Lincoln Educational Services Corporation (NASDAQ:LINC) Receives $25.00 Average Price Target from Brokerages

Key Points

• Lincoln Educational Services Corporation (NASDAQ:LINC) has received a consensus rating of "Buy" from seven brokerages, with an average target price of $25.00.
• Significant insider activity includes Director Carlton Rose selling 30,000 shares, leading to a 66.23% decrease in their holdings, while COO Chad D. Nyce sold 6,200 shares, a 3.51% decrease in their position.
• Lincoln Educational Services reported an EPS of $0.09 for the latest quarter, exceeding analyst expectations and showcasing a revenue of $116.47 million.

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

LINC has been the subject of several recent research reports. Zacks Research upgraded Lincoln Educational Services to a "hold" rating in a research report on Friday, August 8th. Rosenblatt Securities upped their price target on Lincoln Educational Services from $25.00 to $27.00 and gave the company a "buy" rating in a report on Tuesday, August 12th. Barrington Research raised their target price 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. Lake Street Capital raised their target price on Lincoln Educational Services from $21.00 to $26.00 and gave the stock a "buy" rating in a research report on Tuesday, May 13th. Finally, B. Riley reaffirmed a "buy" rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th.

Lincoln Educational Services Price Performance

LINC traded down $0.30 during midday trading on Wednesday, hitting $18.81. The stock had a trading volume of 371,418 shares, compared to its average volume of 526,241. The company has a market cap of $594.77 million, a P/E ratio of 40.89, a price-to-earnings-growth ratio of 1.69 and a beta of 1.50. The business has a fifty day moving average of $21.90 and a 200 day moving average of $19.70. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.85 and a current ratio of 0.90. Lincoln Educational Services has a 1 year low of $11.38 and a 1 year high of $25.76.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.09 earnings per share for the quarter, beating 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 firm had revenue of $116.47 million during 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. As a group, equities analysts forecast that Lincoln Educational Services will post 0.54 earnings per share for the current fiscal year.

Insider Activity

In other news, COO Chad D. Nyce sold 6,200 shares of the business's stock in a transaction on Friday, June 6th. The shares were 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 of the company's stock, valued at approximately $3,902,892.37. The trade was a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Lincoln Educational Services

A number of hedge funds have recently made changes to their positions in LINC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lincoln Educational Services by 3.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,235 shares of the company's stock worth $374,000 after acquiring an additional 578 shares during the last quarter. Empowered Funds LLC boosted its holdings in Lincoln Educational Services by 1.9% during the 1st quarter. Empowered Funds LLC now owns 47,648 shares of the company's stock valued at $756,000 after acquiring an additional 879 shares during the period. Informed Momentum Co LLC boosted its holdings in Lincoln Educational Services by 1.9% during the 1st quarter. Informed Momentum Co LLC now owns 48,920 shares of the company's stock valued at $776,000 after acquiring an additional 915 shares during the period. McIlrath & Eck LLC lifted its holdings in shares of Lincoln Educational Services by 156.4% in the 4th quarter. McIlrath & Eck LLC now owns 2,267 shares of the company's stock worth $36,000 after buying an additional 1,383 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in shares of Lincoln Educational Services by 20.3% in the 1st quarter. Parallel Advisors LLC now owns 8,878 shares of the company's stock worth $141,000 after buying an additional 1,500 shares during the period. 72.23% of the stock is currently owned by hedge funds and other institutional investors.

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.