Lincoln Educational Services (NASDAQ:LINC) Upgraded by Northland Capmk to "Strong-Buy" Rating

Northland Capmk upgraded shares of Lincoln Educational Services (NASDAQ:LINC - Free Report) to a strong-buy rating in a research report sent to investors on Thursday,Zacks.com reports.

LINC has been the topic of a number of other research reports. Northland Securities assumed coverage on Lincoln Educational Services in a report on Thursday, April 24th. They set an "outperform" rating and a $24.00 price target on the stock. Rosenblatt Securities upped their target price on Lincoln Educational Services from $20.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. B. Riley began coverage on shares of Lincoln Educational Services in a research report on Friday, March 28th. They set a "buy" rating and a $23.00 price objective on the stock. Finally, Barrington Research reiterated an "outperform" rating and issued a $22.00 target price on shares of Lincoln Educational Services in a research report on Wednesday, March 26th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Lincoln Educational Services has a consensus rating of "Buy" and an average target price of $21.60.

Lincoln Educational Services Trading Down 1.3 %

LINC traded down $0.22 during trading on Thursday, reaching $16.91. The company had a trading volume of 143,465 shares, compared to its average volume of 150,419. The firm's 50-day simple moving average is $16.47 and its 200 day simple moving average is $15.84. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. The company has a market cap of $534.24 million, a price-to-earnings ratio of 52.85, a PEG ratio of 1.70 and a beta of 1.57. Lincoln Educational Services has a 12-month low of $10.06 and a 12-month high of $19.79.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last released its earnings results on Monday, February 24th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.11. The business had revenue of $119.37 million for the quarter, compared to the consensus estimate of $110.50 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. Equities research analysts anticipate that Lincoln Educational Services will post 0.54 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp increased its position in Lincoln Educational Services by 3.0% during the third quarter. State Street Corp now owns 440,136 shares of the company's stock worth $5,255,000 after buying an additional 12,938 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Lincoln Educational Services by 63.6% during 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. Barclays PLC raised its stake in shares of Lincoln Educational Services by 259.0% in the 3rd quarter. Barclays PLC now owns 34,220 shares of the company's stock valued at $408,000 after acquiring an additional 24,688 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Lincoln Educational Services by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 636,160 shares of the company's stock worth $7,598,000 after purchasing an additional 11,650 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Lincoln Educational Services by 248.7% during the third quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company's stock worth $473,000 after purchasing an additional 28,275 shares during the period. Institutional investors own 72.23% of the company's stock.

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.