Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report)’s share price traded down 3.4% on Friday . The stock traded as low as $25.25 and last traded at $25.28. 75,975 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 574,475 shares. The stock had previously closed at $26.16.
Analysts Set New Price Targets
LINC has been the topic of several recent analyst reports. Lake Street Capital reduced their price objective on shares of Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Northland Securities set a $60.00 target price on shares of Lincoln Educational Services in a research report on Thursday, May 28th. Barrington Research set a $50.00 target price on shares of Lincoln Educational Services in a research note on Monday, August 10th. Rosenblatt Securities reduced their price target on shares of Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Finally, Weiss Ratings cut shares of Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $50.67.
Read Our Latest Analysis on Lincoln Educational Services
Lincoln Educational Services Trading Up 0.6%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter. Lincoln Educational Services had a return on equity of 14.47% and a net margin of 3.99%.The firm had revenue of $142.56 million during the quarter, compared to the consensus estimate of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. On average, equities research analysts expect that Lincoln Educational Services Corporation will post 0.78 EPS for the current fiscal year.
Insider Buying and Selling at Lincoln Educational Services
In other Lincoln Educational Services news, SVP Alexandra M. Luster sold 18,007 shares of Lincoln Educational Services stock in a transaction on Monday, June 15th. The shares were sold at an average price of $44.64, for a total value of $803,832.48. Following the completion of the transaction, the senior vice president directly owned 82,356 shares of the company’s stock, valued at $3,676,371.84. This trade represents a 17.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 transaction of $144,000.00. Following the completion of the transaction, the director directly owned 25,039 shares of the company’s stock, valued at $1,201,872. The trade was a 10.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 23,000 shares of company stock valued at $1,047,702 in the last quarter. 12.80% of the stock is owned by company insiders.
Institutional Investors Weigh In On Lincoln Educational Services
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC purchased a new position in shares of Lincoln Educational Services in the 2nd quarter worth approximately $32,000. Royal Bank of Canada lifted its stake in Lincoln Educational Services by 246.7% in the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after purchasing an additional 1,093 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Lincoln Educational Services in the second quarter worth approximately $40,000. Strs Ohio bought a new stake in shares of Lincoln Educational Services during the 1st quarter worth approximately $48,000. Finally, Freestone Grove Partners LP purchased a new position in Lincoln Educational Services during the 2nd quarter valued at $88,000. 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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