Lincoln Educational Services (NASDAQ:LINC) Shares Down 4.3% – Here’s Why

Lincoln Educational Services Corporation (NASDAQ:LINC)’s stock price dropped 4.3% on Monday . The company traded as low as $23.78 and last traded at $24.29. Approximately 56,894 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 603,927 shares. The stock had previously closed at $25.37.

Analyst Ratings Changes

LINC has been the subject of a number of analyst reports. Lake Street Capital decreased their target price on shares of Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Rosenblatt Securities dropped their price target on Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Weiss Ratings downgraded shares of Lincoln Educational Services from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, September 2nd. Barrington Research set a $50.00 price target on shares of Lincoln Educational Services in a report on Monday, August 10th. Finally, Northland Securities set a $60.00 target price on shares of Lincoln Educational Services in a research note on Thursday, May 28th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Lincoln Educational Services currently has an average rating of “Moderate Buy” and an average target price of $50.67.

Lincoln Educational Services Trading Down 3.2%

The firm has a market cap of $778.60 million, a price-to-earnings ratio of 34.09, a price-to-earnings-growth ratio of 2.21 and a beta of 0.79. The company’s 50-day moving average price is $33.00 and its 200-day moving average price is $40.48. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.28.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings results on Monday, August 10th. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $142.56 million during the quarter, compared to the consensus estimate of $139.49 million. Lincoln Educational Services had a net margin of 3.99% and a return on equity of 14.47%. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Equities analysts expect that Lincoln Educational Services Corporation will post 0.77 EPS for the current fiscal year.

Institutional Investors Weigh In On Lincoln Educational Services

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Lincoln Educational Services in the second quarter valued at about $123,906,000. Needham Investment Management LLC raised its holdings 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 during the last quarter. Nicholas Investment Partners LP acquired a new stake in Lincoln Educational Services in the 2nd quarter valued at about $26,544,000. 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 worth $19,109,000 after purchasing an additional 31,370 shares in the last quarter. Finally, Pillsbury Lake Capital LLC purchased a new position in Lincoln Educational Services in the 2nd quarter worth approximately $17,773,731. Institutional investors and hedge funds own 72.23% of the company’s stock.

About Lincoln Educational Services

Lincoln Educational Services Corporation, operating primarily under the Lincoln Tech brand, is a provider of career-oriented postsecondary education in the United States. The company offers hands-on training designed to prepare students for employment in technical and skilled-trade occupations, as well as selected healthcare and business-related fields.

Its programs include automotive technology, diesel and heavy equipment, electrical and electronics, HVAC, welding, manufacturing, healthcare, information technology, and other vocational disciplines.