Barrington Research Reiterates "Outperform" Rating for Lincoln Educational Services (NASDAQ:LINC)

Key Points

• Barrington Research has reiterated an "outperform" rating for Lincoln Educational Services (NASDAQ:LINC), with a target price of $25.00, suggesting a potential upside of 15.71% from its current price.
• The company reported $116.47 million in revenue for the last quarter, exceeding the consensus estimate, alongside an EPS of $0.09, which also surpassed estimates.
• Institutional investors own 72.23% of Lincoln Educational Services, with significant increases in holdings from firms like Vanguard Group and Wasatch Advisors.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report)'s stock had its "outperform" rating reiterated by analysts at Barrington Research in a research note issued on Tuesday,Benzinga reports. They currently have a $25.00 price objective on the stock. Barrington Research's target price would suggest a potential upside of 15.71% from the company's current price.

Several other research firms also recently commented on LINC. Zacks Research raised Lincoln Educational Services to a "hold" rating in a report on Friday, August 8th. Rosenblatt Securities boosted their target price on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a "buy" rating in a report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of $25.00.

Lincoln Educational Services Stock Performance

Shares of LINC traded down $0.21 during midday trading on Tuesday, reaching $21.61. 34,619 shares of the stock were exchanged, compared to its average volume of 279,307. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock's 50 day simple moving average is $20.98 and its 200 day simple moving average is $20.02. Lincoln Educational Services has a twelve month low of $11.43 and a twelve month high of $25.76. The company has a market cap of $683.18 million, a P/E ratio of 46.97, a PEG ratio of 1.85 and a beta of 1.31.

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

Institutional Trading of Lincoln Educational Services

A number of large investors have recently added to or reduced their stakes in LINC. Vanguard Group Inc. boosted its holdings in shares of Lincoln Educational Services by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 1,494,714 shares of the company's stock worth $23,721,000 after purchasing an additional 75,989 shares during the period. Wasatch Advisors LP boosted its holdings in shares of Lincoln Educational Services by 22.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company's stock worth $25,703,000 after purchasing an additional 202,170 shares during the period. Next Century Growth Investors LLC boosted its holdings in shares of Lincoln Educational Services by 11.3% in the 1st quarter. Next Century Growth Investors LLC now owns 738,923 shares of the company's stock worth $11,727,000 after purchasing an additional 74,775 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Lincoln Educational Services by 11.0% in the 2nd quarter. Geode Capital Management LLC now owns 728,506 shares of the company's stock worth $16,795,000 after purchasing an additional 71,973 shares during the period. Finally, Wellington Management Group LLP purchased a new position in shares of Lincoln Educational Services in the 1st quarter worth approximately $8,344,000. Institutional investors own 72.23% of the company's stock.

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.

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