StockNews.com downgraded the shares of Lincoln Educational Services (NASDAQ:LINC – Free Report) from a hold rating to a buy rating in a research report sent to investors on Friday morning.
Several other equities analysts have also commented on LINC. Lake Street Capital raised their price target on shares of Lincoln Educational Services from $14.00 to $15.00 and gave the company a buy rating in a report on Tuesday, May 7th. Barrington Research reiterated an outperform rating and set a $16.00 price target on shares of Lincoln Educational Services in a research report on Thursday. Rosenblatt Securities raised their price target on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the company a buy rating in a research report on Friday. Finally, B. Riley raised their price target on shares of Lincoln Educational Services from $14.00 to $15.00 and gave the company a buy rating in a research report on Tuesday, May 7th. Five investment analysts have rated the stock with a buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $15.75.
Check out our latest analysis on Lincoln Educational Services
Lincoln Educational Services down 1.6%
NASDAQ:LINC shares opened at $11.98 on Friday. The company’s 50-day moving average is $12.03 and its 200-day moving average is $10.98. Lincoln Educational Services has a 1-year low of $7.88 and a 1-year high of $14.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.98 and a quick ratio of 1.94. The company has a market cap of $376.70 million, a P/E ratio of 14.09, a PEG ratio of 1.84 and a beta of 1.41.
Insider transactions at Lincoln Educational Services
In related news, major shareholder Juniper Investment Company, Ll sold 25,010 shares of the company’s stock on Friday, May 31. The shares were sold at an average price of $11.75, for a total value of $293,867.50. Following the completion of the transaction, the insider now owns 246,299 shares of the company’s stock, valued at approximately $2,894,013.25. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 16.80% of the company’s stock.
Institutional inflows and outflows
Several large investors have recently bought and sold shares of LINC. Gladius Capital Management LP bought a new position in shares of Lincoln Educational Services during the second quarter valued at about $33,000. Pullen Investment Management LLC increased its holdings in Lincoln Educational Services by 2.4% in the second quarter. Pullen Investment Management LLC now owns 124,832 shares of the company’s stock valued at $1,481,000 after acquiring an additional 2,924 shares during the period. SG Americas Securities LLC increased its holdings in shares of Lincoln Educational Services by 31.1% in the fourth quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock valued at $135,000 after acquiring an additional 3,182 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Lincoln Educational Services by 60.2% in the first quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock valued at $116,000 after purchasing an additional 4,217 shares during the same period. Finally, Weil Company Inc. increased its holdings in Lincoln Educational Services by 12.3% in the second quarter. Weil Company Inc. now owns 41,125 shares of the company’s stock valued at $488,000 after purchasing an additional 4,500 shares during the last quarter. 72.23% of the shares are owned by institutional investors.
About Lincoln Educational Services
(Get free report)
Lincoln Educational Services Corporation, together with its subsidiaries, provides a variety of career-oriented postsecondary education services to high school graduates and working professionals throughout the United States. The company operates in two segments: Campus Operations and Transitional. It offers associate degrees, diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computer numerical control, and electrical and electronic systems engineering; health sciences programs, including nursing, registered nurse, dental assistant, physician assistant, medical administrative assistant, and claims adjuster; hospitality and information technology programs, such as culinary arts, therapeutic massage, cosmetology, aesthetics, and computer systems support technician.
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