Lincoln Educational Services Co. (NASDAQ:LINC) Short Interest Update

Lincoln Educational Services Co. (NASDAQ:LINC - Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 278,400 shares, a growth of 6.3% from the September 30th total of 261,800 shares. Based on an average daily trading volume, of 90,500 shares, the days-to-cover ratio is presently 3.1 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on LINC shares. Barrington Research reissued an "outperform" rating and set a $16.00 target price on shares of Lincoln Educational Services in a report on Friday, September 20th. Rosenblatt Securities upped their price objective on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the company a "buy" rating in a research note on Friday, August 9th. Finally, StockNews.com lowered Lincoln Educational Services from a "buy" rating to a "hold" rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $15.75.

Lincoln Educational Services Trading Down 0.7 %

NASDAQ:LINC traded down $0.10 on Thursday, reaching $13.28. The company's stock had a trading volume of 59,628 shares, compared to its average volume of 107,048. The firm has a market cap of $417.99 million, a price-to-earnings ratio of 15.55, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.17. Lincoln Educational Services has a 12-month low of $8.40 and a 12-month high of $14.52. The stock has a 50 day moving average price of $12.25 and a 200 day moving average price of $11.89.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.07. The firm had revenue of $102.91 million for the quarter, compared to analyst estimates of $99.60 million. Lincoln Educational Services had a net margin of 1.95% and a return on equity of 10.38%. On average, equities analysts anticipate that Lincoln Educational Services will post 0.51 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Juniper Investment Company, Ll sold 2,270 shares of the company's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $12.04, for a total value of $27,330.80. Following the sale, the insider now owns 874,140 shares in the company, valued at $10,524,645.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 40,819 shares of company stock valued at $490,481. 16.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Lincoln Educational Services

Several institutional investors have recently modified their holdings of the business. Gladius Capital Management LP acquired a new stake in shares of Lincoln Educational Services in the 2nd quarter valued at $33,000. SG Americas Securities LLC purchased a new stake in shares of Lincoln Educational Services during the third quarter worth approximately $121,000. The Manufacturers Life Insurance Company acquired a new stake in Lincoln Educational Services in the second quarter valued at about $123,000. BNP Paribas Financial Markets boosted its position in shares of Lincoln Educational Services by 60.2% during the 1st quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company's stock worth $116,000 after purchasing an additional 4,217 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings in Lincoln Educational Services by 36.0% in the second quarter. Rhumbline Advisers now owns 38,162 shares of the company's stock valued at $453,000 after buying an additional 10,095 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company's stock.

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.