Rosenblatt Securities Issues Positive Forecast for Lincoln Educational Services (NASDAQ:LINC) Stock Price

Key Points

• Rosenblatt Securities increased its price target for Lincoln Educational Services from $25.00 to $27.00, indicating a potential upside of 36.92% from the current price.
• The stock has received multiple upgrades recently, with analysts generally rating it as a "buy", and one as a "strong buy".
• Insiders sold a total of 41,200 shares of Lincoln Educational Services stock in recent transactions, raising concerns about insider confidence.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) had its price objective lifted by analysts at Rosenblatt Securities from $25.00 to $27.00 in a research report issued on Tuesday, August 12th,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Rosenblatt Securities' price target would indicate a potential upside of 41.96% from the company's previous close.

A number of other analysts have also weighed in on the company. Northland Securities began coverage on Lincoln Educational Services in a research note on Thursday, April 24th. They issued an "outperform" rating and a $24.00 target price on the stock. B. Riley reiterated a "buy" rating on shares of Lincoln Educational Services in a research note on Tuesday, May 13th. Lake Street Capital increased 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 increased 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. Finally, Northland Capmk upgraded Lincoln Educational Services to a "strong-buy" rating in a research note on Thursday, April 24th. One 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 stock. According to MarketBeat.com, Lincoln Educational Services presently has an average rating of "Buy" and a consensus price target of $25.00.

Lincoln Educational Services Trading Down 0.5%

NASDAQ:LINC traded down $0.10 during midday trading on Tuesday, hitting $19.02. 257,522 shares of the company traded hands, compared to its average volume of 265,648. The firm's fifty day moving average is $22.40 and its 200-day moving average is $19.59. Lincoln Educational Services has a 12-month low of $11.29 and a 12-month high of $25.76. The firm has a market capitalization of $601.37 million, a P/E ratio of 41.36, a P/E/G ratio of 1.68 and a beta of 1.50. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 0.24.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The company reported $0.09 earnings per share 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 company had revenue of $116.47 million for 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. On average, sell-side analysts predict that Lincoln Educational Services will post 0.54 EPS for the current year.

Insider Transactions at Lincoln Educational Services

In related news, COO Chad D. Nyce sold 6,200 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $22.93, for a total transaction of $142,166.00. Following the sale, the chief operating officer owned 170,209 shares of the company's stock, valued at $3,902,892.37. This trade represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Carlton Rose sold 30,000 shares of the firm's stock in a transaction dated 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 directly owned 15,295 shares in the company, valued at approximately $361,420.85. The trade was a 66.23% decrease in their position. The disclosure for this sale can be found here. 13.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lincoln Educational Services

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Lincoln Educational Services by 5.4% during the first 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 holdings in Lincoln Educational Services by 43.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company's stock worth $17,768,000 after acquiring an additional 338,495 shares in the last quarter. Wasatch Advisors LP boosted its holdings in Lincoln Educational Services by 22.1% in the second quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company's stock worth $25,703,000 after acquiring an additional 202,170 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Lincoln Educational Services by 5.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,071,560 shares of the company's stock worth $16,952,000 after acquiring an additional 51,430 shares in the last quarter. Finally, Next Century Growth Investors LLC boosted its holdings in Lincoln Educational Services by 11.3% in the first quarter. Next Century Growth Investors LLC now owns 738,923 shares of the company's stock worth $11,727,000 after acquiring an additional 74,775 shares in the last quarter. Institutional investors 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.