Legacy Education (NYSEAMERICAN:LGCY – Free Report) had its price target boosted by LADENBURG THALM/SH SH from $14.60 to $15.40 in a research note issued to investors on Friday,Benzinga reports. They currently have a buy rating on the stock.
Separately, Northland Securities set a $14.50 price objective on Legacy Education in a research report on Friday. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $14.95.
Check Out Our Latest Analysis on LGCY
Legacy Education Stock Down 4.6%
Legacy Education (NYSEAMERICAN:LGCY – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.22 EPS for the quarter. Legacy Education had a return on equity of 19.47% and a net margin of 10.89%.The business had revenue of $21.37 million for the quarter. On average, equities analysts expect that Legacy Education will post 0.67 earnings per share for the current year.
Hedge Funds Weigh In On Legacy Education
Several large investors have recently made changes to their positions in LGCY. Sei Investments Co. lifted its position in shares of Legacy Education by 260.9% in the first quarter. Sei Investments Co. now owns 260,004 shares of the company’s stock valued at $3,255,000 after acquiring an additional 187,964 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Legacy Education by 87.6% in the first quarter. Renaissance Technologies LLC now owns 72,000 shares of the company’s stock worth $901,000 after purchasing an additional 33,628 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Legacy Education by 68.9% in the first quarter. Dimensional Fund Advisors LP now owns 24,747 shares of the company’s stock worth $310,000 after purchasing an additional 10,096 shares during the last quarter.
About Legacy Education
The Company owns and operates the following career institutions that focus on real-life training by utilizing educational practices in different job markets: High Desert Medical College (“HDMC”), Central Coast College (“CCC”), and Integrity College of Health (“Integrity”). HDMC has three campuses located in Lancaster, California, Bakersfield, California and Temecula, California. HDMC offers the following certificate or degree programs: ultrasound technician (“UT”), vocational nursing (“VN”), VN Associate of Applied Science, Associate Degree of Nursing, nursing assistant, Magnetic Resonance Imaging (“MRI”) Associate of Applied Science, cardiac sonography, pharmacy technician, dental assisting, clinical medical assisting and medical administrative assisting programs (including medical billing and coding programs), veterinary assistant, UT Associate of Applied Science degree, phlebotomy technician and nursing assistant avocational courses, and a number of continuing education programs.
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