Lincoln Educational Services (NASDAQ:LINC) Director Kevin Carney Sells 3,000 Shares

Lincoln Educational Services Corporation (NASDAQ:LINC) Director Kevin Carney sold 3,000 shares of Lincoln Educational Services stock in a transaction dated Wednesday, June 10th. The stock was 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 trade represents a 10.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Lincoln Educational Services Stock Up 2.3%

Shares of NASDAQ LINC opened at $47.43 on Thursday. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 66.80, a price-to-earnings-growth ratio of 3.95 and a beta of 0.80. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.83 and a quick ratio of 0.80. The business has a 50-day moving average of $44.67 and a two-hundred day moving average of $34.14. Lincoln Educational Services Corporation has a 1 year low of $17.29 and a 1 year high of $53.50.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. The company had revenue of $143.96 million during the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services had a return on equity of 15.25% and a net margin of 4.11%.Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. On average, analysts forecast that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LINC shares. Northland Securities set a $60.00 target price on Lincoln Educational Services in a research report on Thursday, May 28th. Rosenblatt Securities boosted their price target on Lincoln Educational Services from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. B. Riley Financial boosted their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Barrington Research boosted their price target on Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Finally, Lake Street Capital restated a “buy” rating and issued a $55.00 price target on shares of Lincoln Educational Services in a research report on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.17.

Institutional Investors Weigh In On Lincoln Educational Services

A number of institutional investors have recently added to or reduced their stakes in LINC. Royal Bank of Canada boosted its holdings in Lincoln Educational Services by 246.7% in the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after purchasing an additional 1,093 shares in the last quarter. Strs Ohio purchased a new stake in Lincoln Educational Services in the 1st quarter valued at approximately $48,000. State of Wyoming purchased a new stake in shares of Lincoln Educational Services during the 3rd quarter worth approximately $54,000. EverSource Wealth Advisors LLC boosted its stake in shares of Lincoln Educational Services by 383.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock worth $99,000 after acquiring an additional 1,932 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Lincoln Educational Services during the 2nd quarter worth approximately $116,000. Hedge funds and other 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.