Lincoln Educational Services Corporation (LINC) Receiving Somewhat Positive News Coverage, Report Finds

News stories about Lincoln Educational Services Corporation (NASDAQ:LINC) have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lincoln Educational Services Corporation earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.4786229687917 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have impacted Accern’s analysis:

Separately, Zacks Investment Research raised Lincoln Educational Services Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 12th.

Lincoln Educational Services Corporation (NASDAQ LINC) traded up 6.16% during mid-day trading on Tuesday, hitting $3.19. The company had a trading volume of 19,351 shares. Lincoln Educational Services Corporation has a 1-year low of $1.56 and a 1-year high of $3.74. The stock’s market capitalization is $78.85 million. The stock has a 50 day moving average price of $3.18 and a 200-day moving average price of $2.76.

Lincoln Educational Services Corporation (NASDAQ:LINC) last posted its quarterly earnings data on Monday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.25) by $0.03. Lincoln Educational Services Corporation had a negative return on equity of 14.19% and a negative net margin of 16.00%. The firm had revenue of $61.90 million during the quarter, compared to analysts’ expectations of $62.48 million. During the same period last year, the company earned ($0.13) earnings per share. The business’s revenue for the quarter was down 9.1% compared to the same quarter last year. On average, analysts forecast that Lincoln Educational Services Corporation will post ($0.51) earnings per share for the current year.

In related news, insider Deborah M. Ramentol sold 40,000 shares of the stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $3.04, for a total value of $121,600.00. Following the sale, the insider now directly owns 56,769 shares of the company’s stock, valued at approximately $172,577.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brian K. Meyers sold 50,000 shares of the stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $3.10, for a total transaction of $155,000.00. Following the completion of the sale, the chief financial officer now directly owns 169,449 shares in the company, valued at $525,291.90. The disclosure for this sale can be found here. Corporate insiders own 6.10% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Lincoln Educational Services Corporation (LINC) Receiving Somewhat Positive News Coverage, Report Finds” was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this news story can be read at https://stocknewstimes.com/2017/08/08/lincoln-educational-services-corporation-linc-receiving-somewhat-positive-news-coverage-report-finds.html.

Lincoln Educational Services Corporation Company Profile

Lincoln Educational Services Corporation is a provider of post-secondary education. The Company operates in two segments: Transportation and Skilled Trades, and Transitional. The Transportation and Skilled Trades segment offers academic programs in the disciplines of transportation and skilled trades (automotive, diesel, heating, ventilation and air conditioning (HVAC), welding and manufacturing).

Insider Buying and Selling by Quarter for Lincoln Educational Services Corporation (NASDAQ:LINC)

Receive News & Ratings for Lincoln Educational Services Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply