Lincoln Educational Services Corporation (NASDAQ:LINC) Given Average Rating of "Buy" by Brokerages

Key Points

• Lincoln Educational Services Corporation (NASDAQ:LINC) has received an average recommendation of "Buy" from seven brokerages, with one hold rating and five buy ratings.
• The company's recent earnings report showed earnings per share (EPS) of $0.09, exceeding analyst estimates of $0.04, with a revenue of $116.47 million compared to expected revenue of $113.96 million.
• Insider trading activity included COO Chad D. Nyce selling 6,200 shares, reflecting a 3.51% decrease in his position, while institutional investors own approximately 72.23% of the company's stock.

Lincoln Educational Services Corporation (NASDAQ:LINC - Get Free Report) has been given an average rating of "Buy" by the seven research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $25.00.

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

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 stock was sold at an average price of $22.93, for a total value of $142,166.00. Following the sale, the chief operating officer directly owned 170,209 shares of the company's stock, valued at approximately $3,902,892.37. This trade represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 13.60% of the company's stock.

Institutional Investors Weigh In On Lincoln Educational Services

A number of institutional investors have recently added to or reduced their stakes in LINC. McIlrath & Eck LLC increased its holdings in shares of Lincoln Educational Services by 156.4% during the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company's stock worth $36,000 after buying an additional 1,383 shares in the last quarter. Strs Ohio bought a new position in shares of Lincoln Educational Services in the 1st quarter valued at about $48,000. Morse Asset Management Inc bought a new position in shares of Lincoln Educational Services in the 4th quarter valued at about $101,000. USA Financial Formulas bought a new position in Lincoln Educational Services during the 2nd quarter worth approximately $114,000. Finally, Raymond James Financial Inc. bought a new position in Lincoln Educational Services during the 2nd quarter worth approximately $116,000. 72.23% of the stock is owned by institutional investors and hedge funds.

Lincoln Educational Services Stock Performance

LINC stock traded down $0.30 during midday trading on Wednesday, reaching $18.81. The company had a trading volume of 371,418 shares, compared to its average volume of 526,241. The stock has a 50 day moving average price of $21.90 and a 200 day moving average price of $19.70. The firm has a market capitalization of $594.77 million, a PE ratio of 40.89, a P/E/G ratio of 1.69 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 fifty-two week low of $11.38 and a fifty-two week high of $25.76.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.05. The business 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. Analysts anticipate that Lincoln Educational Services will post 0.54 earnings per share for the current year.

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.