2 weeks Ago By ABMN Staff
Shares of Lincoln Educational Services Co. ( NASDAQ:LINC – Get Free Report ) gapped up before the market opened on Friday . The stock had previously closed at $16.
00, but opened at $16.33. Lincoln Educational Services shares last traded at $16.
36, with a volume of 17,014 shares. Analysts Set New Price Targets Several equities analysts have commented on the stock. Barrington Research reiterated an “outperform” rating and issued a $22.
00 price objective on shares of Lincoln Educational Services in a report on Wednesday. Rosenblatt Securities raised their price objective on Lincoln Educational Services from $20.00 to $24.
00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Finally, B. Riley began coverage on shares of Lincoln Educational Services in a research report on Friday.
They issued a “buy” rating and a $23.00 target price for the company. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock.
Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $21.00. Read Our Latest Stock Analysis on Lincoln Educational Services Lincoln Educational Services Price Performance Lincoln Educational Services ( NASDAQ:LINC – Get Free Report ) last issued its quarterly earnings data on Monday, February 24th.
The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.
11. The business had revenue of $119.37 million during the quarter, compared to analyst estimates of $110.
50 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.
60%. Research analysts expect that Lincoln Educational Services Co. will post 0.
54 earnings per share for the current year. Institutional Investors Weigh In On Lincoln Educational Services Several institutional investors and hedge funds have recently made changes to their positions in LINC. Vanguard Group Inc.
raised its position in shares of Lincoln Educational Services by 1.1% in the 4th quarter. Vanguard Group Inc.
now owns 1,418,725 shares of the company’s stock worth $22,444,000 after acquiring an additional 14,772 shares in the last quarter. Alyeska Investment Group L.P.
lifted its holdings in shares of Lincoln Educational Services by 43.1% in the fourth quarter. Alyeska Investment Group L.
P. now owns 1,123,143 shares of the company’s stock valued at $17,768,000 after purchasing an additional 338,495 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in 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 valued at $16,952,000 after acquiring an additional 51,430 shares in the last quarter. First Eagle Investment Management LLC lifted its position in shares of Lincoln Educational Services by 5.
2% during the fourth quarter. First Eagle Investment Management LLC now owns 833,093 shares of the company’s stock valued at $13,180,000 after purchasing an additional 41,442 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Lincoln Educational Services by 6.
5% in the 4th quarter. Renaissance Technologies LLC now owns 690,378 shares of the company’s stock worth $10,922,000 after buying an additional 42,000 shares during the last quarter. Institutional investors and hedge funds own 72.
23% of the company’s stock. About Lincoln Educational Services ( Get Free Report ) 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. Further Reading Receive News & Ratings for Lincoln Educational Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services and related companies with MarketBeat.com's FREE daily email newsletter .
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