Lincoln Educational Services (NASDAQ:LINC – Get Free Report) had its price target upped by Rosenblatt Securities from $39.00 to $45.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Rosenblatt Securities’ price target would indicate a potential upside of 17.49% from the stock’s current price.
LINC has been the topic of a number of other reports. Northland Securities set a $36.00 target price on shares of Lincoln Educational Services in a research note on Tuesday, February 24th. Barrington Research set a $38.00 target price on Lincoln Educational Services in a research report on Monday, February 23rd. Griffin Securities set a $38.00 price target on Lincoln Educational Services in a research note on Tuesday, February 24th. Zacks Research cut shares of Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Wall Street Zen cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $38.33.
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Lincoln Educational Services Price Performance
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last announced its quarterly earnings results on Monday, February 23rd. The company reported $0.50 earnings per share for the quarter, beating 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 firm had revenue of $142.87 million for the quarter, compared to analysts’ expectations of $131.70 million. Lincoln Educational Services has set its FY 2026 guidance at 0.640-0.740 EPS. Equities research analysts expect that Lincoln Educational Services will post 0.54 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, COO Chad D. Nyce sold 8,450 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $36.50, for a total transaction of $308,425.00. Following the sale, the chief operating officer owned 174,206 shares of the company’s stock, valued at approximately $6,358,519. This trade represents a 4.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sylvia Jean Young sold 7,959 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $35.81, for a total transaction of $285,011.79. Following the sale, the director owned 12,697 shares of the company’s stock, valued at $454,679.57. This represents a 38.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 458,665 shares of company stock worth $16,061,744. 13.60% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Lincoln Educational Services
Hedge funds and other institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue purchased a new position in shares of Lincoln Educational Services during the third quarter worth about $35,000. Royal Bank of Canada lifted its holdings in shares of Lincoln Educational Services by 246.7% in the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after purchasing an additional 1,093 shares during the last quarter. Stanley Laman Group Ltd. acquired a new stake in shares of Lincoln Educational Services in the 3rd quarter valued at about $49,000. State of Wyoming purchased a new position in Lincoln Educational Services during the 3rd quarter worth approximately $54,000. Finally, McIlrath & Eck LLC grew its stake in Lincoln Educational Services by 24.2% during the 3rd quarter. McIlrath & Eck LLC now owns 2,815 shares of the company’s stock worth $66,000 after buying an additional 548 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.
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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