Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $43.21 and last traded at $42.68, with a volume of 181881 shares. The stock had previously closed at $41.06.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on LINC. Barrington Research boosted their target price on shares of Lincoln Educational Services from $38.00 to $45.00 and gave the stock an “outperform” rating in a research note on Friday, March 20th. Griffin Securities set a $38.00 price objective on Lincoln Educational Services in a report on Tuesday, February 24th. Rosenblatt Securities increased their price objective on Lincoln Educational Services from $39.00 to $45.00 and gave the company a “buy” rating in a report on Friday, March 20th. B. Riley Financial increased their price objective on Lincoln Educational Services from $38.00 to $46.00 and gave the company a “buy” rating in a report on Friday, March 20th. Finally, Zacks Research downgraded Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $43.67.
Read Our Latest Report on Lincoln Educational Services
Lincoln Educational Services Stock Down 2.0%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last posted its quarterly earnings data on Monday, February 23rd. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. The business had revenue of $142.87 million during the quarter, compared to the consensus estimate of $131.70 million. Lincoln Educational Services had a return on equity of 15.24% and a net margin of 3.86%.Lincoln Educational Services has set its FY 2026 guidance at 0.640-0.740 EPS. Sell-side analysts anticipate that Lincoln Educational Services Corporation will post 0.71 earnings per share for the current year.
Insider Activity
In other Lincoln Educational Services news, Director Sylvia Jean Young sold 7,959 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $35.81, for a total transaction of $285,011.79. Following the sale, the director owned 12,697 shares of the company’s stock, valued at approximately $454,679.57. This represents a 38.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Juniper Investment Company, Ll sold 150,000 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $35.67, for a total transaction of $5,350,500.00. Following the sale, the insider directly owned 1,938,311 shares in the company, valued at $69,139,553.37. This trade represents a 7.18% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 458,665 shares of company stock worth $16,061,744. 12.80% of the stock is owned by insiders.
Institutional Trading of Lincoln Educational Services
Institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in shares of Lincoln Educational Services during the first quarter valued at about $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Lincoln Educational Services by 4.5% during 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 during the period. Empowered Funds LLC raised its holdings in shares of Lincoln Educational Services by 1.9% during the first 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 acquired a new position in shares of Lincoln Educational Services during the first quarter valued at about $48,000. Finally, Legal & General Group Plc raised its holdings in shares of Lincoln Educational Services by 156.1% during the second quarter. Legal & General Group Plc now owns 5,740 shares of the company’s stock valued at $132,000 after purchasing an additional 3,499 shares during the period. Institutional investors own 72.23% of the company’s stock.
Lincoln Educational Services Company Profile
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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