Lincoln Educational Services (NASDAQ:LINC) Releases Earnings Results, Beats Estimates By $0.11 EPS

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

Lincoln Educational Services Stock Performance

Lincoln Educational Services stock opened at $17.66 on Wednesday. The business has a 50 day moving average of $16.19 and a 200-day moving average of $14.46. The company has a market capitalization of $555.92 million, a P/E ratio of 55.19, a P/E/G ratio of 1.70 and a beta of 1.41. Lincoln Educational Services has a 1 year low of $9.29 and a 1 year 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.

Insider Buying and Selling

In related news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $16.19, for a total transaction of $992,268.91. Following the completion of the transaction, the insider now directly owns 425,544 shares of the company’s stock, valued at $6,889,557.36. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 16.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on LINC. B. Riley increased their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Barrington Research reiterated an “outperform” rating and set a $20.00 price objective on shares of Lincoln Educational Services in a research report on Wednesday, February 19th. Finally, Rosenblatt Securities raised their target price on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Lincoln Educational Services presently has an average rating of “Moderate Buy” and an average price target of $19.75.

Read Our Latest Stock Analysis on LINC

About Lincoln Educational Services

(Get Free Report)

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.

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Earnings History for Lincoln Educational Services (NASDAQ:LINC)

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