Lincoln Educational Services (LINC) Set to Announce Quarterly Earnings on Monday

Lincoln Educational Services (NASDAQ:LINC) will be posting its quarterly earnings results before the market opens on Monday, May 6th. Analysts expect Lincoln Educational Services to post earnings of $0.02 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. Lincoln Educational Services had a return on equity of 9.63% and a net margin of 6.88%. The company had revenue of $102.52 million during the quarter, compared to the consensus estimate of $97.78 million. During the same period last year, the business posted $0.32 earnings per share. On average, analysts expect Lincoln Educational Services to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lincoln Educational Services Stock Down 1.2 %

LINC stock opened at $11.09 on Friday. Lincoln Educational Services has a 1-year low of $5.44 and a 1-year high of $11.55. The stock has a market cap of $348.78 million, a P/E ratio of 12.90, a P/E/G ratio of 1.75 and a beta of 1.33. The stock’s fifty day simple moving average is $10.11 and its two-hundred day simple moving average is $9.63. The company has a current ratio of 1.83, a quick ratio of 1.79 and a debt-to-equity ratio of 0.10.

Insider Transactions at Lincoln Educational Services

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.13, for a total transaction of $1,717,966.96. Following the sale, the insider now owns 1,436,631 shares of the company’s stock, valued at approximately $14,553,072.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director J Barry Morrow sold 5,252 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $10.08, for a total value of $52,940.16. Following the sale, the director now directly owns 122,911 shares of the company’s stock, valued at $1,238,942.88. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $10.13, for a total transaction of $1,717,966.96. Following the transaction, the insider now directly owns 1,436,631 shares of the company’s stock, valued at approximately $14,553,072.03. The disclosure for this sale can be found here. Insiders sold 583,692 shares of company stock worth $5,858,793 over the last quarter. Corporate insiders own 16.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on LINC shares. Rosenblatt Securities restated a “buy” rating and set a $13.50 price target on shares of Lincoln Educational Services in a research report on Monday, April 29th. StockNews.com upgraded shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research note on Saturday, March 2nd. Barrington Research reiterated an “outperform” rating and issued a $12.00 price objective on shares of Lincoln Educational Services in a research note on Tuesday, February 13th. Finally, B. Riley reissued a “buy” rating and issued a $14.00 target price (up from $12.00) on shares of Lincoln Educational Services in a research report on Thursday, March 21st.

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.