Lincoln Educational Services (NASDAQ:LINC) Trading Down 3.4% – Here’s Why

Lincoln Educational Services Corporation (NASDAQ:LINCGet Free Report)’s stock price was down 3.4% on Friday . The stock traded as low as $25.25 and last traded at $25.28. Approximately 75,975 shares traded hands during trading, a decline of 87% from the average session volume of 574,475 shares. The stock had previously closed at $26.16.

Analyst Ratings Changes

LINC has been the topic of a number of research analyst reports. Barrington Research set a $50.00 price target on shares of Lincoln Educational Services in a report on Monday, August 10th. Lake Street Capital decreased their price objective on Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. B. Riley Financial upped their price target on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Rosenblatt Securities reduced their price objective on shares of Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Finally, Northland Securities set a $60.00 target price on Lincoln Educational Services in a research note on Thursday, May 28th. Four research 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, Lincoln Educational Services presently has an average rating of “Moderate Buy” and a consensus target price of $50.67.

Read Our Latest Research Report on LINC

Lincoln Educational Services Stock Performance

The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.92 and a current ratio of 0.96. The stock has a market cap of $834.58 million, a PE ratio of 36.54, a price-to-earnings-growth ratio of 2.25 and a beta of 0.83. The firm has a fifty day moving average price of $43.50 and a 200 day moving average price of $41.20.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.06 EPS for the quarter. The firm had revenue of $142.56 million during the quarter, compared to analyst estimates of $139.49 million. Lincoln Educational Services had a net margin of 3.99% and a return on equity of 14.47%. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Research analysts forecast that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Kevin M. Carney sold 3,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total value of $144,000.00. Following the sale, the director directly owned 25,039 shares of the company’s stock, valued at $1,201,872. This represents a 10.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Alexandra M. Luster sold 18,007 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $44.64, for a total transaction of $803,832.48. Following the completion of the sale, the senior vice president directly owned 82,356 shares in the company, valued at $3,676,371.84. This trade represents a 17.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 23,000 shares of company stock worth $1,047,702. 12.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC purchased a new position in shares of Lincoln Educational Services during the 2nd quarter valued at about $32,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Lincoln Educational Services in the second quarter worth about $40,000. Royal Bank of Canada grew its holdings in Lincoln Educational Services by 246.7% during the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after acquiring an additional 1,093 shares during the period. Freestone Grove Partners LP acquired a new stake in Lincoln Educational Services during the second quarter worth about $88,000. Finally, EverSource Wealth Advisors LLC raised its position in Lincoln Educational Services by 383.3% during the first quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock valued at $99,000 after acquiring an additional 1,932 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Educational Services Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Lincoln Educational Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services and related companies with MarketBeat.com's FREE daily email newsletter.