Lincoln Edu (LINC – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Alexander Paris from Barrington reiterated a Buy rating on the stock and has a $22.00 price target.
Alexander Paris has given his Buy rating due to a combination of factors, including Lincoln Educational Services Corporation’s strong financial performance and promising growth prospects. The company’s recent quarterly results exceeded market expectations, with significant increases in revenue and adjusted EBITDA, driven by a rise in student population and tuition fees.
Furthermore, Lincoln Edu’s initial guidance for 2025 projects higher-than-expected revenues and earnings, supported by strategic expansion plans such as the opening of new campuses and the introduction of additional programs. The reaffirmation of the company’s long-term outlook, which anticipates substantial growth in revenue and adjusted EBITDA by 2027, further underscores the positive sentiment. Additionally, the stock’s current trading multiples suggest it is undervalued compared to peers, providing a compelling investment opportunity with a target price that indicates significant upside potential.
In another report released on March 24, Lake Street also reiterated a Buy rating on the stock with a $21.00 price target.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LINC in relation to earlier this year.