Legacy Education (NYSEAMERICAN:LGCY) Given New $15.40 Price Target at LADENBURG THALM/SH SH

Legacy Education (NYSEAMERICAN:LGCY) had its price target upped by equities researchers at LADENBURG THALM/SH SH from $14.60 to $15.40 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. LADENBURG THALM/SH SH’s target price would indicate a potential upside of 28.55% from the stock’s current price.

Separately, Northland Securities set a $14.50 price objective on Legacy Education in a research report on Friday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Legacy Education currently has an average rating of “Buy” and an average target price of $14.95.

Legacy Education Stock Down 4.2%

Shares of NYSEAMERICAN:LGCY traded down $0.52 during trading on Friday, reaching $11.98. 96,751 shares of the company traded hands, compared to its average volume of 58,470. The firm has a market capitalization of $151.07 million, a PE ratio of 19.64 and a beta of 1.24. Legacy Education has a 52 week low of $7.94 and a 52 week high of $14.70. The company’s 50 day moving average is $12.77 and its two-hundred day moving average is $11.16.

Legacy Education (NYSEAMERICAN:LGCY) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.22 EPS for the quarter. Legacy Education had a return on equity of 19.46% and a net margin of 11.02%.The business had revenue of $21.37 million during the quarter. As a group, research analysts anticipate that Legacy Education will post 0.67 EPS for the current year.

Institutional Trading of Legacy Education

Several institutional investors have recently modified their holdings of LGCY. Renaissance Technologies LLC increased its holdings in Legacy Education by 87.6% in the first quarter. Renaissance Technologies LLC now owns 72,000 shares of the company’s stock valued at $901,000 after purchasing an additional 33,628 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 worth $310,000 after buying an additional 10,096 shares during the period. Finally, Sei Investments Co. grew its position in shares of Legacy Education by 260.9% in the 1st quarter. Sei Investments Co. now owns 260,004 shares of the company’s stock valued at $3,255,000 after buying an additional 187,964 shares during the last quarter.

Legacy Education Company Profile

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.