Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report)’s stock price dropped 5.2% during mid-day trading on Wednesday . The company traded as low as $47.97 and last traded at $50.7110. Approximately 154,754 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 480,308 shares. The stock had previously closed at $53.51.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Barrington Research raised their target price on Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Weiss Ratings lowered Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 8th. B. Riley Financial upped their target price on Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Rosenblatt Securities reiterated a “buy” rating and set a $60.00 price target on shares of Lincoln Educational Services in a report on Thursday, June 11th. Finally, Northland Securities set a $60.00 price target on shares of Lincoln Educational Services in a research report on Thursday, May 28th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Lincoln Educational Services currently has an average rating of “Moderate Buy” and an average target price of $54.17.
Read Our Latest Stock Analysis on Lincoln Educational Services
Lincoln Educational Services Trading Down 11.9%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $143.96 million during the quarter, compared to analyst estimates 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 year.
Insider Transactions at Lincoln Educational Services
In other news, Director James J. Burke, Jr. sold 15,807 shares of Lincoln Educational Services stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $48.36, for a total transaction of $764,426.52. Following the sale, the director owned 44,198 shares of the company’s stock, valued at approximately $2,137,415.28. This trade represents a 26.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brian K. Meyers sold 40,070 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $49.98, for a total value of $2,002,698.60. Following the sale, the chief financial officer owned 160,712 shares in the company, valued at approximately $8,032,385.76. This represents a 19.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,070 shares of company stock worth $4,617,457 over the last 90 days. Insiders own 12.80% of the company’s stock.
Institutional Investors Weigh In On Lincoln Educational Services
Several institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada raised its stake 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 buying an additional 1,093 shares in the last quarter. Strs Ohio acquired a new stake in shares of Lincoln Educational Services during the 1st quarter valued at about $48,000. EverSource Wealth Advisors LLC boosted its position in shares of Lincoln Educational Services by 383.3% during the 1st 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 in the last quarter. Raymond James Financial Inc. bought a new stake in Lincoln Educational Services in the second quarter valued at about $116,000. Finally, Tower Research Capital LLC TRC raised its position in Lincoln Educational Services by 1,081.1% in the second quarter. Tower Research Capital LLC TRC now owns 5,681 shares of the company’s stock worth $131,000 after purchasing an additional 5,200 shares in the last quarter. Institutional investors own 72.23% of the company’s stock.
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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