Lincoln Educational Services Corporation (NASDAQ:LINC) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Lincoln Educational Services Corporation (NASDAQ:LINC) have earned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $25.00.

LINC has been the subject of a number of recent research reports. Zacks Research upgraded shares of Lincoln Educational Services to a “hold” rating in a research note on Friday, August 8th. Rosenblatt Securities lifted their price objective on shares of Lincoln Educational Services from $25.00 to $27.00 and gave the company a “buy” rating in a report on Tuesday, August 12th. Wall Street Zen raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Lincoln Educational Services in a research report on Wednesday, October 8th. Finally, Barrington Research reiterated an “outperform” rating and set a $25.00 price target on shares of Lincoln Educational Services in a research note on Tuesday.

Institutional Investors Weigh In On Lincoln Educational Services

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue bought a new position in Lincoln Educational Services during the 3rd quarter valued at $35,000. Strs Ohio bought a new position in shares of Lincoln Educational Services during the first quarter valued at about $48,000. Stanley Laman Group Ltd. bought a new position in shares of Lincoln Educational Services during the third quarter valued at about $49,000. State of Wyoming purchased a new position in Lincoln Educational Services during the third quarter worth about $54,000. Finally, McIlrath & Eck LLC grew its position in Lincoln Educational Services by 24.2% in the 3rd quarter. McIlrath & Eck LLC now owns 2,815 shares of the company’s stock worth $66,000 after purchasing an additional 548 shares in the last quarter. 72.23% of the stock is owned by hedge funds and other institutional investors.

Lincoln Educational Services Stock Performance

Shares of Lincoln Educational Services stock opened at $20.86 on Monday. The business has a 50-day simple moving average of $21.24 and a 200 day simple moving average of $21.43. Lincoln Educational Services has a one year low of $14.10 and a one year high of $25.76. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.90 and a quick ratio of 0.85. The firm has a market capitalization of $659.55 million, a price-to-earnings ratio of 45.35, a PEG ratio of 1.85 and a beta of 1.18.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.08. Lincoln Educational Services had a return on equity of 11.20% and a net margin of 3.05%.The firm had revenue of $141.39 million during the quarter, compared to analysts’ expectations of $129.85 million. Lincoln Educational Services has set its FY 2025 guidance at EPS. On average, research analysts anticipate that Lincoln Educational Services will post 0.54 earnings per share for the current fiscal year.

Lincoln Educational Services Company Profile

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.