Lincoln Educational Services (NASDAQ:LINC - Get Free Report) released its quarterly earnings results on Monday. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.07, Zacks reports. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. The firm had revenue of $117.51 million during the quarter, compared to analyst estimates of $114.55 million. Lincoln Educational Services updated its FY 2025 guidance to EPS.
Lincoln Educational Services Price Performance
LINC stock traded up $0.48 during mid-day trading on Friday, reaching $21.69. 374,294 shares of the company traded hands, compared to its average volume of 158,953. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. The company has a market capitalization of $685.25 million, a P/E ratio of 67.78, a P/E/G ratio of 1.70 and a beta of 1.63. Lincoln Educational Services has a 52-week low of $10.06 and a 52-week high of $22.27. The company has a fifty day moving average price of $17.10 and a 200-day moving average price of $16.44.
Insider Buying and Selling at Lincoln Educational Services
In other Lincoln Educational Services news, Director James J. Burke, Jr. sold 5,000 shares of the business's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $21.42, for a total value of $107,100.00. Following the completion of the sale, the director now owns 82,230 shares in the company, valued at approximately $1,761,366.60. The trade was a 5.73% 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. Insiders own 13.60% of the company's stock.
Hedge Funds Weigh In On Lincoln Educational Services
Hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC purchased a new stake in Lincoln Educational Services in the first quarter worth $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Lincoln Educational Services by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,657 shares of the company's stock valued at $248,000 after purchasing an additional 681 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Lincoln Educational Services by 1.9% during the first quarter. Empowered Funds LLC now owns 47,648 shares of the company's stock valued at $756,000 after purchasing an additional 879 shares in the last quarter. Institutional investors own 72.23% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on LINC. Lake Street Capital increased their target price on shares of Lincoln Educational Services from $21.00 to $26.00 and gave the stock a "buy" rating in a research note on Tuesday. B. Riley reissued a "buy" rating on shares of Lincoln Educational Services in a research report on Tuesday. Rosenblatt Securities raised their target price on Lincoln Educational Services from $24.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday. Barrington Research upped their price target on Lincoln Educational Services from $22.00 to $25.00 and gave the stock an "outperform" rating in a research note on Monday, May 12th. Finally, Northland Capmk upgraded Lincoln Educational Services to a "strong-buy" rating in a report on Thursday, April 24th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Lincoln Educational Services has an average rating of "Buy" and an average target price of $24.60.
Get Our Latest Stock Analysis on Lincoln Educational Services
About Lincoln Educational Services
(
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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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