Lincoln Educational Services (NASDAQ:LINC) Upgraded to “Strong-Buy” at B. Riley

Lincoln Educational Services (NASDAQ:LINC) was upgraded by stock analysts at B. Riley to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Several other research analysts have also recently weighed in on the stock. Rosenblatt Securities increased their price target on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Barrington Research reissued an “outperform” rating and set a $22.00 price target on shares of Lincoln Educational Services in a report on Wednesday. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Lincoln Educational Services has an average rating of “Buy” and an average target price of $21.00.

Lincoln Educational Services Stock Down 1.8 %

Lincoln Educational Services stock opened at $15.71 on Thursday. Lincoln Educational Services has a fifty-two week low of $9.51 and a fifty-two week high of $19.79. The firm has a market capitalization of $496.33 million, a PE ratio of 49.10, a P/E/G ratio of 1.70 and a beta of 1.61. The company’s 50-day moving average is $16.54 and its 200-day moving average is $15.07. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53.

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

Institutional Inflows and Outflows

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