Q1 EPS Estimate for Legacy Education Reduced by Analyst

Legacy Education Inc. (NYSEAMERICAN:LGCY) – Research analysts at Northland Securities lowered their Q1 2027 earnings per share estimates for shares of Legacy Education in a note issued to investors on Friday, September 25th. Northland Securities analyst M. Grondahl now expects that the company will earn $0.15 per share for the quarter, down from their previous estimate of $0.17. 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 Q2 2027 earnings at $0.17 EPS, Q3 2027 earnings at $0.21 EPS and Q4 2027 earnings at $0.20 EPS.

Separately, Zacks Research downgraded shares of Legacy Education from a “hold” rating to a “strong sell” rating in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $14.95.

Legacy Education Price Performance

Shares of Legacy Education stock opened at $9.50 on Wednesday. The stock has a market cap of $121.69 million, a price-to-earnings ratio of 14.39 and a beta of 1.07. The firm’s 50-day moving average is $10.82 and its two-hundred day moving average is $11.57. Legacy Education has a 1 year low of $7.94 and a 1 year high of $14.70.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Punch & Associates Investment Management Inc. acquired a new stake in Legacy Education during the 2nd quarter valued at approximately $1,176,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Legacy Education in the second quarter worth $3,007,000. Ancora Advisors LLC raised its holdings in shares of Legacy Education by 17.6% during the second quarter. Ancora Advisors LLC now owns 100,225 shares of the company’s stock worth $1,179,000 after purchasing an additional 15,000 shares during the last quarter. Manatuck Hill Partners LLC acquired a new position in Legacy Education during the second quarter valued at $524,000. Finally, Bard Associates Inc. purchased a new stake in Legacy Education in the second quarter valued at $5,225,000.

Legacy Education Company Profile

Legacy Education, Inc is a postsecondary education company that provides career-focused training and educational programs designed to prepare students for employment in a range of occupational fields. Its offerings are intended to combine classroom instruction with practical, skills-based learning.

The company has historically operated career education institutions serving students in the United States. Its programs have included training related to healthcare and other professional or technical career paths, although the specific schools, programs and operating footprint may change over time.

Legacy Education was previously known as Legacy Education Alliance, Inc and adopted its current name as its business strategy evolved toward postsecondary career education.