Shares of Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) were down 4.3% during trading on Monday . The stock traded as low as $23.78 and last traded at $24.29. 56,894 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 603,927 shares. The stock had previously closed at $25.37.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the company. Lake Street Capital cut their price objective on Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Weiss Ratings cut shares of Lincoln Educational Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, September 2nd. Northland Securities set a $60.00 price target on shares of Lincoln Educational Services in a research note on Thursday, May 28th. Barrington Research set a $50.00 price objective on shares of Lincoln Educational Services in a research note on Monday, August 10th. Finally, Rosenblatt Securities reduced their target price on shares of Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Lincoln Educational Services currently has a consensus rating of “Moderate Buy” and an average target price of $50.67.
View Our Latest Research Report on LINC
Lincoln Educational Services Trading Down 3.2%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter. Lincoln Educational Services had a net margin of 3.99% and a return on equity of 14.47%. The firm had revenue of $142.56 million during the quarter, compared to analysts’ expectations of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, sell-side analysts forecast that Lincoln Educational Services Corporation will post 0.77 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in Lincoln Educational Services during the 2nd quarter worth about $123,906,000. Nicholas Investment Partners LP bought a new position in Lincoln Educational Services in the second quarter worth approximately $26,544,000. Pillsbury Lake Capital LLC purchased a new stake in Lincoln Educational Services during the second quarter worth $17,773,731. Needham Investment Management LLC boosted its position in Lincoln Educational Services by 30.1% during the 4th quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock valued at $27,169,000 after acquiring an additional 260,000 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. bought a new stake in Lincoln Educational Services during the 2nd quarter valued at $10,007,000. 72.23% of the stock is currently owned by hedge funds and other institutional investors.
Lincoln Educational Services Company Profile
Lincoln Educational Services Corporation, operating primarily under the Lincoln Tech brand, is a provider of career-oriented postsecondary education in the United States. The company offers hands-on training designed to prepare students for employment in technical and skilled-trade occupations, as well as selected healthcare and business-related fields.
Its programs include automotive technology, diesel and heavy equipment, electrical and electronics, HVAC, welding, manufacturing, healthcare, information technology, and other vocational disciplines.
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