Lincoln Educational Services (NASDAQ:LINC) Price Target Raised to $33.00 at Barrington Research

Lincoln Educational Services (NASDAQ:LINC) had its target price increased by equities research analysts at Barrington Research from $27.00 to $33.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Barrington Research’s price target indicates a potential upside of 10.59% from the company’s current price.

LINC has been the topic of a number of other reports. Northland Securities set a $28.00 price target on Lincoln Educational Services in a research note on Wednesday, January 7th. Griffin Securities set a $33.00 target price on shares of Lincoln Educational Services in a research report on Tuesday, January 27th. B. Riley Financial boosted their target price on shares of Lincoln Educational Services from $27.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Weiss Ratings raised shares of Lincoln Educational Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Finally, Zacks Research lowered shares of Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Lincoln Educational Services presently has a consensus rating of “Buy” and a consensus price target of $30.00.

Lincoln Educational Services Stock Down 1.0%

Shares of LINC opened at $29.84 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.77 and a current ratio of 0.81. Lincoln Educational Services has a 52 week low of $14.10 and a 52 week high of $31.49. The stock has a market capitalization of $943.54 million, a price-to-earnings ratio of 66.31, a PEG ratio of 2.39 and a beta of 0.97. The stock has a fifty day moving average of $25.60 and a 200-day moving average of $22.58.

Insider Buying and Selling at Lincoln Educational Services

In other Lincoln Educational Services news, Director Kevin M. Carney sold 13,866 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $22.18, for a total transaction of $307,547.88. Following the sale, the director owned 24,823 shares of the company’s stock, valued at approximately $550,574.14. This represents a 35.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 13.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lincoln Educational Services

Several institutional investors and hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue bought a new stake in Lincoln Educational Services in the third quarter worth approximately $35,000. Royal Bank of Canada lifted its position in shares of Lincoln Educational Services by 246.7% during the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after acquiring an additional 1,093 shares during the period. Strs Ohio bought a new position in Lincoln Educational Services during the first quarter worth $48,000. Stanley Laman Group Ltd. acquired a new stake in Lincoln Educational Services in the third quarter worth $49,000. Finally, State of Wyoming bought a new position in shares of Lincoln Educational Services during the 3rd quarter worth about $54,000. Institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Company Profile

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.