Lincoln Educational Services (NASDAQ:LINC) Receives Outperform Rating from Barrington Research

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “outperform” rating reissued by analysts at Barrington Research in a note issued to investors on Wednesday,Benzinga reports. They currently have a $20.00 price objective on the stock. Barrington Research’s target price indicates a potential upside of 11.86% from the stock’s current price.

Separately, B. Riley boosted their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Lincoln Educational Services currently has an average rating of “Moderate Buy” and a consensus price target of $18.00.

Lincoln Educational Services Trading Up 1.7 %

NASDAQ:LINC opened at $17.88 on Wednesday. The company’s 50 day moving average is $16.03 and its 200-day moving average is $14.22. 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 has a 12 month low of $9.29 and a 12 month high of $18.74. The firm has a market cap of $562.86 million, a price-to-earnings ratio of 55.88, a P/E/G ratio of 1.70 and a beta of 1.41.

Insider Transactions at Lincoln Educational Services

In other Lincoln Educational Services news, EVP Chad D. Nyce sold 9,977 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $16.50, for a total value of $164,620.50. Following the sale, the executive vice president now directly owns 144,669 shares in the company, valued at $2,387,038.50. This trade represents a 6.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Juniper Investment Company, Ll sold 60,000 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $16.62, for a total transaction of $997,200.00. Following the transaction, the insider now owns 605,005 shares in the company, valued at approximately $10,055,183.10. The trade was a 9.02 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 182,090 shares of company stock worth $2,987,371. Insiders own 16.80% of the company’s stock.

Hedge Funds Weigh In On Lincoln Educational Services

Several large investors have recently added to or reduced their stakes in the company. McIlrath & Eck LLC increased its position in shares of Lincoln Educational Services by 156.4% during the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company’s stock valued at $36,000 after purchasing an additional 1,383 shares during the period. Summit Investment Advisors Inc. boosted its stake in Lincoln Educational Services by 39.6% during the fourth quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company’s stock worth $43,000 after buying an additional 775 shares in the last quarter. Morse Asset Management Inc acquired a new stake in Lincoln Educational Services during the fourth quarter worth $101,000. SG Americas Securities LLC bought a new stake in Lincoln Educational Services in the 3rd quarter valued at $121,000. Finally, Aquatic Capital Management LLC acquired a new position in shares of Lincoln Educational Services in the 4th quarter valued at $135,000. 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.