LINC - Lincoln Educational Services Corp Stock Price, Fair Value and News

12.06USD-0.08 (-0.66%)Market Closed

Market Summary

USD12.06-0.08

Market Closed

-0.66%

LINC Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

LINC Stock Price

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LINC RSI Chart

LINC Valuation

Market Cap

379.2M

Price/Earnings (Trailing)

14.65

Price/Sales (Trailing)

0.96

EV/EBITDA

6.9

Price/Free Cashflow

-13.4

LINC Price/Sales (Trailing)

LINC Profitability

EBT Margin

9.13%

Return on Equity

15.74%

Return on Assets

7.29%

Free Cashflow Yield

-7.46%

LINC Fundamentals

LINC Revenue

Revenue (TTM)

394.2M

Rev. Growth (Yr)

18.42%

Rev. Growth (Qtr)

0.82%

LINC Earnings

Earnings (TTM)

25.9M

Earnings Growth (Yr)

-96.33%

Earnings Growth (Qtr)

-103.15%

Breaking Down LINC Revenue

Last 7 days

12.6%

Last 30 days

23.7%

Last 90 days

24.7%

Trailing 12 Months

102.6%

How does LINC drawdown profile look like?

LINC Financial Health

Current Ratio

1.98

LINC Investor Care

Dividend Yield

1.47%

Dividend/Share (TTM)

0.18

Shares Dilution (1Y)

0.33%

Diluted EPS (TTM)

0.85

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	394.2M	0	0	0
2023	353.0M	359.5M	367.3M	378.1M
2022	339.9M	341.6M	344.3M	348.3M
2021	301.1M	319.0M	329.3M	335.3M
2020	280.1M	279.0M	285.2M	293.1M
2019	264.6M	267.0M	269.5M	273.3M
2018	258.5M	257.7M	260.5M	263.2M
2017	280.2M	274.0M	267.0M	261.9M
2016	227.6M	247.0M	265.5M	285.6M
2015	206.1M	208.0M	208.8M	208.3M
2014	304.3M	270.0M	237.2M	202.9M
2013	371.9M	361.0M	351.0M	341.5M
2012	449.7M	418.9M	397.6M	382.8M
2011	590.7M	560.6M	512.3M	491.8M
2010	0	569.9M	587.4M	604.8M
2009	0	0	0	552.5M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Lincoln Educational Services Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	pryor felecia j.	acquired	60,001	11.23	5,343	-
May 02, 2024	rose carlton	acquired	60,001	11.23	5,343	-
May 02, 2024	plater michael a	acquired	60,001	11.23	5,343	-
May 02, 2024	young sylvia jean	acquired	60,001	11.23	5,343	-
May 02, 2024	burke james j jr	acquired	60,001	11.23	5,343	-
May 02, 2024	carney kevin m	acquired	60,001	11.23	5,343	-
May 02, 2024	bartholdson john a.	acquired	105,000	11.23	9,350	-
Mar 13, 2024	juniper investment company, llc	sold	-80,552	10.0002	-8,055	-
Mar 12, 2024	juniper investment company, llc	sold	-19,450	10.00	-1,945	-
Mar 11, 2024	juniper investment company, llc	sold	-128,055	9.97	-12,844	-

Which funds bought or sold LINC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	VANGUARD GROUP INC	added	11.3	1,758,320	13,875,100	-%
May 10, 2024	JPMORGAN CHASE & CO	added	40.19	116,449	379,648	-%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	added	8.77	1,011,250	9,500,380	-%
May 10, 2024	AJOVista, LLC	sold off	-100	-66,987	-	-%
May 10, 2024	McIlrath & Eck, LLC	added	395	14,388	17,902	-%
May 10, 2024	ACADIAN ASSET MANAGEMENT LLC	reduced	-21.48	-279,000	1,173,000	-%
May 10, 2024	OSAIC HOLDINGS, INC.	reduced	-24.92	-6,967	23,655	-%
May 10, 2024	PNC Financial Services Group, Inc.	unchanged	-	580	20,660	-%
May 10, 2024	CITIGROUP INC	added	31.28	11,922	45,917	-%
May 10, 2024	BlackRock Inc.	reduced	-1.88	160,898	17,111,800	-%

Are Funds Buying or Selling LINC?

Are funds buying LINC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LINC

No. of Funds

Unveiling Lincoln Educational Services Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 13, 2024	juniper investment company, llc	7.4%	2,363,311	SC 13D/A
Mar 05, 2024	juniper investment company, llc	7.4%	2,363,311	SC 13D/A
Feb 08, 2024	herr investment group llc	7.23%	2,267,402	SC 13G
Jan 31, 2024	blackrock inc.	5.4%	1,688,340	SC 13G
Jan 30, 2024	royce & associates lp	1.37%	431,118	SC 13G/A
Jun 16, 2023	juniper investment company, llc	7.5%	2,363,311	SC 13D/A
Jun 07, 2023	juniper investment company, llc	7.5%	2,363,311	SC 13D/A
Feb 14, 2023	alyeska investment group, l.p.	4.95%	1,300,377	SC 13G/A
Feb 08, 2023	paradice investment management llc	0.7%	172,431	SC 13G/A
Feb 02, 2023	heartland advisors inc	6.54%	2,067,669	SC 13G/A

Recent SEC filings of Lincoln Educational Services Corp

View All Filings

Date Filed	Form Type	Document
May 10, 2024	144	Notice of Insider Sale Intent
May 07, 2024	8-K	Current Report
May 06, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading

Peers (Alternatives to Lincoln Educational Services Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
LOPE	4.4B	985.4M	12.45%	36.32%	20.49	4.43	7.43%	14.39%
GHC	3.4B	4.5B	0.20%	30.52%	12.21	0.75	12.24%	1069.12%
LRN	3.1B	2.0B	17.80%	72.14%	16.54	1.54	9.97%	65.59%
STRA	3.0B	1.2B	16.84%	53.66%	29.25	2.55	9.72%	169.91%
LAUR	2.5B	1.5B	9.97%	36.00%	20.29	1.66	17.48%	41.53%
COUR	1.4B	657.2M	-32.55%	-22.54%	-12.87	2.06	19.28%	37.77%
SMALL-CAP
ATGE	2.4B	1.5B	32.07%	53.51%	22.35	1.59	6.35%	38.51%
CHGG	467.1M	703.0M	-35.05%	-49.69%	32.05	0.66	-6.54%	-94.46%
LINC	379.2M	394.2M	23.68%	102.56%	14.65	0.96	11.65%	111.32%
APEI	326.2M	605.3M	39.99%	221.92%	-6.92	0.54	0.67%	63.07%

Lincoln Educational Services Corp News

Latest updates

Lincoln Educational Services Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.8%	103	103	100	89.00	87.00	92.00	92.00	82.00	83.00	88.00	89.00	80.00	78.00	82.00	79.00	62.00	70.00	74.00	73.00	64.00	63.00
Costs and Expenses	11.0%	104	94.00	98.00	65.00	88.00	80.00	87.00	82.00	83.00	54.00	83.00	77.00	72.00	71.00	75.00	61.00	71.00	64.00	70.00	66.00	68.00
S&GA Expenses	15.2%	60.00	53.00	54.00	52.00	50.00	43.00	47.00	46.00	47.00	41.00	45.00	43.00	40.00	39.00	41.00	35.00	41.00	34.00	37.00	36.00	38.00
EBITDA Margin	1.0%	0.11*	0.11*	0.12*	0.13*	0.06*	0.07*	0.13*	0.14*	0.15*	0.17*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Interest Expenses	107.7%	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00
Income Taxes	-103.8%	-0.10	3.00	1.00	7.00	-0.56	3.00	1.00	0.00	-0.64	9.00	2.00	1.00	1.00	-35.26	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Before Taxes	-103.5%	-0.33	9.00	3.00	24.00	-0.67	12.00	5.00	0.00	-0.37	33.00	5.00	3.00	6.00	11.00	4.00	1.00	-1.70	9.00	1.00	-2.92	-5.42
EBT Margin	-3.1%	0.09*	0.09*	0.10*	0.11*	0.05*	0.05*	0.11*	0.11*	0.12*	0.14*	0.08*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	-103.2%	-0.21	7.00	2.00	17.00	-0.11	9.00	4.00	0.00	0.00	24.00	4.00	2.00	4.00	46.00	4.00	1.00	-1.75	9.00	1.00	-3.06	-5.47
Net Income Margin	-4.5%	0.07*	0.07*	0.08*	0.08*	0.03*	0.04*	0.08*	0.08*	0.09*	0.10*	0.17*	0.18*	-	-	-	-	-	-	-	-	-
Free Cashflow	-267.3%	-16.62	10.00	-24.57	3.00	-3.46	-1.66	7.00	2.00	-15.42	7.00	15.00	7.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.9%	355	345	316	311	281	292	291	285	288	295	253	245	240	245	206	195	169	195	162	155	156
Current Assets	-11.8%	119	135	131	137	108	114	111	111	113	122	111	73.00	71.00	74.00	67.00	61.00	42.00	50.00	44.00	40.00	38.00
Cash Equivalents	-8.2%	70.00	76.00	42.00	66.00	40.00	46.00	70.00	67.00	66.00	83.00	47.00	33.00	27.00	38.00	28.00	26.00	10.00	39.00	16.00	11.00	10.00
Inventory	-17.9%	2.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00
Net PPE	2.3%	52.00	51.00	38.00	33.00	26.00	24.00	24.00	22.00	23.00	23.00	23.00	51.00	49.00	48.00	49.00	49.00	49.00	49.00	48.00	47.00	48.00
Goodwill	0%	11.00	11.00	11.00	11.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00
Liabilities	6.9%	191	178	159	157	146	147	153	147	147	154	140	135	133	142	149	141	116	140	128	123	121
Current Liabilities	-18.4%	60.00	73.00	66.00	69.00	55.00	55.00	60.00	58.00	55.00	66.00	69.00	62.00	61.00	67.00	71.00	69.00	51.00	57.00	68.00	63.00	60.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	14.00	14.00	15.00	15.00	16.00	16.00	17.00	32.00	20.00	21.00	21.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	14.00	14.00	15.00	15.00	16.00	16.00	17.00	32.00	20.00	21.00	21.00
Shareholder's Equity	-1.4%	164	167	157	154	135	145	126	127	129	129	102	98.00	95.00	91.00	45.00	42.00	41.00	43.00	34.00	32.00	35.00
Retained Earnings	-0.3%	69.00	69.00	62.00	60.00	43.00	51.00	43.00	40.00	40.00	40.00	16.00	13.00	10.00	6.00	-39.51	-43.02	-43.81	-42.06	-51.26	-52.60	-49.54
Additional Paid-In Capital	-4.2%	47.00	49.00	48.00	47.00	45.00	46.00	33.00	32.00	32.00	32.00	32.00	31.00	30.00	31.00	30.00	31.00	30.00	30.00	30.00	30.00	30.00
Accumulated Depreciation	1.1%	142	140	140	139	147	146	148	148	151	153	152	178	177	176	175	175	173	172	172	174	173
Shares Outstanding	0.3%	31.00	31.00	31.00	31.00	31.00	31.00	25.00	26.00	26.00	27.00	25.00	25.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	185	-	-	-	151	-	-	-	168	-	-	-	78.00	-	-	-	55.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-168.0%	-14,934	21,946	-6,791	10,617	-214	270	10,604	4,375	-14,367	9,697	16,683	9,366	-8,299	13,263	3,754	18,415	-11,947	5,881	5,889	140	-10,922
Share Based Compensation	-42.6%	1,059	1,844	662	2,576	812	744	637	491	1,239	796	756	844	493	400	670	325	291	219	218	190	52.00
Cashflow From Investing	-34.8%	8,034	12,330	-17,784	16,072	-3,249	-16,691	-3,471	-147	-1,045	43,100	-1,736	-2,297	-1,219	-2,026	-482	-1,688	-1,287	-1,749	-1,849	-573	-639
Cashflow From Financing	-Infinity%	-3,594	-	-	-610	-2,335	-2,911	-4,499	-2,842	-2,296	-16,640	-804	-804	-1,766	-804	-1,647	-500	-15,669	18,758	728	1,238	-24,204
Buy Backs	-	-	-	-	335	556	2,712	4,195	2,538	-	-	-	-962	962	1.00	72.00	-	172	-	-	-	18.00

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LINC Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]
REVENUE	$ 103,366	$ 87,284
COSTS AND EXPENSES:
Educational services and facilities	43,023	38,093
Selling, general and administrative	60,492	50,307
Loss on sale of asset	309	0
Total costs & expenses	103,824	88,400
OPERATING LOSS	(458)	(1,116)
OTHER:
Interest income	698	467
Interest expense	(567)	(25)
LOSS BEFORE INCOME TAXES	(327)	(674)
BENEFIT FOR INCOME TAXES	(113)	(565)
NET LOSS	$ (214)	$ (109)
Basic
Net loss per common share (in dollars per share)	$ (0.01)	$ 0
Diluted
Net loss per common share (in dollars per share)	$ (0.01)	$ 0
Weighted average number of common shares outstanding:
Basic (in shares)	30,301,475	30,038,558
Diluted (in shares)	30,301,475	30,038,558

LINC Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 68,554	$ 75,992
Restricted cash	1,221	4,277
Accounts receivable, less allowance for credit losses of $37,128 and $34,441 at March 31, 2024 and December 31, 2023, respectively	40,484	35,692
Inventories	2,419	2,948
Prepaid expenses and other current assets	6,071	5,556
Assets held for sale	0	10,198
Total current assets	118,749	134,663
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $141,696 and $140,161 at March 31, 2024 and December 31, 2023, respectively	52,005	50,857
OTHER ASSETS:
Noncurrent receivables, less allowance for credit losses of $19,211 and $19,370 at March 31, 2024 and December 31, 2023, respectively	17,360	17,504
Deferred finance charges	420	0
Deferred income taxes, net	22,796	23,217
Operating lease right-of-use assets	102,797	89,923
Finance lease right-of-use assets	27,998	15,797
Goodwill	10,742	10,742
Other assets, net	1,443	1,787
Pension plan assets, net	853	759
Total other assets	184,409	159,729
TOTAL ASSETS	355,163	345,249
CURRENT LIABILITIES:
Unearned tuition	22,265	26,906
Accounts payable	14,282	18,152
Accrued expenses	9,206	13,713
Income taxes payable	2,287	2,832
Current portion of operating lease liabilities	11,842	11,737
Current portion of finance lease liabilities	0	70
Total current liabilities	59,882	73,410
NONCURRENT LIABILITIES:
Long-term portion of operating lease liabilities	101,927	88,853
Long-term portion of finance lease liabilities	28,809	16,126
Other long-term liabilities	52	56
Total liabilities	190,670	178,445
STOCKHOLDERS' EQUITY:
Common stock, no par value - authorized 100,000,000 shares at March 31, 2024 and December 31, 2023, issued and outstanding 31,443,711 shares at March 31, 2024 and issued and outstanding 31,443,711 shares at March 31, 2024 and 31,359,110 shares at December 31, 2023.	48,181	48,181
Additional paid-in capital	47,283	49,380
Retained earnings	69,065	69,279
Accumulated other comprehensive loss	(36)	(36)
Total stockholders' equity	164,493	166,804
TOTAL LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY	$ 355,163	$ 345,249

About Lincoln Educational Services Corp

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: Transportation and Skilled Trades, and Healthcare and Other Professions. 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 s licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service programs, such as culinary, therapeutic massage, cosmetology, and aesthetics; and information technology programs. The company operates schools under the Lincoln Technical Institute, Lincoln College of Technology, Lincoln Culinary Institute, Euphoria Institute of Beauty Arts and Sciences, and other brand names. Lincoln Educational Services Corporation was founded in 1946 and is based in Parsippany, New Jersey.

CEO	Mr. Scott M. Shaw
WEBSITE	lincolntech.edu
INDUSTRY	Education & Training Services
EMPLOYEES	1688

Lincoln Educational Services Corp Frequently Asked Questions

What is the ticker symbol for Lincoln Educational Services Corp? What does LINC stand for in stocks?

LINC is the stock ticker symbol of Lincoln Educational Services Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lincoln Educational Services Corp (LINC)?

As of Fri May 10 2024, market cap of Lincoln Educational Services Corp is 381.73 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LINC stock?

You can check LINC's fair value in chart for subscribers.

What is the fair value of LINC stock?

You can check LINC's fair value in chart for subscribers. The fair value of Lincoln Educational Services Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lincoln Educational Services Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LINC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lincoln Educational Services Corp a good stock to buy?

The fair value guage provides a quick view whether LINC is over valued or under valued. Whether Lincoln Educational Services Corp is cheap or expensive depends on the assumptions which impact Lincoln Educational Services Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LINC.

What is Lincoln Educational Services Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 10 2024, LINC's PE ratio (Price to Earnings) is 14.74 and Price to Sales (PS) ratio is 0.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LINC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lincoln Educational Services Corp's stock?

In the past 10 years, Lincoln Educational Services Corp has provided 0.116 (multiply by 100 for percentage) rate of return.