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

Lincoln Educational Services Corporation (NASDAQ:LINC) has earned a consensus rating of “Buy” from the seven brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $25.00.

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

Insider Buying and Selling at Lincoln Educational Services

In other news, Director Carlton Rose sold 30,000 shares of Lincoln Educational Services stock in a transaction on Friday, May 30th. The stock was 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 in the company, valued at $361,420.85. The trade was a 66.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Chad D. Nyce sold 6,200 shares of Lincoln Educational Services stock in a transaction on Friday, June 6th. The stock was sold at an average price of $22.93, for a total value of $142,166.00. Following the transaction, the chief operating officer owned 170,209 shares in the company, valued at approximately $3,902,892.37. This represents a 3.51% decrease in their position. The disclosure for this sale can be found here. 16.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LINC. Wellington Management Group LLP acquired a new position in Lincoln Educational Services in the first quarter valued at approximately $8,344,000. Alyeska Investment Group L.P. lifted its holdings in Lincoln Educational Services by 43.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company’s stock valued at $17,768,000 after acquiring an additional 338,495 shares during the last quarter. American Century Companies Inc. lifted its holdings in Lincoln Educational Services by 293.7% in the second quarter. American Century Companies Inc. now owns 389,989 shares of the company’s stock valued at $8,989,000 after acquiring an additional 290,935 shares during the last quarter. Wasatch Advisors LP lifted its holdings in Lincoln Educational Services by 22.1% in the second quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company’s stock valued at $25,703,000 after acquiring an additional 202,170 shares during the last quarter. Finally, Cannell Capital LLC acquired a new position in Lincoln Educational Services in the second quarter valued at approximately $3,812,000. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Educational Services Stock Up 0.6%

NASDAQ LINC opened at $19.77 on Wednesday. The business has a fifty day moving average price of $22.10 and a 200 day moving average price of $19.68. Lincoln Educational Services has a one year low of $11.38 and a one year high of $25.76. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.85 and a current ratio of 0.90. The company has a market cap of $625.13 million, a P/E ratio of 42.98, a P/E/G ratio of 1.74 and a beta of 1.50.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Monday, August 11th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. The business had revenue of $116.47 million during the quarter, compared to analysts’ expectations 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. Research analysts anticipate that Lincoln Educational Services will post 0.54 EPS for the current fiscal year.

About Lincoln Educational Services

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.