Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $33.77 and traded as high as $49.40. Lincoln Educational Services shares last traded at $46.45, with a volume of 480,106 shares trading hands.
Analysts Set New Price Targets
A number of brokerages have recently commented on LINC. Rosenblatt Securities lifted their price objective on shares of Lincoln Educational Services from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Wall Street Zen downgraded shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Monday, February 23rd. Zacks Research downgraded shares of Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings downgraded shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 8th. Finally, Lake Street Capital reissued a “buy” rating and issued a $55.00 price objective on shares of Lincoln Educational Services in a research report on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $54.17.
Read Our Latest Stock Analysis on LINC
Lincoln Educational Services Trading Down 3.2%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. The company had revenue of $143.96 million during the quarter, compared to analysts’ expectations of $135.66 million. 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 analysts anticipate that Lincoln Educational Services Corporation will post 0.78 EPS for the current fiscal year.
Insider Transactions at Lincoln Educational Services
In other news, Director James J. Burke, Jr. sold 15,807 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $48.36, for a total transaction of $764,426.52. Following the completion of the sale, the director owned 44,198 shares in the company, valued at approximately $2,137,415.28. This trade represents a 26.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Brian K. Meyers sold 40,070 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $49.98, for a total transaction of $2,002,698.60. Following the sale, the chief financial officer owned 160,712 shares of the company’s stock, valued at approximately $8,032,385.76. This represents a 19.96% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 72,070 shares of company stock valued at $3,569,755. 12.80% of the stock is currently owned by corporate insiders.
Institutional Trading of Lincoln Educational Services
A number of hedge funds have recently modified their holdings of LINC. Royal Bank of Canada raised its stake 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 purchasing an additional 1,093 shares in the last quarter. Strs Ohio acquired a new stake in Lincoln Educational Services in the 1st quarter worth about $48,000. State of Wyoming acquired a new stake in Lincoln Educational Services in the 3rd quarter worth about $54,000. EverSource Wealth Advisors LLC raised its stake in Lincoln Educational Services by 383.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock worth $99,000 after purchasing an additional 1,932 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Lincoln Educational Services in the 2nd quarter worth about $116,000. 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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