Lincoln Educational Services Corporation (NASDAQ:LINC - Get Free Report) Director Michael Plater sold 17,256 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $35.73, for a total value of $616,556.88. Following the transaction, the director directly owned 17,568 shares in the company, valued at $627,704.64. This trade represents a 49.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Lincoln Educational Services Stock Performance
Shares of LINC stock opened at $36.83 on Tuesday. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 58.46, a PEG ratio of 3.45 and a beta of 0.91. The stock has a fifty day moving average of $27.33 and a 200 day moving average of $23.28. Lincoln Educational Services Corporation has a 52 week low of $14.10 and a 52 week high of $37.31. The company has a quick ratio of 0.82, a current ratio of 0.86 and a debt-to-equity ratio of 0.15.
Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.42 by $0.08. Lincoln Educational Services had a net margin of 3.86% and a return on equity of 15.24%. The business had revenue of $142.87 million during the quarter, compared to analyst estimates of $131.70 million. Lincoln Educational Services has set its FY 2026 guidance at 0.640-0.740 EPS. As a group, research analysts expect that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current year.
Analyst Ratings Changes
Several analysts have weighed in on the company. Wall Street Zen cut Lincoln Educational Services from a "buy" rating to a "hold" rating in a research report on Monday, February 23rd. Rosenblatt Securities lifted their price target on Lincoln Educational Services from $27.00 to $39.00 and gave the company a "buy" rating in a research report on Monday, February 23rd. Barrington Research set a $38.00 price objective on Lincoln Educational Services in a report on Monday, February 23rd. Zacks Research cut shares of Lincoln Educational Services from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 10th. Finally, B. Riley Financial upped their target price on shares of Lincoln Educational Services from $33.00 to $38.00 and gave the stock a "buy" rating in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Lincoln Educational Services currently has a consensus rating of "Moderate Buy" and an average target price of $37.33.
Get Our Latest Analysis on Lincoln Educational Services
Institutional Investors Weigh In On Lincoln Educational Services
Several hedge funds have recently added to or reduced their stakes in LINC. Invesco Ltd. grew its stake in shares of Lincoln Educational Services by 275.0% in the fourth quarter. Invesco Ltd. now owns 178,892 shares of the company's stock worth $4,320,000 after acquiring an additional 131,192 shares during the last quarter. Pillsbury Lake Capital LLC purchased a new position in shares of Lincoln Educational Services in the 4th quarter worth about $17,028,000. Wellington Management Group LLP boosted its stake in Lincoln Educational Services by 18.7% in the 4th quarter. Wellington Management Group LLP now owns 588,511 shares of the company's stock worth $14,213,000 after purchasing an additional 92,800 shares in the last quarter. Millennium Management LLC grew its position in Lincoln Educational Services by 1,084.2% during the 4th quarter. Millennium Management LLC now owns 208,912 shares of the company's stock valued at $5,045,000 after purchasing an additional 191,270 shares during the last quarter. Finally, Manatuck Hill Partners LLC increased its stake in Lincoln Educational Services by 63.2% during the 4th quarter. Manatuck Hill Partners LLC now owns 180,675 shares of the company's stock valued at $4,363,000 after purchasing an additional 70,000 shares in the last quarter. 72.23% of the stock is owned by institutional investors.
About Lincoln Educational Services
(
Get Free Report)
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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