Lincoln Educational Services (NASDAQ:LINC) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Lincoln Educational Services (NASDAQ:LINC) to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

A number of other equities analysts have also weighed in on LINC. Northland Securities assumed coverage on Lincoln Educational Services in a research report on Thursday. They issued an “outperform” rating and a $24.00 target price for the company. Barrington Research reissued an “outperform” rating and set a $22.00 price objective on shares of Lincoln Educational Services in a report on Wednesday, March 26th. B. Riley began coverage on shares of Lincoln Educational Services in a research report on Friday, March 28th. They set a “buy” rating and a $23.00 price objective on the stock. Finally, Rosenblatt Securities lifted their target price on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $21.60.

Lincoln Educational Services Price Performance

Shares of LINC opened at $17.38 on Thursday. Lincoln Educational Services has a twelve month low of $10.06 and a twelve month high of $19.79. The company has a market capitalization of $549.09 million, a P/E ratio of 54.31, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57. The firm has a 50 day moving average of $16.49 and a 200 day moving average of $15.77. The company has a quick ratio of 1.53, a current ratio of 1.57 and a debt-to-equity ratio of 0.17.

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

Institutional Trading of Lincoln Educational Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp grew its position in shares of Lincoln Educational Services by 3.0% during the 3rd quarter. State Street Corp now owns 440,136 shares of the company’s stock valued at $5,255,000 after acquiring an additional 12,938 shares during the period. Jane Street Group LLC grew its holdings in Lincoln Educational Services by 63.6% during the third quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock valued at $458,000 after purchasing an additional 14,913 shares during the period. Barclays PLC increased its position in Lincoln Educational Services by 259.0% in the third quarter. Barclays PLC now owns 34,220 shares of the company’s stock worth $408,000 after buying an additional 24,688 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Lincoln Educational Services by 1.9% in the third quarter. Geode Capital Management LLC now owns 636,160 shares of the company’s stock worth $7,598,000 after buying an additional 11,650 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Lincoln Educational Services by 248.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company’s stock valued at $473,000 after buying an additional 28,275 shares in the last quarter. 72.23% of the stock is owned by hedge funds and other institutional investors.

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.