Barrington Research Reiterates Outperform Rating for Lincoln Educational Services (NASDAQ:LINC)

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “outperform” rating reaffirmed by analysts at Barrington Research in a note issued to investors on Wednesday,Benzinga reports. They presently have a $22.00 price target on the stock. Barrington Research’s price objective would suggest a potential upside of 37.50% from the stock’s current price.

Separately, Rosenblatt Securities upped their price objective on Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $20.25.

Lincoln Educational Services Stock Up 2.5 %

Lincoln Educational Services stock opened at $16.00 on Wednesday. The company has a market capitalization of $505.49 million, a P/E ratio of 50.00, a PEG ratio of 1.70 and a beta of 1.61. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. Lincoln Educational Services has a fifty-two week low of $9.51 and a fifty-two week high of $19.79. The stock has a 50-day simple moving average of $16.54 and a 200-day simple moving average of $15.04.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.11. The firm had revenue of $119.37 million during the quarter, compared to analysts’ expectations of $110.50 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. Equities research analysts expect that Lincoln Educational Services will post 0.54 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in LINC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Lincoln Educational Services by 4.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,976 shares of the company’s stock valued at $237,000 after purchasing an additional 643 shares in the last quarter. Summit Investment Advisors Inc. lifted its holdings in shares of Lincoln Educational Services by 39.6% in the 4th quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company’s stock valued at $43,000 after buying an additional 775 shares during the period. McIlrath & Eck LLC boosted its stake in shares of Lincoln Educational Services by 156.4% in the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company’s stock valued at $36,000 after buying an additional 1,383 shares in the last quarter. MetLife Investment Management LLC grew its holdings in Lincoln Educational Services by 13.7% during the fourth quarter. MetLife Investment Management LLC now owns 15,456 shares of the company’s stock worth $245,000 after acquiring an additional 1,859 shares during the period. Finally, Russell Investments Group Ltd. raised its position in Lincoln Educational Services by 1.0% in the fourth quarter. Russell Investments Group Ltd. now owns 212,923 shares of the company’s stock worth $3,368,000 after acquiring an additional 2,195 shares in the last quarter. 72.23% of the stock is currently 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.