Lincoln Educational Services Co. (NASDAQ:LINC) EVP Chad D. Nyce Sells 9,977 Shares

Lincoln Educational Services Co. (NASDAQ:LINC) EVP Chad D. Nyce sold 9,977 shares of the firm’s stock in a transaction dated 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 directly owns 144,669 shares of the company’s stock, valued at approximately $2,387,038.50. The trade was a 6.45 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Lincoln Educational Services Stock Up 0.9 %

NASDAQ:LINC traded up $0.14 during trading hours on Wednesday, reaching $16.60. The company’s stock had a trading volume of 32,865 shares, compared to its average volume of 110,111. The company has a market capitalization of $522.55 million, a P/E ratio of 51.44, a price-to-earnings-growth ratio of 2.02 and a beta of 1.41. Lincoln Educational Services Co. has a 12 month low of $8.78 and a 12 month high of $18.74. 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 stock has a 50 day moving average price of $13.45 and a two-hundred day moving average price of $12.52.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings data on Monday, November 11th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The business had revenue of $114.41 million during the quarter, compared to the consensus estimate of $111.05 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. During the same period last year, the firm earned $0.11 EPS. Equities analysts predict that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Lincoln Educational Services

A number of large investors have recently bought and sold shares of the business. Gladius Capital Management LP purchased a new position in Lincoln Educational Services in the second quarter worth $33,000. SG Americas Securities LLC purchased a new position in Lincoln Educational Services in the third quarter worth $121,000. The Manufacturers Life Insurance Company purchased a new position in Lincoln Educational Services in the second quarter worth $123,000. Janus Henderson Group PLC purchased a new position in Lincoln Educational Services in the third quarter worth $144,000. Finally, Barclays PLC grew its holdings in Lincoln Educational Services by 259.0% in the third 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. Institutional investors own 72.23% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Rosenblatt Securities raised their price objective on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. StockNews.com downgraded shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Barrington Research lifted their price target on shares of Lincoln Educational Services from $16.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday, November 11th. Finally, B. Riley lifted their price target on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.