Lincoln Educational Services (NASDAQ:LINC) Stock Gets Price Target Cut from B. Riley Financial

Lincoln Educational Services (NASDAQ:LINC) had its target price cut by B. Riley Financial from $56.00 to $52.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on LINC. Rosenblatt Securities reduced their price objective on Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Weiss Ratings downgraded Lincoln Educational Services from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, September 2nd. Lake Street Capital lowered their target price on shares of Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Finally, Barrington Research set a $50.00 target price on shares of Lincoln Educational Services in a report on Monday, August 10th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $50.00.

Lincoln Educational Services Price Performance

Shares of LINC opened at $20.68 on Wednesday. The firm has a market capitalization of $655.97 million, a price-to-earnings ratio of 24.59, a PEG ratio of 1.91 and a beta of 0.84. The firm’s fifty day simple moving average is $23.53 and its 200-day simple moving average is $35.74. Lincoln Educational Services has a twelve month low of $17.29 and a twelve month high of $56.34. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.28.

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

Institutional Investors Weigh In On Lincoln Educational Services

A number of large investors have recently modified their holdings of the stock. North Star Investment Management Corp. increased its position in Lincoln Educational Services by 81.0% during the third quarter. North Star Investment Management Corp. now owns 174,275 shares of the company’s stock worth $3,811,000 after buying an additional 78,000 shares during the last quarter. Pullen Investment Management LLC grew its position in shares of Lincoln Educational Services by 20.4% during the 3rd quarter. Pullen Investment Management LLC now owns 53,986 shares of the company’s stock worth $1,181,000 after purchasing an additional 9,138 shares in the last quarter. Inspire Investing LLC boosted its stake in shares of Lincoln Educational Services by 114.5% in the third quarter. Inspire Investing LLC now owns 29,134 shares of the company’s stock valued at $637,000 after buying an additional 15,551 shares during the period. Kopp Family Office LLC lifted its position in shares of Lincoln Educational Services by 52.3% during the 3rd quarter. Kopp Family Office LLC now owns 21,815 shares of the company’s stock valued at $477,000 after acquiring an additional 7,489 shares during the period. Finally, Penbrook Management LLC lifted its holdings in shares of Lincoln Educational Services by 11.0% during the 3rd quarter. Penbrook Management LLC now owns 14,115 shares of the company’s stock worth $309,000 after acquiring an additional 1,400 shares during the period. Institutional investors and hedge funds own 72.23% of the company’s stock.

Trending Headlines about Lincoln Educational Services

Here are the key news stories impacting Lincoln Educational Services this week:

• Positive Sentiment: Lincoln Tech expanded its South Plainfield, New Jersey, campus to offer electrical and electronics career training. The program is intended to address the state’s skilled-labor shortage and could support future enrollment and revenue growth. Lincoln Tech Expands Career Training Program
• Neutral Sentiment: Multiple law firms reminded investors of a November 10 deadline to seek lead-plaintiff status in the proposed class action. The notices largely repeat the same allegations and do not represent a new court finding or determination of wrongdoing. Faruqi Class Action Notice
• Negative Sentiment: The lawsuit alleges Lincoln and certain executives misled investors about admissions performance and concealed a sharp slowdown in student starts. The allegations stem from the company’s report that second-quarter student starts grew approximately 1%, despite enrollment growth of about 9%, after management had previously guided to full-year start growth of 10% to 14%. LINC Deadline Alert
• Negative Sentiment: The legal notices repeatedly reference the approximately 24.9% one-day share-price decline following the August results. Continued publicity may weigh on investor sentiment, while potential litigation could create legal costs, distraction and financial uncertainty. LINC Stock Drop Class Action Notice
• Negative Sentiment: B. Riley reportedly issued a pessimistic forecast for LINC, adding to the negative analyst and litigation backdrop. Shares remain well below their 50-day and 200-day moving averages, indicating continued technical weakness.

About Lincoln Educational Services

Lincoln Educational Services Corporation, doing business primarily under the Lincoln Tech name, provides career-oriented postsecondary education and training in the United States. The company prepares students for employment in fields such as automotive technology, skilled trades, healthcare, information technology, culinary arts and cosmetology.

Lincoln Tech offers diploma, certificate and degree programs through campus-based and online or hybrid learning formats, depending on the program.