Lincoln Educational Services (LINC) to Release Earnings on Monday

Lincoln Educational Services (NASDAQ:LINC) will post its quarterly earnings results before the market opens on Monday, May 6th. Analysts expect Lincoln Educational Services to post earnings of $0.02 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Monday, February 26th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. The business had revenue of $102.52 million for the quarter, compared to analyst estimates of $97.78 million. Lincoln Educational Services had a net margin of 6.88% and a return on equity of 9.63%. During the same period last year, the company posted $0.32 earnings per share. On average, analysts expect Lincoln Educational Services to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lincoln Educational Services Stock Performance

Shares of LINC stock opened at $10.11 on Monday. The firm has a market cap of $317.96 million, a price-to-earnings ratio of 11.76, a PEG ratio of 1.64 and a beta of 1.34. The company’s 50 day moving average is $10.00 and its 200 day moving average is $9.56. The company has a quick ratio of 1.79, a current ratio of 1.83 and a debt-to-equity ratio of 0.10. Lincoln Educational Services has a 52-week low of $5.44 and a 52-week high of $10.81.

Insider Buying and Selling at Lincoln Educational Services

In other Lincoln Educational Services news, Director J Barry Morrow sold 5,252 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $10.08, for a total value of $52,940.16. Following the completion of the sale, the director now directly owns 122,911 shares in the company, valued at $1,238,942.88. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director J Barry Morrow sold 5,252 shares of Lincoln Educational Services stock in a transaction on 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 sale, the director now directly owns 122,911 shares in the company, valued at $1,238,942.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Chad D. Nyce sold 26,000 shares of Lincoln Educational Services stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $10.02, for a total transaction of $260,520.00. Following the sale, the executive vice president now owns 154,646 shares of the company’s stock, valued at $1,549,552.92. The disclosure for this sale can be found here. Insiders sold a total of 583,692 shares of company stock worth $5,858,793 over the last three months. Corporate insiders own 16.80% of the company’s stock.

Analyst Upgrades and Downgrades

LINC has been the topic of several research reports. Barrington Research reissued an “outperform” rating and set a $12.00 price objective on shares of Lincoln Educational Services in a report on Tuesday, February 13th. StockNews.com raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Saturday, March 2nd. B. Riley reissued a “buy” rating and set a $14.00 price objective (up from $12.00) on shares of Lincoln Educational Services in a report on Thursday, March 21st. Finally, Rosenblatt Securities restated a “buy” rating and issued a $13.50 target price on shares of Lincoln Educational Services in a research note on Thursday, March 21st.

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.