LINC RSI Chart
Last 7 days
4.2%
Last 30 days
-2.7%
Last 90 days
8.7%
Trailing 12 Months
69.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
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>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Mar 08, 2024 | juniper investment company, llc | sold | -212,919 | 10.05 | -21,186 | - |
Mar 07, 2024 | nyce chad d | sold | -260,520 | 10.02 | -26,000 | evp & chief innovation officer |
Mar 07, 2024 | burke james j jr | sold | -114,944 | 10.24 | -11,225 | - |
Mar 07, 2024 | morrow j barry | sold | -102,745 | 10.08 | -10,193 | - |
Mar 07, 2024 | juniper investment company, llc | sold | -65,776 | 10.03 | -6,558 | - |
Mar 06, 2024 | juniper investment company, llc | sold | -2,861,250 | 9.96961 | -286,997 | - |
Mar 06, 2024 | morrow j barry | sold | -227,004 | 10.04 | -22,610 | - |
Which funds bought or sold LINC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 25, 2024 | SIMPLEX TRADING, LLC | added | 730 | 51,000 | 57,000 | -% |
Apr 25, 2024 | Bank of New York Mellon Corp | reduced | -39.3 | -507,113 | 843,548 | -% |
Apr 24, 2024 | RITHOLTZ WEALTH MANAGEMENT | reduced | -1.48 | 1,696 | 126,222 | -% |
Apr 23, 2024 | RICE HALL JAMES & ASSOCIATES, LLC | added | 29.16 | 660,994 | 2,670,460 | 0.15% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -61.37 | -13,000 | 8,000 | -% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 20,184 | 127,448 | -% |
Apr 18, 2024 | Penbrook Management LLC | added | 1.5 | 25,403 | 598,737 | 0.37% |
Apr 15, 2024 | Legato Capital Management LLC | unchanged | - | 44,538 | 1,586,460 | 0.19% |
Apr 05, 2024 | CWM, LLC | new | - | - | - | -% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | unchanged | - | 3,180 | 20,080 | -% |
Unveiling Lincoln Educational Services Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
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 | 4.0B | 960.9M | 19.34 | 4.12 | ||||
GHC | 3.3B | 4.4B | 16.19 | 0.75 | ||||
STRA | 3.0B | 1.2B | 29.31 | 2.55 | ||||
LRN | 2.9B | 2.0B | 15.7 | 1.46 | ||||
LAUR | 2.3B | 1.5B | 21.67 | 1.57 | ||||
COUR | 1.9B | 635.8M | -16.13 | 2.96 | ||||
SMALL-CAP | ||||||||
ATGE | 1.9B | 1.5B | 16.41 | 1.3 | ||||
CHGG | 733.0M | 716.3M | 40.32 | 1.02 | ||||
LINC | 320.8M | 378.1M | 12.34 | 0.85 | ||||
APEI | 250.3M | 600.5M | -4.7 | 0.42 |
Lincoln Educational Services Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.9% | 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 | 70.00 |
Costs and Expenses | -4.2% | 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 | 64.00 |
S&GA Expenses | -3.6% | 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 | 33.00 |
EBITDA Margin | -6.7% | 0.11* | 0.12* | 0.13* | 0.06* | 0.07* | 0.13* | 0.14* | 0.15* | 0.17* | 0.10* | 0.10* | 0.10* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 1200.0% | 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 | 1.00 |
Income Taxes | 227.5% | 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 | 0.00 |
Earnings Before Taxes | 230.4% | 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 | 5.00 |
EBT Margin | -8.4% | 0.09* | 0.10* | 0.11* | 0.05* | 0.05* | 0.11* | 0.11* | 0.12* | 0.14* | 0.08* | 0.07* | 0.07* | - | - | - | - | - | - | - | - | - |
Net Income | 229.1% | 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 | 5.00 |
Net Income Margin | -9.0% | 0.07* | 0.08* | 0.08* | 0.03* | 0.04* | 0.08* | 0.08* | 0.09* | 0.10* | 0.17* | 0.18* | 0.18* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 140.4% | 10.00 | -24.57 | 3.00 | -3.46 | -1.66 | 7.00 | 2.00 | -15.42 | 7.00 | 15.00 | 7.00 | -9.52 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 9.3% | 345 | 316 | 311 | 281 | 292 | 291 | 285 | 288 | 295 | 253 | 245 | 240 | 245 | 206 | 195 | 169 | 195 | 162 | 155 | 156 | 146 |
Current Assets | 3.1% | 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 | 57.00 |
Cash Equivalents | 82.2% | 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 | 46.00 |
Inventory | 0.4% | 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 | 1.00 |
Net PPE | 32.4% | 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 | 49.00 |
Goodwill | 0% | 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 | 15.00 |
Liabilities | 12.5% | 178 | 159 | 157 | 146 | 147 | 153 | 147 | 147 | 154 | 140 | 135 | 133 | 142 | 149 | 141 | 116 | 140 | 128 | 123 | 121 | 106 |
Current Liabilities | 11.1% | 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 | 65.00 |
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 | 34.00 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15.00 |
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 | 34.00 |
Shareholder's Equity | 6.1% | 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 | 40.00 |
Retained Earnings | 10.9% | 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 | -44.07 |
Additional Paid-In Capital | 3.9% | 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 | 29.00 |
Accumulated Depreciation | 0.3% | 140 | 140 | 139 | 147 | 146 | 148 | 148 | 151 | 153 | 152 | 178 | 177 | 176 | 175 | 175 | 173 | 172 | 172 | 174 | 173 | 171 |
Shares Outstanding | 0% | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 25.00 | 26.00 | 26.00 | 27.00 | 25.00 | 25.00 | 25.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 185 | - | - | - | 151 | - | - | - | 168 | - | - | - | 78.00 | - | - | - | 55.00 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 423.2% | 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 | 4,122 |
Share Based Compensation | 178.5% | 1,844 | 662 | 2,576 | 812 | 744 | 637 | 491 | 1,239 | 796 | 756 | 844 | 493 | 400 | 670 | 325 | 291 | 219 | 218 | 190 | 52.00 | 20.00 |
Cashflow From Investing | 169.3% | 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 | -480 |
Cashflow From Financing | - | - | - | -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 | 24,301 |
Buy Backs | - | - | - | 335 | 556 | 2,712 | 4,195 | 2,538 | - | - | - | -962 | 962 | 1.00 | 72.00 | - | 172 | - | - | - | 18.00 | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended | |
---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | |
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract] | ||
REVENUE | $ 378,070 | $ 348,287 |
COSTS AND EXPENSES: | ||
Educational services and facilities | 162,275 | 148,746 |
Selling, general and administrative | 209,135 | 182,391 |
Gain on sale of assets | (30,918) | (177) |
Impairment of goodwill and long-lived assets | 4,220 | 1,049 |
Total costs and expenses | 344,712 | 332,009 |
OPERATING INCOME | 33,358 | 16,278 |
OTHER: | ||
Interest income | 2,628 | 318 |
Interest expense | (347) | (160) |
INCOME BEFORE INCOME TAXES | 35,639 | 16,436 |
PROVISION FOR INCOME TAXES | 9,642 | 3,802 |
NET INCOME | 25,997 | 12,634 |
PREFERRED STOCK DIVIDENDS | 0 | 1,111 |
INCOME AVAILABLE TO COMMON STOCKHOLDERS | $ 25,997 | $ 11,523 |
Basic | ||
Net income per common share (in dollars per share) | $ 0.86 | $ 0.36 |
Diluted | ||
Net income per common share (in dollars per share) | $ 0.85 | $ 0.36 |
Weighted average number of common shares outstanding: | ||
Basic (in shares) | 30,105,194 | 25,879,483 |
Diluted (in shares) | 30,540,628 | 25,879,483 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
CURRENT ASSETS: | ||
Cash and cash equivalents | $ 75,992 | $ 46,074 |
Restricted cash | 4,277 | 4,213 |
Short-term investments | 0 | 14,758 |
Accounts receivable, less allowance of $34,441 and $28,560 at December 31, 2023 and 2022, respectively | 35,692 | 37,175 |
Inventories | 2,948 | 2,618 |
Prepaid expenses and other current assets | 5,556 | 4,738 |
Asset held for sale | 10,198 | 4,559 |
Total current assets | 134,663 | 114,135 |
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $140,161 and $146,367 at December 31, 2023 and 2022, respectively | 50,857 | 23,940 |
OTHER ASSETS: | ||
Noncurrent receivables, less allowance of $19,370 and $6,810 at December 31, 2023 and 2022, respectively | 17,504 | 22,734 |
Deferred income taxes, net | 23,217 | 22,312 |
Operating lease right-of-use assets | 89,923 | 93,097 |
Finance lease right-of-use assets | 15,797 | 0 |
Goodwill | 10,742 | 14,536 |
Other assets, net | 1,787 | 812 |
Pension plan assets, net | 759 | 0 |
Total other assets | 159,729 | 153,491 |
TOTAL ASSETS | 345,249 | 291,566 |
CURRENT LIABILITIES: | ||
Unearned tuition | 26,906 | 24,154 |
Accounts payable | 18,152 | 10,496 |
Accrued expenses | 13,680 | 8,653 |
Income taxes payable | 2,832 | 2,055 |
Current portion of operating lease liabilities | 11,737 | 9,631 |
Current portion of finance lease liabilities | 70 | 0 |
Other short-term liabilities | 33 | 31 |
Total current liabilities | 73,410 | 55,020 |
NONCURRENT LIABILITIES: | ||
Pension plan liabilities | 0 | 668 |
Long-term portion of operating lease liabilities | 88,853 | 91,001 |
Long-term portion of finance lease liabilities | 16,126 | 0 |
Other long-term liabilities | 56 | 0 |
Total liabilities | 178,445 | 146,689 |
COMMITMENTS AND CONTINGENCIES | ||
STOCKHOLDERS' EQUITY: | ||
Common stock, no par value - authorized 100,000,000 shares at December 31, 2023 and 2022, issued and outstanding 31,359,110 shares at December 31, 2023 and 31,147,925 shares at December 31, 2022 | 48,181 | 49,072 |
Additional paid-in capital | 49,380 | 45,540 |
Retained earnings | 69,279 | 51,225 |
Accumulated other comprehensive loss | (36) | (960) |
Total stockholders' equity | 166,804 | 144,877 |
TOTAL LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY | 345,249 | 291,566 |
Series A Convertible Preferred Stock [Member] | ||
SERIES A CONVERTIBLE PREFERRED STOCK | ||
Preferred stock, no par value - authorized 10,000,000 shares at December 31, 2023 and 2022, respectively. | $ 0 | $ 0 |