Lincoln Educational Services (NASDAQ:LINC) Coverage Initiated by Analysts at B. Riley

Analysts at B. Riley started coverage on shares of Lincoln Educational Services (NASDAQ:LINC) in a report issued on Friday. The brokerage set a “buy” rating and a $23.00 price target on the stock. B. Riley’s price objective points to a potential upside of 43.75% from the company’s previous close.

Several other research firms also recently issued reports on LINC. Rosenblatt Securities lifted their price target on Lincoln Educational Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Barrington Research restated an “outperform” rating and set a $22.00 target price on shares of Lincoln Educational Services in a report on Wednesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $21.00.

Lincoln Educational Services Trading Up 2.5 %

Shares of Lincoln Educational Services stock opened at $16.00 on Friday. The company has a 50-day moving average of $16.54 and a two-hundred day moving average of $15.04. Lincoln Educational Services has a 12-month low of $9.51 and a 12-month high of $19.79. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The stock has a market cap of $505.49 million, a PE ratio of 50.00, a price-to-earnings-growth ratio of 1.70 and a beta of 1.61.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings data on Monday, February 24th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.11. The firm had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. On average, research analysts anticipate that Lincoln Educational Services will post 0.54 EPS for the current fiscal year.

Institutional Trading of Lincoln Educational Services

Large investors have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its holdings in Lincoln Educational Services by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 74,935 shares of the company’s stock valued at $895,000 after purchasing an additional 2,545 shares in the last quarter. Janus Henderson Group PLC purchased a new position in shares of Lincoln Educational Services during the third quarter valued at approximately $144,000. Needham Investment Management LLC boosted its position in Lincoln Educational Services by 71.4% during the third quarter. Needham Investment Management LLC now owns 600,000 shares of the company’s stock worth $7,164,000 after acquiring an additional 250,000 shares during the last quarter. State Street Corp grew its stake in Lincoln Educational Services by 3.0% in the 3rd quarter. State Street Corp now owns 440,136 shares of the company’s stock worth $5,255,000 after acquiring an additional 12,938 shares during the period. Finally, Jane Street Group LLC grew its stake in Lincoln Educational Services by 63.6% in the 3rd quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock worth $458,000 after acquiring an additional 14,913 shares during the period. Institutional investors and hedge funds own 72.23% of the company’s stock.

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.