Why Analysts Continue To Raise Expectations For Legacy Education (LGCY)

With a forward P/E ratio of 13.99, Legacy Education Inc. (NYSEAMERICAN:LGCY) is among the 10 Best Growth Stocks to Buy with Low P/E Ratios.

On May 15, Mike Grondahl of Northland raised the firm’s price target on Legacy Education Inc. (NYSEAMERICAN:LGCY) to $14.50 from $14 while maintaining an Outperform rating on the shares. The firm revised its estimates following the company’s fiscal third-quarter earnings report. On the same day, Ladenburg also increased its price target on Legacy Education to $15.40 from $14.60 and reiterated a Buy rating on the stock.

On May 14, Legacy Education Inc. (NYSEAMERICAN:LGCY) reported third-quarter revenue of $21.4 million, exceeding consensus estimates of $20.51 million. Commenting on the results, Chief Executive Officer LeeAnn Rohmann stated that the company continues to experience strong demand for healthcare career training programs across its markets, supported by stable enrollment trends and sustained student interest. Management also emphasized its focus on disciplined execution, operational enhancements, and expanding access to workforce-aligned educational programs, while highlighting the company’s strong balance sheet and growing student population as key drivers of scale and long-term growth.

Legacy Education Inc. (NYSEAMERICAN:LGCY) operates within the education and training services industry, providing career-focused academic programs primarily in the healthcare sector. It offers a range of accredited programs designed to prepare students for healthcare and vocational careers.  Founded in 2009, the company is headquartered in Lancaster.

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