North Star Investment Management Corp. Boosts Position in Lincoln Educational Services Corporation $LINC

Key Points

• North Star Investment Management Corp. increased its stake in Lincoln Educational Services by 14.1%, acquiring an additional 15,000 shares during the second quarter, bringing its total ownership to 121,275 shares valued at approximately $2.8 million.
• Lincoln Educational Services reported earnings of $0.09 per share for the latest quarter, exceeding analysts' expectations of $0.04, along with revenues of $116.47 million that also surpassed estimates.
• Analysts have a consensus rating of "Buy" for Lincoln Educational Services, with an average target price of $25.00, and recent price targets have been raised by firms like Rosenblatt Securities to $27.00.

North Star Investment Management Corp. lifted its stake in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 14.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 121,275 shares of the company's stock after acquiring an additional 15,000 shares during the period. North Star Investment Management Corp. owned 0.38% of Lincoln Educational Services worth $2,795,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of Lincoln Educational Services by 1,952.6% during the 1st quarter. GAMMA Investing LLC now owns 11,823 shares of the company's stock worth $188,000 after purchasing an additional 11,247 shares during the last quarter. Millennium Management LLC acquired a new stake in shares of Lincoln Educational Services during the 4th quarter worth about $288,000. Calamos Advisors LLC increased its position in shares of Lincoln Educational Services by 19.4% during the 1st quarter. Calamos Advisors LLC now owns 109,369 shares of the company's stock worth $1,736,000 after purchasing an additional 17,740 shares during the last quarter. Hsbc Holdings PLC grew its position in Lincoln Educational Services by 54.1% in the 1st quarter. Hsbc Holdings PLC now owns 43,585 shares of the company's stock valued at $669,000 after acquiring an additional 15,299 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Lincoln Educational Services by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 1,494,714 shares of the company's stock valued at $23,721,000 after acquiring an additional 75,989 shares in the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $22.21 on Thursday. The stock has a 50 day moving average price of $20.95 and a 200 day moving average price of $20.05. 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 company has a market capitalization of $702.24 million, a price-to-earnings ratio of 48.28, a price-to-earnings-growth ratio of 1.91 and a beta of 1.31. Lincoln Educational Services Corporation has a 52-week low of $11.43 and a 52-week high of $25.76.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly 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 the consensus estimate of $113.96 million. Lincoln Educational Services had a return on equity of 11.20% and a net margin of 3.05%. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. Research analysts predict that Lincoln Educational Services Corporation will post 0.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LINC. Rosenblatt Securities lifted their target price on Lincoln Educational Services from $25.00 to $27.00 and gave the company a "buy" rating in a research report on Tuesday, August 12th. Zacks Research raised Lincoln Educational Services to a "hold" rating in a research report on Friday, August 8th. Finally, Barrington Research reissued an "outperform" rating and set a $25.00 price objective on shares of Lincoln Educational Services in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Lincoln Educational Services presently has a consensus rating of "Buy" and an average target price of $25.00.

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.

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