Lincoln Educational Services (NASDAQ:LINC) Sees Unusually-High 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.

Lincoln Educational Services Corporation (NASDAQ:LINC - Get Free Report) saw unusually-high trading volume on Monday . Approximately 328,330 shares changed 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 a number of analyst reports. Zacks Research upgraded Lincoln Educational Services to a "hold" rating in a research report on Friday, August 8th. Rosenblatt Securities increased their price objective on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a "buy" rating in a research report on Tuesday, August 12th. One research 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $25.00.

Lincoln Educational Services Stock Up 5.2%

The company has a debt-to-equity ratio of 0.24, a current ratio of 0.90 and a quick ratio of 0.85. The business has a 50 day simple moving average of $21.17 and a 200 day simple moving average of $19.85. The company has a market capitalization of $654.22 million, a price-to-earnings ratio of 44.98, a PEG ratio of 1.74 and a beta of 1.31.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates 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 company had revenue of $116.47 million for 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. As a group, equities analysts predict that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LINC. Price T Rowe Associates Inc. MD acquired a new position in Lincoln Educational Services during the fourth quarter worth $171,000. Northern Trust Corp raised its stake in shares of Lincoln Educational Services by 6.7% in the fourth quarter. Northern Trust Corp now owns 236,988 shares of the company's stock valued at $3,749,000 after acquiring an additional 14,877 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Lincoln Educational Services by 27.1% in the fourth quarter. Ameriprise Financial Inc. now owns 47,359 shares of the company's stock valued at $749,000 after acquiring an additional 10,108 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Lincoln Educational Services by 19.5% in the fourth quarter. Bank of America Corp DE now owns 42,747 shares of the company's stock valued at $676,000 after acquiring an additional 6,962 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Lincoln Educational Services by 4.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,976 shares of the company's stock valued at $237,000 after acquiring an additional 643 shares in the last quarter. 72.23% of the stock is currently 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.

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