Lincoln Educational Services (NASDAQ:LINC) Sees Strong Trading Volume - Here's What Happened

Key Points

• Lincoln Educational Services experienced a significant increase in trading volume with approximately 328,330 shares traded on Monday, up by 21% from the previous session.
• The stock received a boost from analyst upgrades, with Rosenblatt Securities raising its price target to $27.00 and the consensus rating now at "Buy" with an average target price of $25.00.
• In its recent quarterly earnings, Lincoln Educational Services reported an EPS of $0.09, surpassing analysts' expectations of $0.04, with total revenue reaching $116.47 million.

Shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Get Free Report) saw unusually-high trading volume on Monday . Approximately 328,330 shares traded hands during mid-day trading, an increase of 21% from the previous session's volume of 270,986 shares.The stock last traded at $20.78 and had previously closed at $19.66.

Analysts Set New Price Targets

LINC has been the subject of several recent analyst reports. Rosenblatt Securities increased their price target on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a "buy" rating in a report on Tuesday, August 12th. Zacks Research upgraded Lincoln Educational Services to a "hold" rating in a report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Lincoln Educational Services has an average rating of "Buy" and an average price target of $25.00.

Lincoln Educational Services Stock Performance

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 firm has a market capitalization of $663.39 million, a P/E ratio of 45.61, a P/E/G ratio of 1.89 and a beta of 1.31. The stock has a fifty day moving average of $21.00 and a 200-day moving average of $19.93.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings results on Monday, August 11th. The company reported $0.09 EPS 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 analysts' expectations of $113.96 million. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. On average, research analysts anticipate that Lincoln Educational Services Corporation will post 0.54 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC boosted its position in Lincoln Educational Services by 1,081.1% during the second quarter. Tower Research Capital LLC TRC now owns 5,681 shares of the company's stock valued at $131,000 after purchasing an additional 5,200 shares during the last quarter. Cannell Capital LLC acquired a new position in Lincoln Educational Services during the second quarter valued at approximately $3,812,000. Wasatch Advisors LP boosted its position in Lincoln Educational Services by 22.1% during the second quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company's stock valued at $25,703,000 after purchasing an additional 202,170 shares during the last quarter. Tidal Investments LLC acquired a new stake in shares of Lincoln Educational Services in the second quarter valued at approximately $305,000. Finally, Militia Capital Partners LP lifted its position in shares of Lincoln Educational Services by 26.1% in the second quarter. Militia Capital Partners LP now owns 31,858 shares of the company's stock valued at $734,000 after buying an additional 6,600 shares during the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

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.