Lincoln Educational Services (NASDAQ:LINC) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

Lincoln Educational Services Corporation (NASDAQ:LINC - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.95 and traded as high as $24.08. Lincoln Educational Services shares last traded at $23.05, with a volume of 286,510 shares traded.

Analyst Ratings Changes

Several equities research analysts have weighed in on LINC shares. Lake Street Capital increased their price target on Lincoln Educational Services from $21.00 to $26.00 and gave the stock a "buy" rating in a research report on Tuesday, May 13th. Northland Securities started coverage on Lincoln Educational Services in a research report on Thursday, April 24th. They set an "outperform" rating and a $24.00 price target on the stock. B. Riley reaffirmed a "buy" rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th. Rosenblatt Securities increased their price target on Lincoln Educational Services from $24.00 to $25.00 and gave the stock a "buy" rating in a research report on Tuesday, May 13th. Finally, Barrington Research increased their target price on shares of Lincoln Educational Services from $22.00 to $25.00 and gave the stock an "outperform" rating in a research note on Monday, May 12th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $24.60.

Lincoln Educational Services Stock Performance

The firm's 50 day moving average price is $21.60 and its 200-day moving average price is $18.11. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.01 and a current ratio of 1.04. The firm has a market capitalization of $726.73 million, a PE ratio of 58.99, a price-to-earnings-growth ratio of 2.13 and a beta of 1.58.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.07. The firm had revenue of $117.51 million for the quarter, compared to analyst estimates of $114.55 million. Lincoln Educational Services had a net margin of 2.65% and a return on equity of 10.88%. On average, research analysts expect that Lincoln Educational Services Corporation will post 0.54 EPS for the current year.

Insider Activity at Lincoln Educational Services

In other Lincoln Educational Services news, COO Chad D. Nyce sold 6,200 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $22.93, for a total value of $142,166.00. Following the transaction, the chief operating officer directly owned 170,209 shares of the company's stock, valued at $3,902,892.37. This trade represents a 3.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Carlton Rose sold 30,000 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $23.63, for a total transaction of $708,900.00. Following the completion of the transaction, the director directly owned 15,295 shares in the company, valued at $361,420.85. This trade represents a 66.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 51,200 shares of company stock valued at $1,172,166. 13.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Lincoln Educational Services by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 1,494,714 shares of the company's stock worth $23,721,000 after buying an additional 75,989 shares during the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of Lincoln Educational Services by 43.1% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company's stock worth $17,768,000 after buying an additional 338,495 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Lincoln Educational Services by 5.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,071,560 shares of the company's stock worth $16,952,000 after buying an additional 51,430 shares during the last quarter. First Eagle Investment Management LLC increased its holdings in shares of Lincoln Educational Services by 5.2% during the 4th quarter. First Eagle Investment Management LLC now owns 833,093 shares of the company's stock worth $13,180,000 after buying an additional 41,442 shares during the last quarter. Finally, Next Century Growth Investors LLC increased its holdings in shares of Lincoln Educational Services by 11.3% during the 1st quarter. Next Century Growth Investors LLC now owns 738,923 shares of the company's stock worth $11,727,000 after buying an additional 74,775 shares during the last quarter. 72.23% of the stock is owned by hedge funds and other institutional investors.

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.