Lincoln Educational Services (NASDAQ:LINC) Retrieved at StockNews.com

StockNews.com downgraded the stock Lincoln Educational Services (NASDAQ:LINC – Free Report) from a buy rating to a hold rating in a research report on Friday morning.

Other analysts have recently issued reports on the company. Barrington Research reiterated an outperform rating and set a $16.00 target price on shares of Lincoln Educational Services in a research report on Thursday, August 8th. Rosenblatt Securities boosted their price objective on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a buy rating in a research note on Friday, August 9th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $15.75.

Check out our latest research report on LINC

Lincoln Educational Services Price Performance

NASDAQ:LINC opened at $11.41 on Friday. Lincoln Educational Services has a 52-week low of $7.88 and a 52-week high of $14.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.75, and a current ratio of 1.78. The company’s 50-day simple moving average is $12.51, and its 200-day simple moving average is $11.31. The firm has a market cap of $358.78 million, a price-to-earnings ratio of 13.42, a P/E/G ratio of 1.63 and a beta of 1.42.

Lincoln Educational Services (NASDAQ:LINC – Get Your Free Report ) last announced its earnings results on Thursday, August 8th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.07. The company had revenue of $102.91 million for the quarter, compared to analysts’ expectations of $99.60 million. Lincoln Educational Services had a net margin of 1.95% and a return on equity of 10.38%. As a group, sell-side analysts predict that Lincoln Educational Services will post 0.51 earnings per share for the current year.

Indoor activity

In related news, major shareholder Juniper Investment Company, Ll sold 17,031 shares of the business’s stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $12.01, for a total transaction of $204,542.31. Following the completion of the sale, the insider now directly owns 935,937 shares in the company, valued at approximately $11,240,603.37. The sale was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders sold 40,819 shares of company stock valued at $490,481. Insiders own 16.80% of the company’s shares.

Hedge funds influence Lincoln educational services

A number of institutional investors have recently added to or reduced their stakes in LINC. Gladius Capital Management LP bought a new stake in shares of Lincoln Educational Services in the second quarter valued at $33,000. New York State Common Retirement Fund increased its position in Lincoln Educational Services by 1,513.5% during the 4th quarter. New York State Common Retirement Fund now owns 8,600 shares of the company’s stock worth $86,000 after which acquired an additional 8,067 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Lincoln Educational Services by 60.2% in the first quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock worth $116,000 after buying an additional 4,217 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of Lincoln Educational Services in the second quarter valued at about $123,000. Finally, Rhumbline Advisers raised its holdings in shares of Lincoln Educational Services by 36.0% during the second quarter. Rhumbline Advisers now owns 38,162 shares of the company’s stock worth $453,000 after acquiring an additional 10,095 shares during the last quarter. 72.23% of the shares are currently owned by institutional investors and hedge funds.

Lincoln Educational Services Company Profile

(Get a free report)

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented postsecondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transition. Offers associate degree, diploma and certificate programs in automotive technology; specialized trades programs, including electrical, heating and air conditioning repair, welding, computer numerical control, and electrical and electronic systems technology; health science programs that include registered nurse, registered nurse, dental assistant, medical assistant, administrative nurse, and claims examiner; hospitality services and information technology programs such as culinary support technicians, massage therapy, cosmetology, esthetics, and information systems.

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