Lincoln Educational Services Corporation (LINC)

NASDAQ: LINC · IEX Real-Time Price · USD
10.33
-0.05 (-0.48%)
At close: Mar 28, 2024, 4:00 PM
10.14
-0.19 (-1.84%)
After-hours: Mar 28, 2024, 4:05 PM EDT

Total Valuation

LINC has a market cap or net worth of $328.07 million. The enterprise value is $364.59 million.

Market Cap 328.07M
Enterprise Value 364.59M

Important Dates

The next estimated earnings date is Monday, May 6, 2024, before market open.

Earnings Date May 6, 2024
Ex-Dividend Date n/a

Share Statistics

LINC has 31.76 million shares outstanding. The number of shares has increased by 18.01% in one year.

Shares Outstanding 31.76M
Shares Change (YoY) +18.01%
Shares Change (QoQ) +0.33%
Owned by Insiders (%) 7.63%
Owned by Institutions (%) 76.18%
Float 24.35M

Valuation Ratios

The trailing PE ratio is 12.15 and the forward PE ratio is 31.98. LINC's PEG ratio is 1.69.

PE Ratio 12.15
Forward PE 31.98
PS Ratio 0.87
Forward PS 0.77
PB Ratio 1.97
P/FCF Ratio 18.06
PEG Ratio 1.69
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.53, with an EV/FCF ratio of 20.07.

EV / Earnings 14.02
EV / Sales 0.96
EV / EBITDA 8.53
EV / EBIT 10.13
EV / FCF 20.07

Financial Position

The company has a current ratio of 1.83, with a Debt / Equity ratio of 0.70.

Current Ratio 1.83
Quick Ratio 1.82
Debt / Equity 0.70
Debt / EBITDA 2.73
Debt / FCF 6.43
Interest Coverage 103.71

Financial Efficiency

Return on equity (ROE) is 16.90% and return on invested capital (ROIC) is 8.58%.

Return on Equity (ROE) 16.90%
Return on Assets (ROA) 8.30%
Return on Capital (ROIC) 8.58%
Revenue Per Employee $210,039
Profits Per Employee $14,443
Employee Count 1,800
Asset Turnover 1.21
Inventory Turnover 58.31

Taxes

In the past 12 months, LINC has paid $9.64 million in taxes.

Income Tax 9.64M
Effective Tax Rate 27.05%

Stock Price Statistics

The stock price has increased by +80.91% in the last 52 weeks. The beta is 1.34, so LINC's price volatility has been higher than the market average.

Beta (1Y) 1.34
52-Week Price Change +80.91%
50-Day Moving Average 9.84
200-Day Moving Average 8.76
Relative Strength Index (RSI) 55.67
Average Volume (30 Days) 93,581

Short Selling Information

The latest short interest is 268,758, so 0.85% of the outstanding shares have been sold short.

Short Interest 268,758
Short Previous Month 269,255
Short % of Shares Out 0.85%
Short % of Float 1.10%
Short Ratio (days to cover) 2.29

Income Statement

In the last 12 months, LINC had revenue of $378.07 million and earned $26.00 million in profits. Earnings per share was $0.85.

Revenue 378.07M
Gross Profit 215.80M
Operating Income 33.36M
Pretax Income 35.64M
Net Income 26.00M
EBITDA 42.76M
EBIT 35.99M
Earnings Per Share (EPS) $0.85
Full Income Statement

Balance Sheet

The company has $80.27 million in cash and $116.79 million in debt, giving a net cash position of -$36.52 million or -$1.15 per share.

Cash & Cash Equivalents 80.27M
Total Debt 116.79M
Net Cash -36.52M
Net Cash Per Share -$1.15
Equity / Book Value 166.80M
Book Value Per Share 5.25
Working Capital 61.25M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $25.56 million and capital expenditures -$7.39 million, giving a free cash flow of $18.17 million.

Operating Cash Flow 25.56M
Capital Expenditures -7.39M
Free Cash Flow 18.17M
FCF Per Share $0.60
Full Cash Flow Statement

Margins

Gross margin is 57.08%, with operating and profit margins of 8.82% and 6.88%.

Gross Margin 57.08%
Operating Margin 8.82%
Pretax Margin 9.43%
Profit Margin 6.88%
EBITDA Margin 11.31%
EBIT Margin 9.52%
FCF Margin 4.81%

Dividends & Yields

LINC does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -18.01%
Shareholder Yield -18.01%
Earnings Yield 7.92%
FCF Yield 5.54%
Dividend Details

Analyst Forecast

The average price target for LINC is $13.17, which is 27.49% higher than the current price. The consensus rating is "Strong Buy".

Price Target $13.17
Price Target Difference 27.49%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

LINC has an Altman Z-Score of 3.04 and a Piotroski F-Score of 4.

Altman Z-Score 3.04
Piotroski F-Score 4