Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 377,795 shares changed hands during mid-day trading, a decline of 24% from the previous session’s volume of 496,631 shares.The stock last traded at $39.2580 and had previously closed at $43.02.
Analysts Set New Price Targets
A number of research firms recently weighed in on LINC. Barrington Research raised their price target on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Lincoln Educational Services in a research report on Thursday, June 11th. B. Riley Financial increased their price objective on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Lake Street Capital reissued a “buy” rating and set a $55.00 target price on shares of Lincoln Educational Services in a research report on Tuesday, May 12th. Finally, Northland Securities set a $60.00 target price on Lincoln Educational Services in a research note on Thursday, May 28th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.17.
Check Out Our Latest Research Report on LINC
Lincoln Educational Services Stock Up 4.2%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. The business had revenue of $143.96 million during the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, analysts predict that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.
Insider Activity at Lincoln Educational Services
In other news, CFO Brian K. Meyers sold 40,070 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $49.98, for a total transaction of $2,002,698.60. Following the completion of the sale, the chief financial officer owned 160,712 shares in the company, valued at $8,032,385.76. This trade represents a 19.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James J. Burke, Jr. sold 16,000 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $49.54, for a total value of $792,640.00. Following the transaction, the director owned 60,005 shares of the company’s stock, valued at $2,972,647.70. The trade was a 21.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 95,070 shares of company stock valued at $4,617,457 over the last quarter. 12.80% of the stock is currently owned by insiders.
Institutional Trading of Lincoln Educational Services
Hedge funds and other institutional investors have recently modified their holdings of the business. AQR Capital Management LLC purchased a new stake in shares of Lincoln Educational Services during the first quarter worth $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Lincoln Educational Services by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,657 shares of the company’s stock valued at $248,000 after purchasing an additional 681 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Lincoln Educational Services by 1.9% during the 1st quarter. Empowered Funds LLC now owns 47,648 shares of the company’s stock valued at $756,000 after purchasing an additional 879 shares during the period. Strs Ohio bought a new stake in shares of Lincoln Educational Services during the 1st quarter valued at $48,000. Finally, Legal & General Group Plc lifted its holdings in Lincoln Educational Services by 156.1% during the 2nd quarter. Legal & General Group Plc now owns 5,740 shares of the company’s stock worth $132,000 after purchasing an additional 3,499 shares in the last quarter. Institutional investors own 72.23% of the company’s stock.
About Lincoln Educational Services
Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.
The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.
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