Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) has received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $54.1667.
LINC has been the subject of several recent research reports. B. Riley Financial boosted their price target on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Barrington Research increased their price objective on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Northland Securities set a $60.00 price objective on shares of Lincoln Educational Services in a report on Thursday, May 28th. Weiss Ratings downgraded shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 8th. Finally, Lake Street Capital restated a “buy” rating and set a $55.00 target price on shares of Lincoln Educational Services in a report on Tuesday, May 12th.
Read Our Latest Research Report on Lincoln Educational Services
Lincoln Educational Services Stock Performance
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. The company had revenue of $143.96 million during the quarter, compared to analyst estimates of $135.66 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, equities research analysts forecast that Lincoln Educational Services will post 0.78 EPS for the current fiscal year.
Insider Buying and Selling
In other news, CFO Brian K. Meyers sold 40,070 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $49.98, for a total value of $2,002,698.60. Following the completion of the transaction, the chief financial officer directly owned 160,712 shares of the company’s stock, valued at approximately $8,032,385.76. The trade was a 19.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Kevin M. Carney sold 3,000 shares of the business’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $48.00, for a total value of $144,000.00. Following the completion of the transaction, the director directly owned 25,039 shares of the company’s stock, valued at approximately $1,201,872. The trade was a 10.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 95,070 shares of company stock valued at $4,617,457. 12.80% of the stock is owned by insiders.
Hedge Funds Weigh In On Lincoln Educational Services
A number of large investors have recently added to or reduced their stakes in LINC. Pillsbury Lake Capital LLC purchased a new stake in shares of Lincoln Educational Services during the fourth quarter valued at about $17,028,000. Alyeska Investment Group L.P. boosted its holdings in shares of Lincoln Educational Services by 26.1% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock valued at $34,066,000 after buying an additional 300,000 shares in the last quarter. Needham Investment Management LLC grew its position in shares of Lincoln Educational Services by 30.1% in the 4th quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock worth $27,169,000 after buying an additional 260,000 shares during the last quarter. Wasatch Advisors LP grew its position 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 worth $25,703,000 after buying an additional 202,170 shares during the last quarter. Finally, Millennium Management LLC grew its position in shares of Lincoln Educational Services by 1,084.2% in the 4th quarter. Millennium Management LLC now owns 208,912 shares of the company’s stock worth $5,045,000 after buying an additional 191,270 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors.
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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