In a report released today, Alexander Paris from Barrington reiterated a Buy rating on Lincoln Edu (LINC – Research Report), with a price target of $22.00.
Alexander Paris has given his Buy rating due to a combination of factors including Lincoln Educational Services’ strong financial performance in the fourth quarter of 2024, which exceeded expectations. The company reported a significant increase in revenue and adjusted EBITDA, driven by growth in student population and tuition fees. Furthermore, Lincoln Edu’s initial guidance for 2025 suggests continued revenue growth and margin expansion, with projections surpassing consensus estimates.
Additionally, the stock’s valuation, while trading at a premium compared to its peer group, remains at a discount relative to its closest competitor, Universal Technical Institute. This, combined with the company’s positive growth outlook and a raised price target of $22, which implies a 23% upside, supports the Buy rating. Paris’s analysis reflects confidence in the company’s strategic direction and potential for sustained financial success.
According to TipRanks, Paris is a 5-star analyst with an average return of 11.4% and a 61.31% success rate. Paris covers the Consumer Cyclical sector, focusing on stocks such as Perdoceo Education, Carriage Services, and Adtalem Global Education.
In another report released today, Lake Street also maintained a Buy rating on the stock with a $20.00 price target.