Shares of Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $40.99, but opened at $32.58. Lincoln Educational Services shares last traded at $33.0350, with a volume of 451,672 shares changing hands.
Analyst Ratings Changes
A number of research analysts have recently issued reports on LINC shares. B. Riley Financial boosted their target price on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Northland Securities set a $60.00 price objective on shares of Lincoln Educational Services in a research note on Thursday, May 28th. Rosenblatt Securities restated a “buy” rating and issued a $60.00 target price on shares of Lincoln Educational Services in a research note on Thursday, June 11th. Lake Street Capital reaffirmed a “buy” rating and issued a $55.00 target price on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Finally, Barrington Research boosted 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 note on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Lincoln Educational Services has a consensus rating of “Moderate Buy” and a consensus price target of $54.17.
Check Out Our Latest Report on LINC
Lincoln Educational Services Stock Performance
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.06 EPS for the quarter. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. 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 EPS for the current year.
Insider Transactions at Lincoln Educational Services
In related news, Director James J. Burke, Jr. sold 15,807 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $48.36, for a total value of $764,426.52. Following the sale, the director owned 44,198 shares in the company, valued at $2,137,415.28. This represents a 26.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 directly owned 25,039 shares of the company’s stock, valued at approximately $1,201,872. This represents a 10.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 95,070 shares of company stock worth $4,617,457 over the last quarter. Insiders own 12.80% of the company’s stock.
Hedge Funds Weigh In On Lincoln Educational Services
Hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC acquired a new stake in Lincoln Educational Services during the 2nd quarter valued at $32,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Lincoln Educational Services in the second quarter valued at $40,000. Royal Bank of Canada boosted its stake in shares of Lincoln Educational Services by 246.7% during the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after acquiring an additional 1,093 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in 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 purchasing an additional 1,932 shares in the last quarter. Finally, Strs Ohio acquired a new position in Lincoln Educational Services in the 1st quarter valued at about $48,000. 72.23% of the stock is currently owned by hedge funds and other institutional investors.
Lincoln Educational Services Company Profile
Lincoln Educational Services Corporation 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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