The price-to-earnings ratio for Legacy Education Inc (AMEX: LGCY) is above average at 14.10x. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for LGCY is 8.33M, and at present, short sellers hold a 0.16% of that float. The average trading volume of LGCY on January 14, 2025 was 88.99K shares.
LGCY) stock’s latest price update
Legacy Education Inc (AMEX: LGCY)’s stock price has gone decline by -14.37 in comparison to its previous close of 8.70, however, the company has experienced a -9.37% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-12-18 that LANCASTER, Calif., Dec. 18, 2024 /PRNewswire/ — Legacy Education Inc. (“Legacy Education” or the “Company”) (NYSE American: LGCY), a leader in career-focused educational services, is proud to announce the successful completion of its acquisition of Contra Costa Medical Career College (“CCMCC”), located in Antioch, California, pursuant to the execution of its previously announced asset purchase agreement (“APA”) on October 30, 2024 for a purchase price of $8,000,000.
LGCY’s Market Performance
Legacy Education Inc (LGCY) has experienced a -9.37% fall in stock performance for the past week, with a -6.29% drop in the past month, and a 29.57% rise in the past quarter. The volatility ratio for the week is 8.09%, and the volatility levels for the past 30 days are at 8.23% for LGCY. The simple moving average for the last 20 days is -9.92% for LGCY’s stock, with a simple moving average of 11.25% for the last 200 days.
Analysts’ Opinion of LGCY
Many brokerage firms have already submitted their reports for LGCY stocks, with Northland Capital repeating the rating for LGCY by listing it as a “Outperform.” The predicted price for LGCY in the upcoming period, according to Northland Capital is $8.25 based on the research report published on October 22, 2024 of the previous year 2024.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see LGCY reach a price target of $8.20. The rating they have provided for LGCY stocks is “Buy” according to the report published on October 22nd, 2024.
LGCY Trading at 0.90% from the 50-Day Moving Average
After a stumble in the market that brought LGCY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.16% of loss for the given period.
Volatility was left at 8.23%, however, over the last 30 days, the volatility rate increased by 8.09%, as shares sank -7.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.65% upper at present.
During the last 5 trading sessions, LGCY fell by -9.37%, in comparison to the 20-day moving average, which settled at $8.27. In addition, Legacy Education Inc saw -10.46% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LGCY starting from DEROSE ROBERT, who purchase 2,000 shares at the price of $9.10 back on Dec 16 ’24. After this action, DEROSE ROBERT now owns 1,089,974 shares of Legacy Education Inc, valued at $18,200 using the latest closing price.
DEROSE ROBERT, the 10% Owner of Legacy Education Inc, purchase 1,000 shares at $6.83 during a trade that took place back on Nov 20 ’24, which means that DEROSE ROBERT is holding 2,000 shares at $6,830 based on the most recent closing price.
Stock Fundamentals for LGCY
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.44 for the gross margin
The net margin for Legacy Education Inc stands at 0.36. The total capital return value is set at 0.19. Equity return is now at value 27.03, with 16.17 for asset returns.
Based on Legacy Education Inc (LGCY), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 5.74. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 62.97.
Currently, EBITDA for the company is 7.37 million with net debt to EBITDA at -1.36. When we switch over and look at the enterprise to sales, we see a ratio of 1.6. The receivables turnover for the company is 4.03for trailing twelve months and the total asset turnover is 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.07.
Conclusion
In summary, Legacy Education Inc (LGCY) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
