Lincoln Educational Services (NASDAQ:LINC) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Lincoln Educational Services stock price exceeded its 200-day moving average, reaching $20.43 during trading, with shares last trading at $20.13.
• Recent analyst ratings reflect strong confidence, with one analyst rating the stock as a Strong Buy, five as Buy, and a consensus target price of $25.00.
• The company's quarterly earnings report showed an EPS of $0.09, outperforming analysts' expectations, alongside a revenue of $116.47 million compared to an estimated $113.96 million.

Lincoln Educational Services Corporation (NASDAQ:LINC - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.64 and traded as high as $20.43. Lincoln Educational Services shares last traded at $20.13, with a volume of 299,782 shares.

Analyst Ratings Changes

Several brokerages have recently issued reports on LINC. B. Riley restated a "buy" rating on shares of Lincoln Educational Services in a research note on Tuesday, May 13th. Lake Street Capital raised their price objective 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, May 13th. Rosenblatt Securities raised their price objective on shares of Lincoln Educational Services from $25.00 to $27.00 and gave the stock a "buy" rating in a research note on Tuesday, August 12th. Barrington Research raised their price objective on shares of 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, Zacks Research upgraded shares of Lincoln Educational Services to a "hold" rating in a research note 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 given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $25.00.

Lincoln Educational Services Price Performance

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 stock's 50 day simple moving average is $22.22 and its two-hundred day simple moving average is $19.64. The stock has a market cap of $636.51 million, a price-to-earnings ratio of 43.76, a P/E/G ratio of 1.76 and a beta of 1.50.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.05. Lincoln Educational Services had a net margin of 3.05% and a return on equity of 11.20%. The firm had revenue of $116.47 million for 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. On average, analysts forecast that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Carlton Rose sold 30,000 shares of the business's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $23.63, for a total value of $708,900.00. Following the sale, the director owned 15,295 shares in the company, valued at approximately $361,420.85. The trade was a 66.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $142,166.00. Following the completion of the sale, the chief operating officer owned 170,209 shares in the company, valued at $3,902,892.37. This represents a 3.51% decrease in their position. The disclosure for this sale can be found here. 13.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Lincoln Educational Services

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Lincoln Educational Services by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 1,494,714 shares of the company's stock valued at $23,721,000 after purchasing an additional 75,989 shares in the last quarter. Alyeska Investment Group L.P. boosted its stake in shares of Lincoln Educational Services by 43.1% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company's stock valued at $17,768,000 after purchasing an additional 338,495 shares in the last quarter. Wasatch Advisors LP boosted its stake in shares of Lincoln Educational Services by 22.1% in the 2nd 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Lincoln Educational Services by 5.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,071,560 shares of the company's stock valued at $16,952,000 after purchasing an additional 51,430 shares in the last quarter. Finally, Next Century Growth Investors LLC boosted its stake in shares of Lincoln Educational Services by 11.3% in the 1st quarter. Next Century Growth Investors LLC now owns 738,923 shares of the company's stock valued at $11,727,000 after purchasing an additional 74,775 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company's stock.

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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