Lincoln Education stock soars to 52-week high of $18.84

Lincoln Educational Services Corporation (LINC), a leading provider of specialized technical training with a market capitalization of $580 million, has seen its stock reach a 52-week high of $18.84, though InvestingPro analysis suggests the stock is currently trading above its Fair Value. This peak reflects a significant surge in investor confidence, as evidenced by the stock’s impressive 65.2% climb over the past year, supported by strong revenue growth of 15.2%. The company’s strategic initiatives to expand its educational programs and partnerships with industry leaders have contributed to this robust performance, resonating positively with investors and market analysts, who have set a consensus price target of $20. InvestingPro subscribers can access 13 additional key insights about LINC’s financial health and growth prospects. Lincoln Education (NASDAQ:LINC)’s commitment to equipping students with in-demand skills for the modern workforce continues to drive its financial success and stock market momentum, maintaining a healthy current ratio of 1.57 that indicates strong operational stability.

In other recent news, Lincoln Educational Services reported a third-quarter revenue that exceeded forecasts, driven by a surprising 16% growth in same-campus new student starts. Despite adjusted EBITDA falling short due to timing issues with marketing and expenses, the company revised its full-year AEBITDA forecast upwards, expecting operational efficiencies to offset increased costs. Lake Street Capital Markets analyst Eric Martinuzzi raised the price target for Lincoln Educational shares to $20.00, maintaining a Buy rating, citing the company’s strong performance and future growth potential. Lincoln Educational also announced plans to lease a new facility on Long Island, New York, expected to open by late 2026, offering various technical training programs.

Meanwhile, REE Automotive Ltd. announced its annual general meeting of shareholders is scheduled for March 6, 2025, at its headquarters in Kibbutz Glil-Yam, Israel. The company has provided detailed proposals for the meeting, allowing shareholders to vote in person or by proxy. This announcement was part of a recent SEC filing, ensuring compliance with corporate governance practices. Shareholders are encouraged to review the proxy statement for a comprehensive understanding of the proposals and their voting rights.

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