Barrington Research Raises Lincoln Educational Services (NASDAQ:LINC) Price Target to $20.00

Lincoln Educational Services (NASDAQ:LINC) had its price target hoisted by Barrington Research from $16.00 to $20.00 in a research report report published on Monday,Benzinga reports. Barrington Research currently has an outperform rating on the stock. Barrington Research also issued estimates for Lincoln Educational Services’ Q4 2024 earnings at $0.29 EPS, FY2024 earnings at $0.54 EPS and FY2025 earnings at $0.69 EPS.

LINC has been the subject of a number of other research reports. Rosenblatt Securities raised their price target on Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, August 9th. B. Riley lifted 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. Finally, StockNews.com lowered shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $18.00.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $15.42 on Monday. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.17. Lincoln Educational Services has a 52-week low of $8.78 and a 52-week high of $18.74. The company has a 50-day simple moving average of $12.79 and a 200-day simple moving average of $12.26. The company has a market capitalization of $485.34 million, a PE ratio of 48.19, a P/E/G ratio of 2.09 and a beta of 1.41.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Monday, November 11th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The company had revenue of $114.41 million during the quarter, compared to analysts’ expectations of $111.05 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.68%. During the same period last year, the business posted $0.11 earnings per share. Equities research analysts predict that Lincoln Educational Services will post 0.54 earnings per share for the current fiscal year.

Insider Transactions at Lincoln Educational Services

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 2,270 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $12.04, for a total transaction of $27,330.80. Following the transaction, the insider now owns 874,140 shares of the company’s stock, valued at $10,524,645.60. This represents a 0.26 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 16.80% of the company’s stock.

Hedge Funds Weigh In On Lincoln Educational Services

Several institutional investors have recently added to or reduced their stakes in the business. Herr Investment Group LLC grew its holdings in Lincoln Educational Services by 3.9% in the first quarter. Herr Investment Group LLC now owns 2,355,737 shares of the company’s stock valued at $24,335,000 after purchasing an additional 88,335 shares during the period. Vanguard Group Inc. grew its stake in shares of Lincoln Educational Services by 11.3% during the 1st quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock valued at $13,875,000 after buying an additional 136,334 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Lincoln Educational Services by 5.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company’s stock worth $11,509,000 after buying an additional 50,737 shares during the period. First Eagle Investment Management LLC boosted its holdings in Lincoln Educational Services by 25.4% in the second quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company’s stock valued at $9,119,000 after acquiring an additional 155,754 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in Lincoln Educational Services by 12.6% during the second quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock valued at $7,658,000 after acquiring an additional 72,400 shares during the period. 72.23% of the stock is currently owned by institutional investors and hedge funds.

About Lincoln Educational Services

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.