Lincoln Educational Services (NASDAQ:LINC) Receives Outperform Rating from Barrington Research

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “outperform” rating reissued by equities research analysts at Barrington Research in a note issued to investors on Wednesday,Benzinga reports. They presently have a $20.00 price target on the stock. Barrington Research’s target price suggests a potential upside of 13.38% from the stock’s current price.

Separately, 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 report on Thursday, November 7th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Lincoln Educational Services Stock Down 1.9 %

Shares of LINC stock opened at $17.64 on Wednesday. Lincoln Educational Services has a 12 month low of $9.29 and a 12 month high of $18.74. The stock has a market cap of $555.29 million, a P/E ratio of 55.13, a P/E/G ratio of 1.73 and a beta of 1.41. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The company has a 50 day simple moving average of $16.11 and a two-hundred day simple moving average of $14.31.

Insider Buying and Selling at Lincoln Educational Services

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LINC. SG Americas Securities LLC bought a new position in Lincoln Educational Services during the third quarter valued at approximately $121,000. Pullen Investment Management LLC increased its stake in Lincoln Educational Services by 15.3% in the 3rd quarter. Pullen Investment Management LLC now owns 143,950 shares of the company’s stock worth $1,719,000 after acquiring an additional 19,118 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Lincoln Educational Services by 10.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 105,364 shares of the company’s stock worth $1,258,000 after acquiring an additional 10,081 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position 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 valued at $895,000 after acquiring an additional 2,545 shares during the last quarter. Finally, Janus Henderson Group PLC purchased a new position in shares of Lincoln Educational Services in the third quarter valued at $144,000. Hedge funds and other institutional investors 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.