Brokers Offer Predictions for Legacy Education Q1 Earnings

Legacy Education Inc. (NYSEAMERICAN:LGCY) – Equities researchers at Northland Securities lowered their Q1 2027 earnings estimates for Legacy Education in a research note issued to investors on Monday, November 9th. Northland Securities analyst M. Grondahl now anticipates that the company will earn $0.10 per share for the quarter, down from their previous forecast of $0.15. The consensus estimate for Legacy Education’s current full-year earnings is $0.77 per share. Northland Securities also issued estimates for Legacy Education’s Q3 2027 earnings at $0.24 EPS and Q4 2027 earnings at $0.21 EPS.

Legacy Education (NYSEAMERICAN:LGCY) last issued its quarterly earnings results on Thursday, September 24th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $20.10 million during the quarter. Legacy Education had a net margin of 11.42% and a return on equity of 19.04%.

LGCY has been the subject of several other research reports. Zacks Research cut shares of Legacy Education from a “hold” rating to a “strong sell” rating in a research report on Friday, September 25th. Maxim Group started coverage on Legacy Education in a report on Friday, October 30th. They set a “buy” rating and a $16.00 price objective on the stock. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Legacy Education has a consensus rating of “Hold” and a consensus target price of $15.30.

Legacy Education Trading Up 0.1%

Shares of NYSEAMERICAN:LGCY opened at $8.63 on Tuesday. Legacy Education has a 1-year low of $8.11 and a 1-year high of $14.70. The business has a 50-day moving average price of $10.05 and a two-hundred day moving average price of $11.38. The stock has a market capitalization of $110.55 million, a P/E ratio of 13.97 and a beta of 1.17.

Institutional Investors Weigh In On Legacy Education

Several institutional investors and hedge funds have recently added to or reduced their stakes in LGCY. White Pine Capital LLC acquired a new position in shares of Legacy Education during the 3rd quarter worth about $1,379,000. Royce & Associates LP grew its holdings in shares of Legacy Education by 2.5% in the 3rd quarter. Royce & Associates LP now owns 919,231 shares of the company’s stock valued at $8,889,000 after acquiring an additional 22,844 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Legacy Education by 4.8% in the third quarter. Russell Investments Group Ltd. now owns 194,959 shares of the company’s stock valued at $1,885,000 after acquiring an additional 8,867 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Legacy Education in the third quarter valued at about $97,000. Finally, Punch & Associates Investment Management Inc. bought a new stake in Legacy Education during the second quarter worth about $1,176,000.

About Legacy Education

Legacy Education, Inc is a postsecondary education company that provides career-focused training and degree programs. Its offerings are concentrated in healthcare and other vocational fields, with programs designed to prepare students for employment in areas such as nursing, medical assisting, dental assisting, business, legal services and related occupations.

The company operates educational institutions including North-West College and Glendale Career College in California, as well as Nevada Career Institute in Nevada.