Kevin Carney Sells 3,000 Shares of Lincoln Educational Services (NASDAQ:LINC) Stock

Lincoln Educational Services Corporation (NASDAQ:LINCGet Free Report) Director Kevin Carney sold 3,000 shares of the 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 sale, the director directly owned 25,039 shares of the company’s stock, valued at $1,201,872. This represents a 10.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lincoln Educational Services Stock Up 0.4%

Shares of LINC stock opened at $47.61 on Friday. The firm has a fifty day moving average of $44.81 and a 200-day moving average of $34.33. The company has a quick ratio of 0.80, a current ratio of 0.83 and a debt-to-equity ratio of 0.18. Lincoln Educational Services Corporation has a 12-month low of $17.29 and a 12-month high of $53.50. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 67.06, a P/E/G ratio of 4.04 and a beta of 0.80.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.10. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. The company had revenue of $143.96 million during the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, equities research analysts predict 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 subject of a number of analyst reports. Barrington Research raised their target price on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Lake Street Capital reaffirmed a “buy” rating and issued a $55.00 target price on shares of Lincoln Educational Services in a research report on Tuesday, May 12th. 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. Rosenblatt Securities reaffirmed a “buy” rating and issued a $60.00 target price on shares of Lincoln Educational Services in a research report on Thursday. Finally, 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. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.17.

Get Our Latest Stock Analysis on Lincoln Educational Services

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. 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 valued at $38,000 after acquiring an additional 1,093 shares during the last quarter. Strs Ohio acquired a new stake in Lincoln Educational Services in the first quarter valued at $48,000. State of Wyoming acquired a new stake in Lincoln Educational Services in the third quarter valued at $54,000. EverSource Wealth Advisors LLC lifted its stake in Lincoln Educational Services by 383.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock valued at $99,000 after acquiring an additional 1,932 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Lincoln Educational Services in the second quarter valued at $116,000. 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.

Further Reading

Insider Buying and Selling by Quarter for Lincoln Educational Services (NASDAQ:LINC)

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