Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) gapped down before the market opened 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.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on LINC. Weiss Ratings downgraded Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Lake Street Capital reiterated a “buy” rating and issued a $55.00 target price on shares of Lincoln Educational Services in a research note on Tuesday, May 12th. Northland Securities set a $60.00 target price on Lincoln Educational Services in a research report on Thursday, May 28th. B. Riley Financial raised their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Barrington Research upped their price objective on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Lincoln Educational Services currently has a consensus rating of “Moderate Buy” and an average target price of $54.17.
Get Our Latest Analysis on LINC
Lincoln Educational Services Stock Down 16.9%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.06 earnings per share (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, equities research analysts forecast that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.
Insider Buying and Selling at Lincoln Educational Services
In related news, Director Kevin M. Carney sold 3,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total transaction of $144,000.00. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Alexandra M. Luster sold 18,007 shares of the 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 sale, the senior vice president owned 82,356 shares of the company’s stock, valued at approximately $3,676,371.84. This represents a 17.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 95,070 shares of company stock worth $4,617,457. Insiders own 12.80% of the company’s stock.
Institutional Investors Weigh In On Lincoln Educational Services
Large investors have recently modified their holdings of the stock. Global Retirement Partners LLC purchased a new stake in shares of Lincoln Educational Services during the 2nd quarter valued at about $32,000. Royal Bank of Canada boosted its holdings in Lincoln Educational Services by 246.7% in the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after acquiring an additional 1,093 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Lincoln Educational Services in the 2nd quarter worth approximately $40,000. Strs Ohio acquired a new stake in Lincoln Educational Services in the first quarter valued at approximately $48,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Lincoln Educational Services by 383.3% during the first quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock valued at $99,000 after purchasing an additional 1,932 shares during the period. Institutional investors and hedge funds own 72.23% of the company’s stock.
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.
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