Barclays PLC boosted its holdings in shares of Lincoln Educational Services by 259.0% in the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after purchasing an additional 24,688 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Lincoln Educational Services by 248.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company’s stock valued at $473,000 after purchasing an additional 28,275 shares during the last quarter. Bailard Inc. grew its stake in shares of Lincoln Educational Services by 24.5% during the 4th quarter. Bailard Inc. now owns 84,900 shares of the company’s stock valued at $1,343,000 after buying an additional 16,693 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Lincoln Educational Services by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 74,935 shares of the company’s stock worth $895,000 after buying an additional 2,545 shares during the last quarter. Hedge funds and other institutional investors own 72.23% 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.