Investment Analysts’ Recent Ratings Changes for Lincoln Educational Services (LINC)

A number of research firms have changed their ratings and price targets for Lincoln Educational Services (NASDAQ: LINC):

• 5/8/2024 – Lincoln Educational Services was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 5/7/2024 – Lincoln Educational Services had its price target raised by analysts at B. Riley from $14.00 to $15.00. They now have a “buy” rating on the stock.
• 5/7/2024 – Lincoln Educational Services had its price target raised by analysts at Lake Street Capital from $14.00 to $15.00. They now have a “buy” rating on the stock.
• 5/6/2024 – Lincoln Educational Services had its price target raised by analysts at Barrington Research from $13.00 to $14.00. They now have an “outperform” rating on the stock.
• 4/29/2024 – Lincoln Educational Services had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $13.50 price target on the stock.

Lincoln Educational Services Stock Performance

Shares of NASDAQ LINC opened at $11.75 on Friday. The firm has a market cap of $369.42 million, a price-to-earnings ratio of 13.82, a P/E/G ratio of 1.65 and a beta of 1.33. Lincoln Educational Services Co. has a one year low of $5.99 and a one year high of $13.05. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.98 and a quick ratio of 1.94. The stock’s fifty day moving average price is $10.68 and its two-hundred day moving average price is $9.98.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. The business had revenue of $102.52 million for the quarter, compared to analysts’ expectations of $97.78 million. Lincoln Educational Services had a return on equity of 9.79% and a net margin of 6.57%. During the same quarter in the prior year, the firm posted $0.32 EPS. On average, equities analysts forecast that Lincoln Educational Services Co. will post 0.48 EPS for the current year.

Insiders Place Their Bets

In other news, major shareholder Juniper Investment Company, Ll sold 286,997 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $9.97, for a total transaction of $2,861,360.09. Following the transaction, the insider now directly owns 996,811 shares in the company, valued at approximately $9,938,205.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Chad D. Nyce sold 26,000 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $10.02, for a total transaction of $260,520.00. Following the transaction, the executive vice president now directly owns 154,646 shares in the company, valued at approximately $1,549,552.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Juniper Investment Company, Ll sold 286,997 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $9.97, for a total value of $2,861,360.09. Following the transaction, the insider now owns 996,811 shares in the company, valued at $9,938,205.67. The disclosure for this sale can be found here. Insiders have sold 583,692 shares of company stock worth $5,858,793 in the last ninety days. 16.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lincoln Educational Services

Institutional investors and hedge funds have recently bought and sold shares of the stock. AJOVista LLC bought a new position in Lincoln Educational Services during the 4th quarter worth approximately $67,000. Allspring Global Investments Holdings LLC bought a new position in Lincoln Educational Services during the 3rd quarter worth approximately $65,000. New York State Common Retirement Fund grew its position in Lincoln Educational Services by 1,513.5% during the 4th quarter. New York State Common Retirement Fund now owns 8,600 shares of the company’s stock worth $86,000 after acquiring an additional 8,067 shares during the last quarter. BNP Paribas Financial Markets grew its position in Lincoln Educational Services by 60.2% during the 1st quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock worth $116,000 after acquiring an additional 4,217 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Lincoln Educational Services by 31.1% in the 4th quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock worth $135,000 after buying an additional 3,182 shares during the period. 72.23% of the stock is currently owned by institutional investors.

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.