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Lincoln Educational Services to Meet Analysts and Institutional Investors at the Southwest IDEAS Investor Conference
GlobeNewswire News Room· 2024-11-14 17:34
Core Insights - Lincoln Educational Services Corporation is participating in the 16th Annual Southwest IDEAS Investor Conference on November 21 and 22, 2024, where the President and CEO will present the company's recent performance and growth strategies [1][2]. Financial Performance - In the third quarter, the company reported a revenue growth of 15%, with student starts increasing by 21.1%, and adjusted EBITDA rising by 67% compared to the same quarter last year [2][3]. Growth Strategy - The company is focusing on key growth initiatives such as new campus development and program replication at existing campuses, which are contributing to its strong performance [3]. - There is a growing interest in skilled trades training as an alternative to traditional four-year college education, which is positively impacting the company's growth trajectory [3]. Company Overview - Lincoln Educational Services Corporation has been a leader in specialized technical training for over 75 years, offering career-oriented programs in areas such as automotive technology, health sciences, skilled trades, business and information technology, and hospitality services [4]. - The company operates 22 campuses across 13 states under various brand names, providing solutions to America's skills gap [4].
Surging Earnings Estimates Signal Upside for Lincoln Educational Services (LINC) Stock
ZACKS· 2024-11-13 18:26
Core Viewpoint - Lincoln Educational Services Corporation (LINC) shows a significantly improving earnings outlook, making it a potentially solid investment choice as analysts continue to raise earnings estimates for the company [1][2]. Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding Lincoln Educational Services' earnings prospects, which is expected to positively influence its stock price [2]. - For the current quarter, the earnings estimate is $0.29 per share, reflecting a decrease of 9.38% compared to the previous year. However, the Zacks Consensus Estimate has increased by 16% over the last 30 days due to one upward revision and no negative revisions [4]. - For the full year, the earnings estimate stands at $0.54 per share, representing a 10.2% increase from the previous year. The consensus estimate has risen by 5.88% in the past month, with one upward revision and no negative revisions [5]. Zacks Rank - Lincoln Educational Services has achieved a Zacks Rank of 2 (Buy), indicating favorable estimate revisions that suggest strong potential for outperformance compared to the S&P 500 [6]. - The Zacks Rank system has a proven track record, with Zacks 1 (Strong Buy) stocks averaging an annual return of +25% since 2008, highlighting the effectiveness of this rating tool [3][6]. Stock Performance - Over the past four weeks, Lincoln Educational Services shares have increased by 35.3%, indicating investor confidence in the company's earnings growth prospects driven by positive estimate revisions [7].
Here's Why Momentum in Lincoln Educational Services (LINC) Should Keep going
ZACKS· 2024-11-13 14:50
Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting that sound fundamentals and positive earnings revisions are crucial for maintaining momentum in stock prices [1][2]. Group 1: Stock Performance - Lincoln Educational Services Corporation (LINC) has shown a solid price increase of 44.3% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 35.3% in the last four weeks, suggesting that the upward trend is still intact [5]. - LINC is currently trading at 81.5% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - LINC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like LINC that are on an uptrend supported by strong fundamentals [3]. - The article suggests that investors should consider other stocks that meet similar criteria and explore various Zacks Premium Screens tailored to different investing styles [8].
Lincoln's Q3 Earnings Miss, Revenues Beat, Starts & Population Up Y/Y
ZACKS· 2024-11-12 17:00
Lincoln Educational Services Corporation (LINC) reported mixed results for third-quarter 2024. Its earnings missed the Zacks Consensus Estimate, but revenues topped the same.Nonetheless, both metrics increased year over year, driven by a 10.6% increase in the average student population. This uptick resulted from four consecutive quarters of double-digit start growth and the recently opened East Point, GA campus, which generated $3.4 million in revenues in the third quarter.Stay up-to-date with all quarterly ...
Lincoln Educational Services Corporation (LINC) Q3 Earnings Miss Estimates
ZACKS· 2024-11-11 15:15
Lincoln Educational Services Corporation (LINC) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.14%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced earnings of $0.06, delivering a surprise of 700%.Over the last four q ...
Lincoln Tech and Johnson Controls Partnership Delivers Over 500 Skilled Building Trade Hires Nationwide Since 2018
GlobeNewswire News Room· 2024-11-07 18:00
PARSIPPANY, NJ – November 7, 2024, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced that its partnership with Johnson Controls has resulted in more than 500 job placements for skilled building trade graduates since 2018. At a recent series of recruiting events, more than 100 Lincoln Tech students received job offers from Johnson Controls, the global leader in smart, healthy and ...
Lincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call
GlobeNewswire News Room· 2024-10-29 17:25
PARSIPPANY, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) ("Lincoln") announced today that it will host a conference call to discuss its third quarter financial results on Monday, November 11, 2024 at 10:00 a.m. Eastern time. A news release outlining Lincoln's results will be issued before 9:30 a.m. Eastern time on that day. To access the live webcast of the conference call, please go to the investor relations section of Lincoln's website at http://www.linco ...
Lincoln Tech Launches HVAC and Electrical Career Training at Moorestown, NJ Campus
GlobeNewswire News Room· 2024-09-26 00:26
Parsippany, NJ, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced the introduction of Air Conditioning, Refrigeration and Heating Systems (HVAC) Technology and Electrical and Electronic Systems Technology (EEST) career training programs at its Moorestown, NJ campus. For more than 10 years, the Moorestown campus – serving students and employers throughout the TrentonCamden corri ...
3 Top Schools Stocks Ready to Soar With Industry Growth
ZACKS· 2024-09-09 15:55
Core Insights - The U.S. education industry is experiencing growth driven by e-books, online learning, demand for healthcare professionals, new technologies, hybrid teaching platforms, and strategic acquisitions [1][2] - Challenges include increased advertising and marketing expenses, costs of online education, and threats from generative AI [1][8] Industry Overview - The Zacks Schools industry consists of for-profit education companies offering various programs in finance, healthcare, technology, and more [3] - Companies also provide child-care services and career-oriented post-secondary courses, including fitness-related programs [3] Trends Impacting the Industry - Rising demand for online education and healthcare professionals is benefiting for-profit education stocks, with companies focusing on innovative teaching platforms [4][5] - Cost-saving efforts, increased technology use, and new program introductions are aimed at boosting profitability [6] - The Federal Reserve's rate increases are making debt offerings more expensive, impacting student loans [7] Competitive Landscape - Generative AI poses a threat to customer growth rates for educational companies, potentially disrupting traditional business models [8] - The industry is facing inflation, stagnant traditional campus enrollment growth, and potential economic slowdowns affecting job availability for graduates [8] Industry Performance - The Zacks Schools industry ranks 56, placing it in the top 22% of over 250 Zacks industries, indicating strong near-term prospects [9][10] - The industry's earnings estimates for 2024 have increased to $1.10 per share from $1.09, reflecting growing analyst confidence [11] Stock Performance - The Zacks Schools industry has outperformed the broader Zacks Consumer Discretionary sector with a 13.9% increase compared to the sector's 4.7% rise over the past year [13] - The industry is currently trading at a forward P/E ratio of 18.5X, lower than the S&P 500's 20.7X [15] Notable Companies - **Stride, Inc. (LRN)**: Gained 79.5% over the past year, with expected earnings growth of 7.7% for fiscal 2025 [17][18] - **Grand Canyon Education, Inc. (LOPE)**: Stock increased by 21.6% over the past year, with a projected earnings growth of 13.4% for 2024 [19][20] - **Lincoln Educational Services Corporation (LINC)**: Stock rose 33.4% over the past year, with expected earnings growth of 4.1% for 2024 [23][24]
LINC vs. UTI: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-09-06 16:41
Investors interested in Schools stocks are likely familiar with Lincoln Educational Services Corporation (LINC) and Universal Technical Institute (UTI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on ...