Lincoln Educational Services (LINC) to Release Earnings on Monday

Lincoln Educational Services (NASDAQ:LINC) is scheduled to post its quarterly earnings results before the market opens on Monday, May 6th. Analysts expect Lincoln Educational Services to post earnings of $0.02 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Monday, February 26th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.04. The firm had revenue of $102.52 million for the quarter, compared to analysts’ expectations of $97.78 million. Lincoln Educational Services had a net margin of 6.88% and a return on equity of 9.63%. During the same period in the previous year, the company posted $0.32 EPS. On average, analysts expect Lincoln Educational Services to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lincoln Educational Services Price Performance

LINC opened at $11.09 on Friday. Lincoln Educational Services has a 12-month low of $5.44 and a 12-month high of $11.55. The company has a quick ratio of 1.79, a current ratio of 1.83 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $348.78 million, a P/E ratio of 12.90, a PEG ratio of 1.80 and a beta of 1.33. The stock has a fifty day moving average of $10.11 and a 200-day moving average of $9.64.

Insider Activity at Lincoln Educational Services

In other Lincoln Educational Services news, Director J Barry Morrow sold 5,252 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $10.08, for a total value of $52,940.16. Following the completion of the sale, the director now directly owns 122,911 shares of the company’s stock, valued at $1,238,942.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director J Barry Morrow sold 5,252 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $10.08, for a total value of $52,940.16. Following the transaction, the director now directly owns 122,911 shares of the company’s stock, valued at approximately $1,238,942.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Chad D. Nyce sold 26,000 shares of the stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $10.02, for a total value of $260,520.00. Following the transaction, the executive vice president now owns 154,646 shares in the company, valued at approximately $1,549,552.92. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 583,692 shares of company stock valued at $5,858,793. 16.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on LINC. Barrington Research reaffirmed an “outperform” rating and set a $12.00 target price on shares of Lincoln Educational Services in a research note on Tuesday, February 13th. B. Riley reiterated a “buy” rating and issued a $14.00 price objective (up previously from $12.00) on shares of Lincoln Educational Services in a research note on Thursday, March 21st. Rosenblatt Securities reissued a “buy” rating and set a $13.50 target price on shares of Lincoln Educational Services in a research note on Monday, April 29th. Finally, StockNews.com raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research note on Saturday, March 2nd.

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.