James Burke, Jr. Sells 16,000 Shares of Lincoln Educational Services (NASDAQ:LINC) Stock

Lincoln Educational Services Corporation (NASDAQ:LINCGet Free Report) Director James Burke, Jr. sold 16,000 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $49.54, for a total value of $792,640.00. Following the transaction, the director owned 60,005 shares in the company, valued at approximately $2,972,647.70. This trade represents a 21.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Lincoln Educational Services Trading Up 0.7%

LINC traded up $0.35 during midday trading on Monday, reaching $49.45. 474,920 shares of the company were exchanged, compared to its average volume of 521,604. 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 Corporation has a one year low of $17.29 and a one year high of $53.50. The stock has a market capitalization of $1.57 billion, a P/E ratio of 69.65, a PEG ratio of 4.18 and a beta of 0.77. The stock’s 50-day simple moving average is $41.44 and its 200 day simple moving average is $30.77.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last issued 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. Lincoln Educational Services had a return on equity of 15.25% and a net margin of 4.11%.The firm had revenue of $143.96 million for the quarter, compared to analysts’ expectations of $135.66 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, analysts forecast that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.

Analysts Set New Price Targets

LINC has been the topic of several recent analyst reports. Rosenblatt Securities lifted their price objective on Lincoln Educational Services from $45.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Griffin Securities set a $38.00 price objective on Lincoln Educational Services in a report on Tuesday, February 24th. Wall Street Zen cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Monday, February 23rd. B. Riley Financial lifted their price objective on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Barrington Research lifted their price objective on Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $52.50.

Check Out Our Latest Stock Report on LINC

Hedge Funds Weigh In On Lincoln Educational Services

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Lincoln Educational Services by 3.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,682,345 shares of the company’s stock valued at $39,535,000 after acquiring an additional 58,582 shares in the last quarter. Alyeska Investment Group L.P. lifted its stake in Lincoln Educational Services by 12.2% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,626,623 shares of the company’s stock valued at $39,283,000 after acquiring an additional 177,018 shares in the last quarter. Wasatch Advisors LP lifted its stake in Lincoln Educational Services by 4.8% in the 3rd quarter. Wasatch Advisors LP now owns 1,168,375 shares of the company’s stock valued at $27,457,000 after acquiring an additional 53,281 shares in the last quarter. Needham Investment Management LLC lifted its stake in Lincoln Educational Services by 30.1% in the 4th quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock valued at $27,169,000 after acquiring an additional 260,000 shares in the last quarter. Finally, Next Century Growth Investors LLC lifted its stake in Lincoln Educational Services by 4.1% in the 4th quarter. Next Century Growth Investors LLC now owns 791,271 shares of the company’s stock valued at $19,109,000 after acquiring an additional 31,370 shares in the last quarter. Institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Company Profile

(Get Free Report)

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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