Lincoln Educational Services (NASDAQ:LINC) Issues Quarterly Earnings Results

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) announced its quarterly earnings results on Monday. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.20 by $0.11, Zacks reports. The firm had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. Lincoln Educational Services updated its FY 2025 guidance to EPS.

Lincoln Educational Services Price Performance

LINC stock traded down $0.30 during mid-day trading on Thursday, hitting $17.99. 296,566 shares of the stock were exchanged, compared to its average volume of 161,728. The business has a fifty day moving average price of $16.25 and a 200 day moving average price of $14.48. Lincoln Educational Services has a 12 month low of $9.29 and a 12 month high of $19.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. The stock has a market capitalization of $566.31 million, a price-to-earnings ratio of 56.22, a PEG ratio of 1.70 and a beta of 1.41.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LINC. B. Riley lifted their price objective on Lincoln Educational Services from $15.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Rosenblatt Securities lifted their price target on Lincoln Educational Services from $20.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday. Finally, Barrington Research reissued an "outperform" rating and set a $20.00 price objective on shares of Lincoln Educational Services in a report on Wednesday, February 19th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $19.75.

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Insider Activity

In other news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of the business's stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $16.19, for a total value of $992,268.91. Following the completion of the sale, the insider now directly owns 425,544 shares in the company, valued at approximately $6,889,557.36. The trade was a 12.59 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 16.80% of the company's stock.

Lincoln Educational Services Company Profile

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service and information technology programs, such as culinary, therapeutic massage, cosmetology, aesthetics, and computer systems support technicians.