Lincoln Educational Services (NASDAQ:LINC) Stock Crosses Above 200 Day Moving Average - Should You Sell?

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) 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

LINC has been the topic of several recent analyst reports. 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 note on Tuesday, May 13th. 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 note on Monday, May 12th. Zacks Research raised Lincoln Educational Services to a "hold" rating in a research note on Friday, August 8th. Rosenblatt Securities raised their target price on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a "buy" rating in a research note on Tuesday, August 12th. Finally, B. Riley reissued a "buy" rating on shares of Lincoln Educational Services in a research note on Tuesday, May 13th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $25.00.

Lincoln Educational Services Stock Down 0.5%

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 company's fifty day simple moving average is $22.05 and its 200 day simple moving average is $19.68. The firm has a market capitalization of $617.70 million, a PE ratio of 42.41, a price-to-earnings-growth ratio of 1.75 and a beta of 1.50.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The company reported $0.09 EPS for the quarter, topping the consensus estimate 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 business had revenue of $116.47 million during the quarter, compared to analyst estimates of $113.96 million. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. Analysts anticipate that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

Insider Activity at Lincoln Educational Services

In other news, Director Carlton Rose sold 30,000 shares of Lincoln Educational Services stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $23.63, for a total transaction of $708,900.00. Following the completion of the transaction, the director directly owned 15,295 shares in the company, valued at approximately $361,420.85. This trade represents a 66.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Chad D. Nyce sold 6,200 shares of Lincoln Educational Services stock in a transaction that occurred 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 transaction, the chief operating officer owned 170,209 shares of the company's stock, valued at $3,902,892.37. The trade was a 3.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. 13.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Lincoln Educational Services

Large investors have recently made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in shares of Lincoln Educational Services by 1,952.6% during the first quarter. GAMMA Investing LLC now owns 11,823 shares of the company's stock valued at $188,000 after purchasing an additional 11,247 shares during the last quarter. Millennium Management LLC purchased a new position in shares of Lincoln Educational Services during the fourth quarter valued at approximately $288,000. Calamos Advisors LLC lifted its holdings in shares of Lincoln Educational Services by 19.4% during the first quarter. Calamos Advisors LLC now owns 109,369 shares of the company's stock valued at $1,736,000 after purchasing an additional 17,740 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in shares of Lincoln Educational Services by 24.0% during the first quarter. North Star Investment Management Corp. now owns 106,275 shares of the company's stock valued at $1,687,000 after purchasing an additional 20,575 shares during the last quarter. Finally, Mackenzie Financial Corp purchased a new position in shares of Lincoln Educational Services during the first quarter valued at approximately $1,421,000. 72.23% of the stock is currently owned by hedge funds and other institutional investors.

About Lincoln Educational Services

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.