Does This Provide a Reason to Buy Lincoln Educational Services Corp (LINC)? The Stock Has Formed Multiple Top Chart Pattern

September 17, 2017 - By Clifton Ray

Investors sentiment decreased to 1 in Q4 2016. Its down 0.50, from 1.5 in 2016Q3. It dived, as 5 investors sold Lincoln Educational Services Corp shares while 6 reduced holdings. 3 funds opened positions while 8 raised stakes. 14.16 million shares or 5.35% more from 13.44 million shares in 2016Q3 were reported.
Tower Capital Lc (Trc) holds 0% of its portfolio in Lincoln Educational Services Corp (NASDAQ:LINC) for 6,577 shares. Prescott Group Mngmt Limited Liability Corp holds 346,734 shares or 0.14% of its portfolio. Moreover, Deutsche National Bank & Trust Ag has 0% invested in Lincoln Educational Services Corp (NASDAQ:LINC) for 94,412 shares. Goldman Sachs Gru invested in 0% or 47,628 shares. Paradice Inv Mngmt Limited holds 2.61 million shares or 0.48% of its portfolio. 579,905 were accumulated by Bridgeway Inc. Kcg Inc stated it has 0% of its portfolio in Lincoln Educational Services Corp (NASDAQ:LINC). Nantahala Capital Mngmt Ltd Liability Co holds 0.47% or 2.37 million shares. National Bank & Trust Of Montreal Can holds 0% of its portfolio in Lincoln Educational Services Corp (NASDAQ:LINC) for 9,558 shares. Alyeska Investment Gp L P has 195,644 shares for 0% of their portfolio. Ancora Advsrs Ltd holds 0.02% or 139,500 shares. Vanguard Gru Inc has 0% invested in Lincoln Educational Services Corp (NASDAQ:LINC) for 803,192 shares. Blackrock Fund reported 0% stake. Federated Invsts Inc Pa holds 0% of its portfolio in Lincoln Educational Services Corp (NASDAQ:LINC) for 253 shares. Dimensional Fund Advsr Limited Partnership has invested 0% of its portfolio in Lincoln Educational Services Corp (NASDAQ:LINC).

Since May 18, 2017, it had 0 insider buys, and 2 selling transactions for $276,346 activity. 50,000 shares were sold by Meyers Brian K, worth $154,819.

The stock of Lincoln Educational Services Corp (LINC) shows a multiple tops pattern with $2.80 target or 5.00 % above today’s $2.67 share price. The 8 months chart pattern indicates low risk for the $66.00 million company. It was reported on Sep, 17 by If the $2.80 price target is reached, the company will be worth $3.30 million more.
Multiple tops are chart patterns with decent performance in a bull market. The failure rate is higher but the average decline is reasonable. Back-tests of such patterns show that the break even failure rate is 10%, the average rise: 19%, the throwback rate: 61% and the percentage of stocks meeting their price targets: 40%.

The stock increased 4.71% or $0.12 on September 15, reaching $2.67. About 71,963 shares traded or 28.85% up from the average. Lincoln Educational Services Corp (NASDAQ:LINC) has risen 108.84% since September 17, 2016 and is uptrending. It has outperformed by 92.14% the S&P500.

Investors wait Lincoln Educational Services Corp (NASDAQ:LINC) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.01 EPS, down $0.04 or 80.00 % from last year’s $0.05 same quarter earnings. This translates into $247,191 profit for LINC giving the stock a 66.75 P/E. This is assuming the current $0.01 EPS is accurate. Lincoln Educational Services Corp’s Wall Street analysts see -103.57 % EPS growth, taking into account the $-0.28 EPS reproted in the previous quarter,

More notable recent Lincoln Educational Services Corp (NASDAQ:LINC) news were published by: which released: “BRIEF-Alexis P. Michas reports 5.7 pct stake in Lincoln Educational Services” on May 25, 2017, also with their article: “Lincoln Educational Services Corporation Schedules Fourth Quarter and Year End …” published on February 10, 2017, published: “Lincoln Educational Services Corporation Completes Sale of West Palm Beach …” on August 16, 2017. More interesting news about Lincoln Educational Services Corp (NASDAQ:LINC) were released by: and their article: “South Florida Business Journal” published on August 15, 2017 as well as‘s news article titled: “Lincoln Educational Services Corporation Launches Plan to Streamline Business …” with publication date: November 03, 2015.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: