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

Key Points

• Lincoln Educational Services' stock price surpassed its 200-day moving average, trading as high as $21.76 with shares last at $21.29.
• Analysts have provided a largely positive outlook, with an average rating of "Moderate Buy" and a price target of $25.00.
• The company reported better-than-expected quarterly earnings of $0.09 per share, exceeding estimates by $0.05, with a revenue of $116.47 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 $20.64 and traded as high as $21.76. Lincoln Educational Services shares last traded at $21.29, with a volume of 195,978 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Barrington Research reissued an "outperform" rating and set a $25.00 price target on shares of Lincoln Educational Services in a research note on Tuesday, September 23rd. Weiss Ratings reiterated a "hold (c+)" rating on shares of Lincoln Educational Services in a research note on Wednesday. Zacks Research upgraded Lincoln Educational Services to a "hold" rating in a research note on Friday, August 8th. Finally, Rosenblatt Securities upped 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. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Lincoln Educational Services currently has an average rating of "Moderate Buy" and an average price target of $25.00.

Lincoln Educational Services Stock Down 1.0%

The company has a market capitalization of $673.19 million, a PE ratio of 46.28, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24. 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 50-day moving average of $20.90 and a two-hundred day moving average of $20.64.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.05. The company had revenue of $116.47 million during the quarter, compared to analyst estimates of $113.96 million. Lincoln Educational Services had a return on equity of 11.20% and a net margin of 3.05%. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. Equities research analysts predict that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LINC. GAMMA Investing LLC grew its position in Lincoln Educational Services by 1,952.6% in the first quarter. GAMMA Investing LLC now owns 11,823 shares of the company's stock worth $188,000 after acquiring an additional 11,247 shares during the period. Pullen Investment Management LLC boosted its position in shares of Lincoln Educational Services by 1.4% during the first quarter. Pullen Investment Management LLC now owns 212,715 shares of the company's stock worth $3,376,000 after buying an additional 2,960 shares during the period. North Star Investment Management Corp. boosted its position 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 worth $1,687,000 after buying an additional 20,575 shares during the period. Calamos Advisors LLC boosted its position 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 worth $1,736,000 after buying an additional 17,740 shares during the period. Finally, Mackenzie Financial Corp purchased a new position in shares of Lincoln Educational Services during the first quarter worth $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.

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