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 report released on Thursday morning,Zacks.com reports.

Other equities research analysts also recently issued reports about the company. 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. Northland Securities assumed coverage on shares of Lincoln Educational Services in a report on Thursday. They set an "outperform" rating and a $24.00 price target on the stock. B. Riley assumed coverage on shares of Lincoln Educational Services in a research note on Friday, March 28th. They issued a "buy" rating and a $23.00 price objective for the company. Finally, Barrington Research restated an "outperform" rating and issued a $22.00 target price on shares of Lincoln Educational Services in a report on Wednesday, March 26th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $21.60.

Lincoln Educational Services Price Performance

LINC traded down $0.24 during trading on Thursday, reaching $17.14. The stock had a trading volume of 167,594 shares, compared to its average volume of 149,837. Lincoln Educational Services has a 1-year low of $10.06 and a 1-year high of $19.79. The company has a quick ratio of 1.53, a current ratio of 1.57 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average of $16.48 and a two-hundred day moving average of $15.84. The firm has a market capitalization of $541.50 million, a price-to-earnings ratio of 53.56, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.11. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. The company had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. As a group, equities analysts anticipate that Lincoln Educational Services will post 0.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of LINC. State Street Corp increased its holdings in Lincoln Educational Services by 3.0% in 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 stake in shares of Lincoln Educational Services by 63.6% in the third quarter. Jane Street Group LLC now owns 38,367 shares of the company's stock worth $458,000 after purchasing an additional 14,913 shares during the period. Barclays PLC lifted its position in shares of Lincoln Educational Services by 259.0% during the 3rd quarter. Barclays PLC now owns 34,220 shares of the company's stock worth $408,000 after purchasing an additional 24,688 shares during the last quarter. Geode Capital Management LLC boosted its stake in Lincoln Educational Services by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 636,160 shares of the company's stock valued at $7,598,000 after purchasing an additional 11,650 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Lincoln Educational Services by 248.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company's stock valued at $473,000 after buying an additional 28,275 shares during the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

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.