Q1 EPS Estimate for Legacy Education Decreased by Analyst

Legacy Education Inc. (NYSEAMERICAN:LGCY) – Equities researchers at Northland Securities reduced their Q1 2027 EPS estimates for shares of Legacy Education in a research report issued on Friday, September 25th. Northland Securities analyst M. Grondahl now anticipates that the company will post earnings per share of $0.15 for the quarter, down from their prior forecast 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.

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

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

Legacy Education Stock Performance

Shares of Legacy Education stock opened at $9.60 on Wednesday. The stock has a market cap of $122.98 million, a price-to-earnings ratio of 14.55 and a beta of 1.16. The stock has a 50 day moving average price of $10.74 and a 200-day moving average price of $11.52. Legacy Education has a one year low of $7.94 and a one year high of $14.70.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its stake in Legacy Education by 481.2% in the first quarter. Bank of America Corp DE now owns 21,847 shares of the company’s stock worth $274,000 after purchasing an additional 18,088 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Legacy Education by 68.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 24,747 shares of the company’s stock valued at $310,000 after buying an additional 10,096 shares in the last quarter. Manatuck Hill Partners LLC bought a new stake in Legacy Education during the 2nd quarter valued at about $524,000. BlackRock Inc. purchased a new stake in Legacy Education in the 2nd quarter valued at about $600,000. Finally, Renaissance Technologies LLC boosted its position in Legacy Education by 87.6% in the 1st quarter. Renaissance Technologies LLC now owns 72,000 shares of the company’s stock valued at $901,000 after buying an additional 33,628 shares during the period.

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.