Added to YB: 2026-08-27
Pitch date: 2026-08-25
LINC [neutral]
Lincoln Educational Services Corporation
+1.31%
current return
Author Info
No bio for this author
Company Info
Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented postsecondary education services to high school graduates and working adults in the United States.
Market Cap
$787.6M
Pitch Price
$25.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.55
P/E
34.08
EV/Sales
1.70
Sector
Diversified Consumer Services
Category
growth
Weekly #18: Most Interesting D-Sheets from the Past Week (Aug 18 – Aug 24, 2026) - LINC — Lincoln Educational Services Corporation - Moderate Signal
LINC (earnings): Q2'26 rev +22.4% to $142.6M, adj EBITDA +42.4% to $12.7M, but starts only +1% vs ~9% enrollment growth — conversion gap the key. Catalyst: mgmt expects Q3 starts reaccelerate to low-double-digit growth, Aug class potentially largest ever; attrition improved ~150-200bps. FY guide reiterated; 2030 target $850M rev/$150M adj EBITDA. Focused-campus economics (Suitland: ~$10M capital, ~$5M mature EBITDA, IRR >30%); AI/data-center employer partnerships feed most profitable skilled-trades segment. Risks: thesis hinges on restoring enrollment-to-start conversion; 2026 guide absorbs ~$10M new-campus losses. ~$1.28B mkt cap.
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