Lincoln Educational Services (NASDAQ:LINC) Hits New 52-Week High – Here’s Why

Shares of Lincoln Educational Services Corporation (NASDAQ:LINC) 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.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. B. Riley Financial upped their price target on shares of 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 report on Thursday, May 28th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $60.00 target price on shares of Lincoln Educational Services in a research note on Thursday, June 11th. Barrington Research increased their target price on Lincoln Educational Services from $45.00 to $56.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings downgraded Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 8th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $54.17.

Lincoln Educational Services Price Performance

The company has a market cap of $1.77 billion, a P/E ratio of 78.42, a PEG ratio of 4.61 and a beta of 0.79. The company has a fifty day moving average price of $47.91 and a two-hundred day moving average price of $37.84. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.80 and a current ratio of 0.83.

Lincoln Educational Services (NASDAQ:LINC) last released its earnings results on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.10. The business had revenue of $143.96 million for the quarter, compared to analyst estimates 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, sell-side analysts anticipate 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 Kevin M. Carney sold 3,000 shares of the stock in a transaction that occurred 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 completion of the sale, the director owned 25,039 shares of the company’s stock, valued at approximately $1,201,872. This represents a 10.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Alexandra M. Luster sold 18,007 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $44.64, for a total transaction of $803,832.48. Following the transaction, the senior vice president owned 82,356 shares in the company, valued at approximately $3,676,371.84. The trade was a 17.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 95,070 shares of company stock worth $4,617,457. 12.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Lincoln Educational Services

Hedge funds have recently bought and sold shares of the company. Pillsbury Lake Capital LLC acquired a new position in shares of Lincoln Educational Services during the 4th quarter worth approximately $17,028,000. Cannell Capital LLC lifted its holdings in Lincoln Educational Services by 248.6% during the 3rd quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock valued at $13,548,000 after purchasing an additional 411,111 shares during the last quarter. Alyeska Investment Group L.P. boosted its position in Lincoln Educational Services by 26.1% during the third quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock worth $34,066,000 after purchasing an additional 300,000 shares during the period. Needham Investment Management LLC boosted its position in Lincoln Educational Services by 30.1% during the fourth quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock worth $27,169,000 after purchasing an additional 260,000 shares during the period. Finally, Wasatch Advisors LP increased its holdings in shares of Lincoln Educational Services by 22.1% in the second quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company’s stock valued at $25,703,000 after purchasing an additional 202,170 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

About Lincoln Educational Services

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.