Barrington Sticks to Its Buy Rating for Lincoln Edu (LINC)

In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Lincoln Edu (LINC), with a price target of $8.50. The company’s shares closed last Tuesday at $6.80.

According to, Paris is a 2-star analyst with an average return of 0.0% and a 38.1% success rate. Paris covers the Services sector, focusing on stocks such as Universal Technical Institute, American Public Education, and Adtalem Global Education.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lincoln Edu with a $8.19 average price target, representing a 18.9% upside. In a report issued on September 10, Canaccord Genuity also initiated coverage with a Buy rating on the stock with a $12.00 price target.

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Based on Lincoln Edu’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $62.47 million and net profit of $783K. In comparison, last year the company earned revenue of $63.57 million and had a GAAP net loss of $3.06 million.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LINC in relation to earlier this year.

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Lincoln Educational Services Corp. engages in the provision of post-secondary education to high school graduates and working adults. It operates through the following segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional. The Transportation and Skilled Trades segment offers academic programs mainly in the disciplines of transportation and skilled trades such as automotive; diesel; heating, ventilation, and air conditioning; welding; and manufacturing. The Healthcare and Other Professions segment provides academic programs in the disciplines of health sciences, hospitality and business, and information technology. The Transitional segment refers to campuses that are being taught-out and closed, and operations that are being phased out. The company was founded in 1946 and is headquartered in West Orange, NJ.

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