Lincoln Educational Services (LINC) Projected to Post Quarterly Earnings on Monday

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Monday, February 24th. Analysts expect Lincoln Educational Services to post earnings of $0.20 per share and revenue of $110.85 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Lincoln Educational Services Stock Down 1.9 %

Shares of LINC stock traded down $0.34 on Thursday, hitting $17.64. The company's stock had a trading volume of 141,701 shares, compared to its average volume of 125,770. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. The stock has a market capitalization of $555.29 million, a price-to-earnings ratio of 55.13, a P/E/G ratio of 1.73 and a beta of 1.41. Lincoln Educational Services has a fifty-two week low of $9.29 and a fifty-two week high of $18.74. The firm's fifty day moving average price is $16.09 and its 200-day moving average price is $14.28.

Insider Activity

In related news, EVP Chad D. Nyce sold 9,977 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $16.50, for a total transaction of $164,620.50. Following the completion of the sale, the executive vice president now owns 144,669 shares in the company, valued at $2,387,038.50. This represents a 6.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Juniper Investment Company, Ll sold 60,000 shares of the firm's stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $16.62, for a total value of $997,200.00. Following the completion of the sale, the insider now directly owns 605,005 shares in the company, valued at $10,055,183.10. This trade represents a 9.02 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 182,090 shares of company stock valued at $2,987,371. 16.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on LINC. B. Riley upped their price target on Lincoln Educational Services from $15.00 to $20.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. Barrington Research reaffirmed an "outperform" rating and set a $20.00 target price on shares of Lincoln Educational Services in a research report on Wednesday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Lincoln Educational Services presently has a consensus rating of "Moderate Buy" and a consensus price target of $18.00.

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.