lincoln tech is one of the nation’s most established networks of career training schools. since 1946, lincoln schools around the country have helped more than a quarter-million graduates launch hands-on careers in the automotive, diesel, healthcare, culinary, hospitality, and it industries, as well as in the skilled trades including welding, computerized manufacturing, hvac, electrical and electronics. lincoln currently has campuses in 14 states, under the brands lincoln technical institute, lincoln college of technology, lincoln culinary institute, euphoria institute of beauty arts and sciences, and lincoln college of new england.
Company profile
Ticker
LINC
Exchange
Website
CEO
Scott Shaw
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Lincoln Technical Institute, Inc. • New England Acquisition LLC • Nashville Acquisition, LLC • Euphoria Acquisition, LLC • LTI Holdings, LLC • NN Acquisition, LLC ...
IRS number
571150621
LINC stock data
Latest filings (excl ownership)
8-K
Lincoln Educational Services Projects Student Start Growth
19 Mar 24
8-K
Lincoln Educational Services Corporation Announces Barry Morrow’s Retirement as Chair of the Board
15 Mar 24
10-K
2023 FY
Annual report
4 Mar 24
8-K
Lincoln Educational Services Reports Results for Fourth Quarter and Full Year 2023
26 Feb 24
8-K
Lincoln Educational Services Announces New $40 Million
23 Feb 24
S-8
Registration of securities for employees
16 Feb 24
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Lincoln Educational Services Reports Continuing Growth in the Third Quarter with 10.5% Revenue Growth and a 7.1% Increase in Student Starts
6 Nov 23
8-K
Lincoln Educational Services Reports Strong Second Quarter Results with Student Starts Increasing 17.9% and 9.8% Revenue Growth
8 Aug 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
Transcripts
LINC
Earnings call transcript
2023 Q4
26 Feb 24
LINC
Earnings call transcript
2023 Q3
6 Nov 23
LINC
Earnings call transcript
2023 Q2
7 Aug 23
LINC
Earnings call transcript
2023 Q1
8 May 23
LINC
Earnings call transcript
2022 Q4
27 Feb 23
LINC
Earnings call transcript
2022 Q3
7 Nov 22
LINC
Earnings call transcript
2022 Q2
8 Aug 22
LINC
Earnings call transcript
2022 Q1
9 May 22
LINC
Earnings call transcript
2021 Q4
28 Feb 22
LINC
Earnings call transcript
2021 Q3
8 Nov 21
Latest ownership filings
SC 13D/A
Juniper Investment Company, LLC
13 Mar 24
4
ALEXIS P MICHAS
13 Mar 24
144
Notice of proposed sale of securities
12 Mar 24
4
Change in insider ownership
11 Mar 24
4
JAMES J BURKE JR
11 Mar 24
4
Chad D Nyce
8 Mar 24
4
J Barry Morrow
7 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4
Change in insider ownership
6 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 45.99 mm | 45.99 mm | 45.99 mm | 45.99 mm | 45.99 mm | 45.99 mm |
Cash burn (monthly) | 8.19 mm | 1.97 mm | (no burn) | (no burn) | 2.26 mm | (no burn) |
Cash used (since last report) | 48.76 mm | 11.72 mm | n/a | n/a | 13.47 mm | n/a |
Cash remaining | -2.77 mm | 34.27 mm | n/a | n/a | 32.52 mm | n/a |
Runway (months of cash) | -0.3 | 17.4 | n/a | n/a | 14.4 | n/a |
Institutional ownership, Q2 2023
76.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 79 |
Opened positions | 20 |
Closed positions | 9 |
Increased positions | 25 |
Reduced positions | 21 |
13F shares | Current |
---|---|
Total value | 148.43 bn |
Total shares | 24.34 mm |
Total puts | 0.00 |
Total calls | 18.40 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Juniper Investment | 3.97 mm | $26.75 bn |
Herr Investment | 2.13 mm | $14.35 bn |
Heartland Advisors | 2.07 mm | $13.93 bn |
TALANTA Investment | 1.57 mm | $0.00 |
BLK Blackrock | 1.34 mm | $9.04 bn |
Cannell Capital | 1.22 mm | $8.23 bn |
Alyeska Investment | 1.20 mm | $8.06 bn |
Vanguard | 1.02 mm | $6.86 bn |
Royce & Associates | 984.50 k | $6.64 bn |
Dimensional Fund Advisors | 738.79 k | $4.98 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | Juniper Investment | Common Stock, no par value per share | Sell | Dispose S | Yes | No | 10 | 7,855 | 78.55 k | 296,309 |
13 Mar 24 | Juniper Investment | Common Stock, no par value per share | Sell | Dispose S | Yes | No | 10.01 | 200 | 2.00 k | 304,164 |
12 Mar 24 | Juniper Investment | Common Stock, no par value per share | Sell | Dispose S | Yes | No | 10 | 1,945 | 19.45 k | 304,364 |
11 Mar 24 | Juniper Investment | Common Stock, no par value per share | Sell | Dispose S | Yes | No | 9.97 | 12,844 | 128.05 k | 956,223 |
8 Mar 24 | Juniper Investment | Common Stock, no par value per share | Sell | Dispose S | Yes | No | 10.05 | 21,186 | 212.92 k | 969,067 |
7 Mar 24 | Chad D Nyce | Common Stock | Sell | Dispose S | No | No | 10.02 | 26,000 | 260.52 k | 154,646 |
7 Mar 24 | Burke James J JR | Common Stock | Sell | Dispose S | No | No | 10.24 | 11,225 | 114.94 k | 88,671 |
7 Mar 24 | Juniper Investment | Common Stock, no par value per share | Sell | Dispose S | Yes | No | 10.03 | 6,558 | 65.78 k | 990,253 |
6 Mar 24 | Juniper Investment | Common Stock, no par value per share | Sell | Dispose S | Yes | No | 10.1021 | 36,997 | 373.75 k | 996,811 |
6 Mar 24 | Juniper Investment | Common Stock, no par value per share | Sell | Dispose S | Yes | No | 9.95 | 250,000 | 2.49 mm | 1,033,808 |
News
B. Riley Securities Reiterates Buy on Lincoln Educational Servs, Raises Price Target to $14
21 Mar 24
Analyst Ratings For Lincoln Educational Servs
21 Mar 24
Rosenblatt Reiterates Buy on Lincoln Educational Servs, Maintains $13.5 Price Target
21 Mar 24
12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session
27 Feb 24
Rosenblatt Maintains Buy on Lincoln Educational Servs, Raises Price Target to $13.5
27 Feb 24
Press releases
Lincoln Educational Services Projects Student Start Growth of Approximately 15% During First Quarter 2024
19 Mar 24
Lincoln Educational Services Corporation Announces Barry Morrow's Retirement as Chair of the Board and Names John Bartholdson as Chair following the 2024 Annual Meeting of Shareholders
15 Mar 24
Lincoln Educational Services Hosting Investor Day on March 19th
12 Mar 24
Lincoln Educational Services to Highlight Recent Growth and Operating Momentum at the Sidoti Spring 2024 Small Cap Conference
11 Mar 24
Lincoln Educational Services Reports Results for Fourth Quarter and Full Year 2023
26 Feb 24