Lincoln Educational Services Corporation (NASDAQ:LINC) – Stock analysts at Barrington Research raised their FY2017 earnings per share (EPS) estimates for Lincoln Educational Services Corporation in a research note issued to investors on Monday. Barrington Research analyst A. Paris. Jr now anticipates that the company will post earnings of ($0.46) per share for the year, up from their prior estimate of ($0.51). Barrington Research also issued estimates for Lincoln Educational Services Corporation’s FY2018 earnings at $0.11 EPS.

Separately, Zacks Investment Research downgraded shares of Lincoln Educational Services Corporation from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 17th.

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Shares of Lincoln Educational Services Corporation (LINC) opened at 3.30 on Thursday. The stock’s 50 day moving average is $3.17 and its 200-day moving average is $2.79. Lincoln Educational Services Corporation has a 12-month low of $1.56 and a 12-month high of $3.74. The firm’s market cap is $81.57 million.

Lincoln Educational Services Corporation (NASDAQ:LINC) last released its quarterly earnings results on Monday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.25) by $0.03. Lincoln Educational Services Corporation had a negative net margin of 16.19% and a negative return on equity of 22.20%. The firm had revenue of $61.90 million for the quarter, compared to analyst estimates of $62.48 million. During the same quarter in the prior year, the firm earned ($0.13) EPS. The firm’s revenue was down 9.1% compared to the same quarter last year.

A number of hedge funds have recently made changes to their positions in LINC. Spark Investment Management LLC bought a new stake in shares of Lincoln Educational Services Corporation during the second quarter valued at approximately $109,000. Essex Investment Management Co. LLC bought a new stake in shares of Lincoln Educational Services Corporation during the second quarter valued at approximately $133,000. Finally, Renaissance Technologies LLC increased its stake in shares of Lincoln Educational Services Corporation by 33.4% in the fourth quarter. Renaissance Technologies LLC now owns 567,700 shares of the company’s stock valued at $1,090,000 after buying an additional 142,100 shares during the period. Hedge funds and other institutional investors own 62.57% of the company’s stock.

In other Lincoln Educational Services Corporation news, insider Deborah M. Ramentol sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $3.04, for a total transaction of $121,600.00. Following the sale, the insider now directly owns 56,769 shares in the company, valued at approximately $172,577.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brian K. Meyers sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $3.10, for a total transaction of $155,000.00. Following the sale, the chief financial officer now owns 169,449 shares in the company, valued at $525,291.90. The disclosure for this sale can be found here. Company insiders own 6.10% of the company’s stock.

Lincoln Educational Services Corporation Company Profile

Lincoln Educational Services Corporation is a provider of post-secondary education. The Company operates in two segments: Transportation and Skilled Trades, and Transitional. The Transportation and Skilled Trades segment offers academic programs in the disciplines of transportation and skilled trades (automotive, diesel, heating, ventilation and air conditioning (HVAC), welding and manufacturing).

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