Lincoln Educational Services (LINC) Scheduled to Post Earnings on Monday

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) will be posting its quarterly earnings results before the market opens on Monday, November 11th. Analysts expect Lincoln Educational Services to post earnings of $0.14 per share for the quarter. Lincoln Educational Services has set its FY 2024 guidance at EPS.Persons interested in listening to the company's earnings conference call can do so using this link.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.07. The business had revenue of $102.91 million during the quarter, compared to the consensus estimate of $99.60 million. Lincoln Educational Services had a return on equity of 10.38% and a net margin of 1.95%. On average, analysts expect Lincoln Educational Services to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Lincoln Educational Services Price Performance

Lincoln Educational Services stock traded down $0.17 during trading hours on Monday, reaching $13.38. 86,937 shares of the stock were exchanged, compared to its average volume of 106,871. The stock has a 50 day moving average of $12.29 and a two-hundred day moving average of $11.96. The company has a market cap of $421.20 million, a P/E ratio of 52.12, a price-to-earnings-growth ratio of 1.74 and a beta of 1.41. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 0.17. Lincoln Educational Services has a twelve month low of $8.78 and a twelve month high of $14.52.

Insider Activity

In related news, major shareholder Juniper Investment Company, Ll sold 19,611 shares of the company's stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $12.02, for a total value of $235,724.22. Following the sale, the insider now directly owns 876,410 shares in the company, valued at $10,534,448.20. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders sold 40,819 shares of company stock valued at $490,481. Company insiders own 16.80% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on LINC shares. Rosenblatt Securities raised their price objective on Lincoln Educational Services from $15.00 to $17.00 and gave the company a "buy" rating in a research note on Friday, August 9th. StockNews.com lowered Lincoln Educational Services from a "buy" rating to a "hold" rating in a research note on Wednesday, October 9th. Finally, Barrington Research reiterated an "outperform" rating and set a $16.00 target price on shares of Lincoln Educational Services in a research report on Friday, September 20th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $15.75.

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.