Lincoln Educational Services (NASDAQ:LINC) Downgraded to Hold at StockNews.com

Lincoln Educational Services (NASDAQ:LINC) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Friday.

Other equities research analysts have also issued reports about the stock. Rosenblatt Securities upped their price target on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a report on Friday, August 9th. Barrington Research reaffirmed an “outperform” rating and set a $16.00 target price on shares of Lincoln Educational Services in a report on Thursday, August 8th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $15.75.

Lincoln Educational Services Trading Down 4.0 %

Lincoln Educational Services stock 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 stock has a 50-day moving average price of $12.51 and a 200 day moving average price of $11.30. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $358.78 million, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 1.63 and a beta of 1.42.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.07. The business had revenue of $102.91 million during 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%. Sell-side analysts anticipate that Lincoln Educational Services will post 0.51 EPS for the current year.

Insider Activity at Lincoln Educational Services

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 19,611 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $12.02, for a total value of $235,724.22. Following the completion of the transaction, the insider now owns 876,410 shares in the company, valued at $10,534,448.20. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders have sold 40,819 shares of company stock worth $490,481. 16.80% of the stock is owned by company insiders.

Institutional Trading of Lincoln Educational Services

Several institutional investors have recently bought and sold shares of the business. First Eagle Investment Management LLC increased its holdings in Lincoln Educational Services by 13.9% in the 4th quarter. First Eagle Investment Management LLC now owns 539,776 shares of the company’s stock worth $5,419,000 after acquiring an additional 65,982 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Lincoln Educational Services by 11.3% in the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock valued at $13,875,000 after purchasing an additional 136,334 shares during the period. Secure Asset Management LLC purchased a new stake in shares of Lincoln Educational Services during the second quarter worth about $612,000. Calamos Advisors LLC acquired a new position in shares of Lincoln Educational Services during the 2nd quarter worth about $576,000. Finally, New York State Common Retirement Fund lifted its stake in Lincoln Educational Services by 1,513.5% in the 4th quarter. New York State Common Retirement Fund now owns 8,600 shares of the company’s stock valued at $86,000 after buying an additional 8,067 shares in the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

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.