Lincoln Educational Services Corporation (LINC) Company Bio
Lincoln Educational Services Corporation provides various career-oriented post-secondary education services in the United States. It offers bachelor's degree, associate's degree, and diploma and certificate programs in automotive technology, skilled trades, healthcare services, hospitality services, and business and information technology areas to recent high school graduates and working adults. The company operates under the Lincoln Technical Institute, Lincoln College of Technology, Lincoln College of New England, Lincoln Culinary Institute, Euphoria Institute of Beauty Arts and Sciences, and associated brand names. The company was founded in 1946 and is based in West Orange, New Jersey.
LINC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Lincoln Educational Services Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Lincoln Educational Services Corp ranked in the 50th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Lincoln Educational Services Corp ended up being:
Lincoln Educational Services Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 5.11% of tickers in our DCF set.
As a business, Lincoln Educational Services Corp experienced a tax rate of about 1% over the past twelve months; relative to its sector (Consumer Defensive), this tax rate is higher than just 13.69% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Lincoln Educational Services Corp? See MENB, PM, FIZZ, HSY, and KDP.
WEST ORANGE, NJ, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), marking 75 years in 2021 as a national leader in specialized technical training, today announced the selection of two students this fall to receive full tuition reimbursement by diesel engine manufacturer Cummins Inc. The students, both enrolled at Lincoln Tech’s Indianapolis, IN campus, are pursuing careers in Diesel and Truck Technology through a training program supported in part by Cummins equipment donations.“Cummins has long been a valued partner and supporter of our Diesel Technology programs across the country,” says Scott Shaw, Lincoln Tech’s President and CEO. “We're especially grateful to them for the financial support they are providing our students, particularly at t...
At Insider Monkey, we pore over the filings of nearly 817 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of September 30. In this […]