Lincoln Educational Services Corporation (NASDAQ:LINC) Receives Average Recommendation of “Buy” from Brokerages

Lincoln Educational Services Corporation (NASDAQ:LINC) has earned a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $25.00.

A number of equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Lincoln Educational Services to a “hold” rating in a research report on Friday, August 8th. Lake Street Capital increased their target price on shares of Lincoln Educational Services from $21.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, May 13th. Rosenblatt Securities increased their target price on shares of Lincoln Educational Services from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Tuesday, August 12th. Barrington Research increased their target price on shares of Lincoln Educational Services from $22.00 to $25.00 and gave the company an “outperform” rating in a research report on Monday, May 12th. Finally, B. Riley reiterated a “buy” rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $19.77 on Wednesday. The firm has a 50-day moving average price of $22.10 and a 200 day moving average price of $19.68. The firm has a market capitalization of $625.13 million, a PE ratio of 42.98, a P/E/G ratio of 1.74 and a beta of 1.50. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 0.24. Lincoln Educational Services has a 52-week low of $11.38 and a 52-week high of $25.76.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Monday, August 11th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. The firm had revenue of $116.47 million during the quarter, compared to analyst estimates of $113.96 million. Lincoln Educational Services had a net margin of 3.05% and a return on equity of 11.20%. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. On average, sell-side analysts anticipate that Lincoln Educational Services will post 0.54 earnings per share for the current fiscal year.

Insider Activity

In other news, COO Chad D. Nyce sold 6,200 shares of the firm’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $22.93, for a total transaction of $142,166.00. Following the completion of the transaction, the chief operating officer owned 170,209 shares in the company, valued at approximately $3,902,892.37. This trade represents a 3.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Carlton Rose sold 30,000 shares of the firm’s stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $23.63, for a total transaction of $708,900.00. Following the transaction, the director owned 15,295 shares of the company’s stock, valued at approximately $361,420.85. This trade represents a 66.23% decrease in their position. The disclosure for this sale can be found here. Company insiders own 16.80% of the company’s stock.

Hedge Funds Weigh In On Lincoln Educational Services

Several large investors have recently made changes to their positions in LINC. Wellington Management Group LLP bought a new position in shares of Lincoln Educational Services during the 1st quarter valued at about $8,344,000. Alyeska Investment Group L.P. boosted its position in shares of Lincoln Educational Services by 43.1% during the 4th 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. American Century Companies Inc. boosted its holdings in shares of Lincoln Educational Services by 293.7% in the second quarter. American Century Companies Inc. now owns 389,989 shares of the company’s stock worth $8,989,000 after buying an additional 290,935 shares during the period. Wasatch Advisors LP boosted its holdings in shares of Lincoln Educational Services by 22.1% in the second quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company’s stock worth $25,703,000 after buying an additional 202,170 shares during the period. Finally, Cannell Capital LLC purchased a new position in shares of Lincoln Educational Services in the second quarter worth approximately $3,812,000. Institutional investors own 72.23% of the company’s stock.

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.