LINC Stock Analysis: Lincoln Educational | NASDAQ
Education & Training Services | NASDAQ, USA | Market Cap: 1.285m USD | 12M Return: 93% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 24.9M
EPS Trend: 93.2%
Qual. Beats: 5
Rev. Trend: 99.6%
Qual. Beats: 13
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Lincoln Educational Services Corporation (NASDAQ: LINC) is a US-based provider of career-oriented postsecondary education, primarily serving high school graduates and working adults. Founded in 1946 and headquartered in Parsippany, New Jersey, the company operates through two segments: Campus Operations and Transitional. Its programs span associates degrees, diplomas, and certificates across automotive technology, skilled trades (electrical, HVAC, welding, CNC, and electronic systems), health sciences, and information technology, delivered under the Lincoln Technical Institute, Lincoln College of Technology, and Nashville Auto Diesel College brands.
As a for-profit education company within the Consumer Discretionary sector, Lincoln focuses on vocational and trade-oriented programs that are designed to prepare students for specific skilled careers rather than traditional academic pathways. The US for-profit education industry has historically been subject to significant federal regulation, including Title IV student aid eligibility rules, which are a key factor shaping enrollment and revenue models across the sector.
- Skilled trades enrollment growth expands campus segment margins
- Title IV regulatory changes threaten federal student aid funding
- Healthcare and IT program demand drives revenue diversification
| Net Income: 22.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 7.30 > 1.0 |
| NWC/Revenue: -2.92% < 20% (prev 0.72%; Δ -3.64% < -1%) |
| CFO/TA 0.15 > 3% & CFO 72.3m > Net Income 22.4m |
| Net Debt (189.9m) to EBITDA (57.1m): 3.32 < 3 |
| Current Ratio: 0.83 > 1.5 & < 3 |
| Outstanding Shares: last quarter (31.3m) vs 12m ago 0.83% < -2% |
| Gross Margin: 60.28% > 18% (prev 59.02%; Δ 1.26% > 0.5%) |
| Asset Turnover: 119.2% > 50% (prev 106.3%; Δ 12.90% > 0%) |
| Interest Coverage Ratio: 9.18 > 6 (EBIT TTM 32.4m / Interest Expense TTM 3.53m) |
| A: -0.03 (Total Current Assets 76.4m - Total Current Liabilities 92.3m) / Total Assets 486.7m |
| B: 0.21 (Retained Earnings 103.5m / Total Assets 486.7m) |
| C: 0.07 (EBIT TTM 32.4m / Avg Total Assets 457.1m) |
| D: 0.69 (Book Value of Equity 198.8m / Total Liabilities 287.9m) |
| Altman-Z'' = 1.68 = BB |
| DSRI: 1.10 (Receivables 62.4m/47.3m, Revenue 544.7m/454.2m) |
| GMI: 0.98 (GM 59.02% / 60.28%) |
| AQI: 0.87 (AQ_t 0.11 / AQ_t-1 0.13) |
| SGI: 1.20 (Revenue 544.7m / 454.2m) |
| TATA: -0.10 (NI 22.4m - CFO 72.3m) / TA 486.7m) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of July 30, 2026, the stock is trading at USD 43.44 with a total of 597,913 shares traded. Over the past week, the price has changed by +8.63%, over one month by -11.90%, over three months by +7.66% and over the past year by +92.98%.
Current recommended Stop Loss: 40.30 (which is 7.2% or 1.2 ATR below the current price).
Lincoln Educational has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy LINC.
- StrongBuy: 4
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 57.4 | 32.1% |
P/E Trailing = 56.2639
P/E Forward = 52.0833
P/S = 2.3591
P/B = 6.573
P/EG = 3.4768
Revenue TTM = 544.7m USD
EBIT TTM = 32.4m USD
EBITDA TTM = 57.1m USD
Long Term Debt = 5.00m USD (from longTermDebt, last quarter)
Short Term Debt = 10.9m USD (from shortTermDebt, last quarter)
Debt = 206.6m USD (from shortLongTermDebtTotal, last quarter) (leases 201.6m already included)
Net Debt = 189.9m USD (calculated: Debt 206.6m - CCE 16.7m)
Enterprise Value = 1.47b USD (1.29b + Debt 206.6m - CCE 16.7m)
Interest Coverage Ratio = 9.18 (Ebit TTM 32.4m / Interest Expense TTM 3.53m)
EV/FCF = -161.7x (Enterprise Value 1.47b / FCF TTM -9.12m)
FCF Yield = -0.62% (FCF TTM -9.12m / Enterprise Value 1.47b)
FCF Margin = -1.67% (FCF TTM -9.12m / Revenue TTM 544.7m)
Net Margin = 4.11% (Net Income TTM 22.4m / Revenue TTM 544.7m)
Gross Margin = 60.28% ((Revenue TTM 544.7m - Cost of Revenue TTM 216.4m) / Revenue TTM)
Gross Margin QoQ = 59.44% (prev 62.27%)
Tobins Q-Ratio = 3.03 (Enterprise Value 1.47b / Total Assets 486.7m)
Interest Expense / Debt = 1.71% (Interest Expense 3.53m / Debt 206.6m)
Taxrate = 22.44% (6.48m / 28.9m)
NOPAT = 25.1m (EBIT 32.4m * (1 - 22.44%))
Current Ratio = 0.83 (Total Current Assets 76.4m / Total Current Liabilities 92.3m)
Debt / Equity = 1.04 (Debt 206.6m / totalStockholderEquity, last quarter 198.8m)
Debt / EBITDA = 3.32 (Net Debt 189.9m / EBITDA 57.1m)
Debt / FCF = -20.81 (negative FCF - burning cash) (Net Debt 189.9m / FCF TTM -9.12m)
Total Stockholder Equity = 191.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.90% (Net Income 22.4m / Total Assets 486.7m)
RoE = 11.72% (Net Income TTM 22.4m / Total Stockholder Equity 191.3m)
RoCE = 16.52% (EBIT 32.4m / Capital Employed (Equity 191.3m + L.T.Debt 5.00m))
RoIC = 6.47% (NOPAT 25.1m / Invested Capital 388.7m)
WACC = 7.82% (E(1.29b)/V(1.49b) * Re(8.86%) + D(206.6m)/V(1.49b) * Rd(1.71%) * (1-Tc(0.22)))
Discount Rate = 8.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 82.43 | Cagr: 0.70%
[DCF] Fair Price = unknown (Cash Flow -9.12m)
EPS Correlation: 93.16 | EPS CAGR: 38.16% | SUE: 3.19 | # QB: 5
Revenue Correlation: 99.65 | Revenue CAGR: 16.25% | SUE: 2.15 | # QB: 13
EPS current Quarter (2026-06-30): EPS=-0.01 | Chg30d=N/A | Revisions=+0% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.16 | Chg30d=+0.00% | Revisions=+0% | Analysts=5
EPS current Year (2026-12-31): EPS=0.77 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=-14.8% | GrowthRev=+14.7%
EPS next Year (2027-12-31): EPS=1.08 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+40.1% | GrowthRev=+9.1%
[Analyst] Revisions Ratio: +25% (up=1, down=0)