B. Riley Initiates Coverage on Lincoln Educational Services (NASDAQ:LINC)

Analysts at B. Riley initiated coverage on shares of Lincoln Educational Services (NASDAQ:LINC) in a research report issued on Friday. The firm set a “buy” rating and a $23.00 price target on the stock. B. Riley’s target price points to a potential upside of 46.40% from the company’s previous close. B. Riley also issued estimates for Lincoln Educational Services’ Q1 2025 earnings at $0.03 EPS, Q3 2025 earnings at $0.19 EPS and Q4 2025 earnings at $0.44 EPS.

Several other brokerages also recently commented on LINC. Rosenblatt Securities boosted their price objective on Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Barrington Research reissued an “outperform” rating and set a $22.00 target price on shares of Lincoln Educational Services in a research note on Wednesday. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $21.00.

Lincoln Educational Services Stock Down 1.8 %

LINC opened at $15.71 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $496.33 million, a PE ratio of 49.10, a PEG ratio of 1.70 and a beta of 1.61. Lincoln Educational Services has a 1-year low of $9.51 and a 1-year high of $19.79. The firm’s 50 day simple moving average is $16.54 and its two-hundred day simple moving average is $15.10.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Monday, February 24th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.20 by $0.11. The firm had revenue of $119.37 million for 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%. As a group, equities analysts forecast that Lincoln Educational Services will post 0.54 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in LINC. Alyeska Investment Group L.P. increased its holdings in shares of Lincoln Educational Services by 43.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company’s stock worth $17,768,000 after purchasing an additional 338,495 shares during the last quarter. Needham Investment Management LLC grew its holdings in Lincoln Educational Services by 71.4% during the 3rd quarter. Needham Investment Management LLC now owns 600,000 shares of the company’s stock valued at $7,164,000 after buying an additional 250,000 shares in the last quarter. Invesco Ltd. grew its holdings in Lincoln Educational Services by 485.7% during the 4th quarter. Invesco Ltd. now owns 295,032 shares of the company’s stock valued at $4,667,000 after buying an additional 244,657 shares in the last quarter. Next Century Growth Investors LLC raised its holdings in shares of Lincoln Educational Services by 17.9% during the 4th quarter. Next Century Growth Investors LLC now owns 664,148 shares of the company’s stock worth $10,507,000 after acquiring an additional 100,963 shares in the last quarter. Finally, Dauntless Investment Group LLC bought a new position in shares of Lincoln Educational Services during the 4th quarter valued at approximately $1,345,000. Institutional investors own 72.23% of the company’s stock.

About Lincoln Educational Services

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.