Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $53.79 and last traded at $54.1850, with a volume of 42665 shares. The stock had previously closed at $52.33.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on LINC shares. Northland Securities set a $60.00 price objective on shares of Lincoln Educational Services in a research report on Thursday, May 28th. Weiss Ratings lowered shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 8th. Rosenblatt Securities reissued a “buy” rating and set a $60.00 target price on shares of Lincoln Educational Services in a research note on Thursday, June 11th. Barrington Research upped their price target on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $55.00 price target on shares of Lincoln Educational Services in a research note on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $54.17.
Lincoln Educational Services Trading Up 2.7%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.04 by $0.10. Lincoln Educational Services had a return on equity of 15.25% and a net margin of 4.11%.The firm had revenue of $143.96 million during the quarter, compared to analysts’ expectations of $135.66 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, 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 James J. Burke, Jr. sold 15,807 shares of Lincoln Educational Services stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $48.36, for a total transaction of $764,426.52. Following the transaction, the director owned 44,198 shares in the company, valued at $2,137,415.28. The trade was a 26.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kevin M. Carney sold 3,000 shares of Lincoln Educational Services stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $48.00, for a total value of $144,000.00. Following the transaction, the director owned 25,039 shares in the company, valued at approximately $1,201,872. This represents a 10.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 95,070 shares of company stock valued at $4,617,457 in the last quarter. Corporate insiders own 12.80% of the company’s stock.
Institutional Investors Weigh In On Lincoln Educational Services
Hedge funds have recently modified their holdings of the company. Next Century Growth Investors LLC raised its stake in Lincoln Educational Services by 4.1% during the fourth quarter. Next Century Growth Investors LLC now owns 791,271 shares of the company’s stock worth $19,109,000 after purchasing an additional 31,370 shares during the period. North Star Investment Management Corp. grew its stake in shares of Lincoln Educational Services by 17.4% in the 1st quarter. North Star Investment Management Corp. now owns 168,275 shares of the company’s stock valued at $6,845,000 after buying an additional 25,000 shares during the period. Boothbay Fund Management LLC increased its holdings in shares of Lincoln Educational Services by 87.3% during the 3rd quarter. Boothbay Fund Management LLC now owns 99,237 shares of the company’s stock worth $2,332,000 after buying an additional 46,268 shares during the last quarter. MYDA Advisors LLC acquired a new stake in shares of Lincoln Educational Services during the 4th quarter worth approximately $1,452,000. Finally, Manatuck Hill Partners LLC increased its holdings in shares of Lincoln Educational Services by 63.2% during the 4th quarter. Manatuck Hill Partners LLC now owns 180,675 shares of the company’s stock worth $4,363,000 after buying an additional 70,000 shares during the last quarter. 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.
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