Brokerages Set Lincoln Educational Services Corporation (NASDAQ:LINC) Price Target at $37.33

Shares of Lincoln Educational Services Corporation (NASDAQ:LINCGet Free Report) have been assigned an average recommendation of “Buy” from the seven analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $37.3333.

A number of research firms recently issued reports on LINC. B. Riley Financial raised their price objective on shares of Lincoln Educational Services from $33.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Lake Street Capital raised their price target on shares of Lincoln Educational Services from $26.00 to $35.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Zacks Research cut shares of Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Rosenblatt Securities upped their price objective on Lincoln Educational Services from $27.00 to $39.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Finally, Barrington Research set a $38.00 price objective on Lincoln Educational Services in a report on Monday, February 23rd.

Read Our Latest Stock Analysis on LINC

Lincoln Educational Services Stock Up 6.0%

Shares of NASDAQ LINC opened at $39.51 on Friday. The company has a market capitalization of $1.25 billion, a P/E ratio of 62.72, a price-to-earnings-growth ratio of 3.55 and a beta of 0.91. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.82 and a current ratio of 0.86. Lincoln Educational Services has a 52-week low of $14.81 and a 52-week high of $39.94. The company’s 50 day moving average price is $30.06 and its 200-day moving average price is $24.63.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last issued its earnings results on Monday, February 23rd. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. The business had revenue of $142.87 million during the quarter, compared to analyst estimates of $131.70 million. Lincoln Educational Services had a return on equity of 15.24% and a net margin of 3.86%.Lincoln Educational Services has set its FY 2026 guidance at 0.640-0.740 EPS. Equities analysts forecast that Lincoln Educational Services will post 0.54 earnings per share for the current year.

Insider Transactions at Lincoln Educational Services

In other news, Director Michael A. Plater sold 17,256 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $35.73, for a total transaction of $616,556.88. Following the completion of the transaction, the director owned 17,568 shares in the company, valued at approximately $627,704.64. This represents a 49.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Juniper Investment Company, Ll sold 275,000 shares of Lincoln Educational Services stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $34.55, for a total value of $9,501,250.00. Following the completion of the sale, the insider directly owned 2,088,311 shares of the company’s stock, valued at approximately $72,151,145.05. This trade represents a 11.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 458,665 shares of company stock worth $16,061,744 over the last 90 days. 16.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Lincoln Educational Services

Large investors have recently modified their holdings of the business. Pillsbury Lake Capital LLC bought a new stake in shares of Lincoln Educational Services in the fourth quarter valued at approximately $17,028,000. Cannell Capital LLC boosted its holdings in Lincoln Educational Services by 248.6% in the 3rd quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock worth $13,548,000 after buying an additional 411,111 shares during the period. Alyeska Investment Group L.P. boosted its holdings in Lincoln Educational Services by 26.1% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock worth $34,066,000 after buying an additional 300,000 shares during the period. American Century Companies Inc. grew its stake in Lincoln Educational Services by 293.7% in the 2nd quarter. American Century Companies Inc. now owns 389,989 shares of the company’s stock valued at $8,989,000 after buying an additional 290,935 shares in the last quarter. Finally, Needham Investment Management LLC grew its stake in Lincoln Educational Services by 30.1% in the 4th quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock valued at $27,169,000 after buying an additional 260,000 shares in the last quarter. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Company Profile

(Get Free Report)

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.

Further Reading

Analyst Recommendations for Lincoln Educational Services (NASDAQ:LINC)

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