Lincoln Educational Services Corporation (NASDAQ:LINC) Given Consensus Recommendation of “Moderate Buy” by Analysts

Lincoln Educational Services Corporation (NASDAQ:LINC) has earned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $25.40.

Several research analysts have recently commented on LINC shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Lincoln Educational Services in a report on Wednesday, October 8th. Barrington Research reiterated an “outperform” rating and issued a $27.00 price objective on shares of Lincoln Educational Services in a research report on Monday, December 1st. Zacks Research cut Lincoln Educational Services from a “hold” rating to a “strong sell” rating in a report on Thursday. Finally, Wall Street Zen raised Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Saturday, December 13th.

Lincoln Educational Services Stock Down 3.5%

LINC opened at $23.31 on Tuesday. The firm’s 50-day simple moving average is $21.73 and its 200-day simple moving average is $21.73. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.77 and a current ratio of 0.81. Lincoln Educational Services has a twelve month low of $14.10 and a twelve month high of $25.76. The firm has a market cap of $737.06 million, a price-to-earnings ratio of 51.80, a PEG ratio of 1.85 and a beta of 0.99.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings results on Monday, November 10th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.08. The firm had revenue of $141.39 million during the quarter, compared to the consensus estimate of $129.85 million. Lincoln Educational Services had a net margin of 2.86% and a return on equity of 12.20%. Equities research analysts anticipate that Lincoln Educational Services will post 0.54 EPS for the current fiscal year.

Insider Buying and Selling at Lincoln Educational Services

In other news, Director Kevin M. Carney sold 13,866 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $22.18, for a total transaction of $307,547.88. Following the transaction, the director directly owned 24,823 shares in the company, valued at approximately $550,574.14. This represents a 35.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue acquired a new position in Lincoln Educational Services during the 3rd quarter worth $35,000. Strs Ohio bought a new stake in shares of Lincoln Educational Services during the first quarter worth $48,000. Stanley Laman Group Ltd. acquired a new position in shares of Lincoln Educational Services during the third quarter valued at $49,000. State of Wyoming acquired a new position in shares of Lincoln Educational Services during the third quarter valued at $54,000. Finally, McIlrath & Eck LLC boosted its holdings in Lincoln Educational Services by 24.2% in the third quarter. McIlrath & Eck LLC now owns 2,815 shares of the company’s stock valued at $66,000 after acquiring an additional 548 shares during the last quarter. Institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Company Profile

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.