Latest news with #LegacyEducation
Yahoo
08-07-2025
- Business
- Yahoo
2 Small-Cap Stocks That Appear Ready to Surge (STKS, LGCY)
After a rather choppy start to the year, the broader market has firmed up significantly, as fears over geopolitical tensions and slowing economic growth begin to ease. With sentiment shifting back to 'risk-on,' selective small-cap stocks appear to offer exceptional upside opportunity from current levels, most notably those with strong growth forecasts, favorable valuations, and top Zacks Ranks. Two names in particular, The ONE Group Hospitality (STKS) and Legacy Education Inc. (LGCY), stand out as breakout candidates, each showing signs of building momentum ahead of potential major bull runs. Image Source: Zacks Investment Research The ONE Group Hospitality, operator of upscale restaurant brands like STK and Kona Grill, is benefiting from a renewed appetite for in-person dining. After years of volatility and pandemic-related challenges, it appears that 'peak takeout' has passed and consumers are returning to restaurants, especially experiential, high-energy venues like those operated by STKS. The company has recently flipped from negative to positive earnings, marking a significant inflection point. Analysts have responded with sharp upward revisions to estimates: earnings projections for the current year have jumped from a loss of -$0.31 to a gain of $0.51, while next year's forecast has risen from -$0.08 to $0.69. Not surprisingly, the stock boasts a Zacks Rank #1 (Strong Buy) rating. STKS trades at just 9.3x forward earnings, a compelling valuation for a company expected to grow EPS at a 20% annual clip over the next three to five years. Technically, the chart looks extremely promising. STKS has spent the beginning of the year building a solid base and has already broken out twice, forming a stair-step pattern higher. Currently, it appears to be carving out a bullish continuation pattern. As long as the stock holds above the $4.70 support level and clears resistance at $5.13, it could be poised for a powerful rally as the market re-rates this underappreciated small-cap growth story. Image Source: TradingView Legacy Education Inc. operates in the growing field of healthcare education and workforce development, with a focus on training programs for high-demand medical roles. As a provider of healthcare training, Legacy benefits from a steady stream of demand, even in slower economic cycles, making it a somewhat recession-resistant growth play. The company is showing strong momentum on both the earnings and technical front. It currently holds a Zacks Rank #2 (Buy) and trades at a reasonable 17.1x forward earnings, offering an appealing valuation for a business with this growth profile. Analysts expect sales to rise 37.9% this year and another 16.9% in 2026, reflecting very impressive growth expectations. I highlighted LGCY stock a couple of weeks ago, and it has since broken out to new record high prices. Following the breakout, it has begun to form a compelling technical bull flag, a continuation setup that, if confirmed with a move above the $11 level, could trigger another leg higher. Image Source: TradingView With the broader market returning to a risk-on footing and small-cap stocks starting to show signs of life, The ONE Group Hospitality and Legacy Education Inc. stand out as compelling opportunities. Both companies are backed by strong earnings growth forecasts, reasonable valuations, improving technical setups, and rising analyst sentiment. For investors looking to uncover under-the-radar growth stories with breakout potential, both of these small-cap names deserve a close look. If the charts confirm their next leg higher, STKS and LGCY could be among the early leaders in a broader small-cap resurgence. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Legacy Education Inc. (LGCY) : Free Stock Analysis Report The ONE Group Hospitality, Inc. (STKS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
18-06-2025
- Business
- Yahoo
3 Growth Stocks Exploding Higher Now (OUST, PGY, LGCY)
In a market where momentum has returned with a vengeance, a select group of growth stocks is breaking out with force. While many investors remain focused on the usual mega cap names, under-the-radar players like Ouster (OUST), Pagaya Technologies Inc. (PGY) and Legacy Education Inc. (LGCY) are posting eye-popping gains, with indication that more upside may be ahead. Each of these companies combines strong price action with very strong growth forecasts, making them standout candidates for traders and investors looking to ride the next wave of upside. Below, we break down why OUST, PGY, and LGCY are three growth stocks exploding higher right now. Image Source: Zacks Investment Research Ouster is a leading developer of high-performance lidar sensors, which are critical for enabling autonomous robotics, industrial automation, and smart infrastructure. While the company is not yet profitable, it operates in one of the most exciting and high-growth verticals within the broader AI and robotics trend. That exposure brings both significant upside potential and additional risk. Analysts expect revenue to grow by 29% in 2025 and accelerate to 47.3% in 2026, reflecting the company's expanding addressable market and increasing adoption of lidar across sectors. Ouster also carries a Zacks Rank #2 (Buy), signaling positive momentum in earnings revisions and strengthening analyst sentiment. From a technical standpoint, OUST has surged off its April lows and is now consolidating in a well-defined bull flag formation. The chart shows a tight coil just below the $20 level, a breakout above this resistance could trigger the next leg higher, potentially drawing in new momentum buyers. Image Source: TradingView Legacy Education Inc. operates in the growing field of healthcare education and workforce development, with a focus on training programs for high-demand medical roles. As a provider of healthcare training, Legacy benefits from a steady stream of demand, even in slower economic cycles, making it a somewhat recession-resistant growth play. The company is showing strong momentum on both the earnings and technical front. It currently holds a Zacks Rank #2 (Buy) and trades at a reasonable 16.2x forward earnings, offering an appealing valuation for a business with this growth profile. Analysts expect sales to rise 37.9% this year and another 16.9% in 2026, reflecting very impressive growth. In its most recent quarterly report, Legacy posted a 50% year-over-year revenue increase, alongside a 70% surge in new student enrollments—an encouraging signal that demand for its programs is accelerating. Technically, the stock is in a strong position. Despite being public for less than a year, it is already consolidating just below its all-time highs, setting up what looks like a major breakout. If it clears resistance in the coming sessions, Legacy could be on the verge of a powerful move higher. Image Source: TradingView Pagaya Technologies Ltd. is a fintech platform that leverages AI to underwrite and manage consumer credit risk at scale, partnering with banks and lenders to expand access to credit. While the company faced steep skepticism early in its public life, due to persistent losses and a crowded fintech sector. it's now undergoing one of the most powerful transitions an investor can look for: the shift from negative to positive earnings. This is my favorite kind of setup. When a company moves from negative sentiment and red ink to positive earnings momentum, it often creates a window of opportunity before the broader market catches on. Pagaya currently holds a Zacks Rank #1 (Strong Buy) and trades at just 6x next year's earnings, making it one of the most attractively priced high-growth stocks in the market. Sales are expected to grow 20% in 2025, while earnings are projected to soar 195%. I first highlighted PGY in late May as it broke out of a major base, and now it's once again consolidating at a key level. A breakout above $18.65 would confirm a fresh leg higher and could ignite another strong bull run. Image Source: TradingView Should Investors Buy Shares in OUST, LGCY and PGY? There are some really exciting things happening in smaller, high-growth stocks with improving fundamentals and breakout price action. Ouster, Legacy Education, and Pagaya Technologies represent opportunities across industries, robotics, healthcare education, and fintech, but they share three critical traits: accelerating revenue growth, upward-trending earnings estimates, and technical setups that suggest more upside ahead. These are the kinds of stocks that often fly under the radar until they don't, until a breakout, earnings beat, or wave of institutional buying puts them front and center. For traders and investors seeking explosive opportunities in this market, OUST, LGCY, and PGY deserve a close look. Their charts look primed, their stories are improving, and their growth trajectories are gaining speed. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Legacy Education Inc. (LGCY) : Free Stock Analysis Report Ouster, Inc. (OUST) : Free Stock Analysis Report Pagaya Technologies Ltd. (PGY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
LEGACY EDUCATION INC. ACHIEVES RECORD Q3 WITH 50% REVENUE GROWTH AND SURPASSES 3,000 ENROLLED STUDENTS
LANCASTER, Calif., May 15, 2025 /PRNewswire/ -- Legacy Education Inc. (NYSE American: LGCY), a leading provider of career-focused education and training, today announced financial and operating results for the third fiscal quarter ended March 31, 2025. Legacy Education Inc. will host a conference call to discuss third quarter financial results today, Thursday, May 15, 2025, at 4:30 p.m. Eastern time. Toll-free dial-in number is (877) 407-9785 and international dial-in number is (201) 689-8843. To access the live webcast of the conference call, please go to the investor relations section of the Legacy Education website at Participants may also register via teleconference at Q3 FY 2025 Legacy Education Inc. Earnings Conference Call. Once registration is completed, participants will be provided with a calendar invitation and link to join the call. Participants are requested to register at least 15 minutes before the start of the call. An archived version of the webcast will be accessible for 90 days at Third Quarter Fiscal 2025 Financial Highlights Revenue grew 50.7% to $18.6 million New student starts increased 70.7% EBITDA of $3.8 million and adjusted EBITDA of $3.9 million Net income of $2.8 million Diluted earnings per share of $0.21 Student population of 3,245 (including Contra Costa Medical Career College ("CCMCC")), a 49.8% increase from the third fiscal quarter of 2024 Nine months ended March 31, 2025 Financial Highlights Revenue grew 39.0% to $46.2 million New student starts increased 30.6% EBITDA of $8.3 million and adjusted EBITDA of $8.6 million Net income of $6.3 million Diluted earnings per share of $0.51 "This is an excellent quarter for Legacy Education," said LeeAnn Rohmann, Chief Executive Officer of Legacy Education Inc. "Surpassing 3,000 enrolled students and achieving more than 50% revenue growth reflect the success of our strategic focus and the growing demand for career-focused education. Our team's commitment to quality, innovation, and student outcomes continues to drive momentum and position us for sustained long-term growth." QUARTER END FINANCIAL RESULTS Third Quarter ended March 31, 2025 compared to March 31, 2024 Revenue was $18.6 million for the three months ended March 31, 2025 compared to $12.3 million for the three months ended March 31, 2024, an increase of $6.3 million, or 50.7%. The increase is primarily due to a 49.8% increase in ending enrollment from 2,166 to 3,245 supported by a 70.7% increase in starts from 719 to 1,227 in the quarter compared to prior year, which includes the impact of the acquisition of CCMCC adding 468 students. Educational services expense was $10.1 million for the three months ended March 31, 2025, compared to $6.5 million for the three months ended March 31, 2024, an increase of $3.6 million, or 54.6%. The increase was primarily attributable to the increased instructional and staffing required to support the increase in enrollments as well as increased rent and externship fees and our investments in our RN program. General and administrative expense was $4.6 million for the three months ended March 31, 2025, compared to $3.3 million for the three months ended March 31, 2024, an increase of $1.3 million, or 39.5%. The increase was primarily attributable to an increase in marketing expense, professional fees and bad debt expense. Of the total general and administrative expense, $1.2 million and $0.9 million relate to marketing expense for the third quarter of fiscal 2025 and 2024, respectively. YEAR TO DATE FINANCIAL RESULTS Nine Months Ended March 31, 2025 compared to March 31, 2024 Revenue was $46.2 million for the nine months ended March 31, 2025, compared to $33.2 million for the nine months ended March 31, 2024, an increase of $12.9 million, or 39%. The increase is primarily due to a 49.8% increase in ending enrollment from 2,166 to 3,245 students supported by a 30.6% increase in starts from 1,894 to 2,473 students in the nine months ended March 31, 2025, compared to the year nine months ended March 31, 2024, which includes the acquisition of CCMCC adding 468 students. Educational services expense was $24.8 million for the nine months ended March 31, 2025, compared to $17.8 million for the nine months ended March 31, 2024, an increase of $7.0 million, or 39.3%. The increase was primarily attributable to the increased instructional and staffing required to support the increase in enrollments as well as increased rent and externship fees and our investments in our RN program. General and administrative expense was $12.9 million for the nine months ended March 31, 2025, compared to $9.7 million for the nine months ended March 31, 2024, an increase of $3.2 million, or 32.7%. The increase was primarily attributable to an increase in marketing expense, professional fees and bad debt expense. Of the total general and administrative expense, $3.5 million and $3.0 million relate to marketing expense for the first nine months ended March 31, 2025 and 2024, Months Ended Nine Months Ended March 31 March 31 2025 2024 2025 2024REVENUETuition and related income, net $ 18,577,565 $ 12,329,665 $ 46,217,790 $ 33,247,896 OPERATING EXPENSESEducational services 10,116,976 6,544,156 24,800,776 17,802,629General and administrative 4,618,026 3,310,191 12,933,202 9,745,797General and administrative - related party 46,500 42,000 170,700 126,000Depreciation and amortization 130,066 68,010 317,046 189,172 Total costs and expenses 14,911,568 9,964,357 38,221,724 27,863,598OPERATING INCOME 3,665,997 2,365,308 7,996,066 5,384,298 Interest expense (26,342) (39,763) (84,010) (103,298) Interest income 305,382 205,311 861,800 527,020 Total other income 279,040 165,548 777,790 423,722INCOME BEFORE INCOME TAXES 3,945,037 2,530,856 8,773,856 5,808,020Income tax expense (1,127,572) (736,905) (2,466,592) (1,654,512) Net income (loss) $ 2,817,465 $ 1,793,951 $ 6,307,264 $ 4,153,508 Net income per shareBasic net income per share $ 0.23 $ 0.19 $ 0.56 $ 0.45Diluted net income per share $ 0.21 $ 0.19 $ 0.51 $ 0.43Basic weighted average shares outstanding 12,377,420 9,291,149 11,309,831 9,291,149Diluted weighted average shares outstanding 13,528,144 9,691,149 12,460,555 9,691,149Selected Consolidated Balance Sheet Data:March 31, 2025(unaudited)Cash and cash equivalents$ 17,326,998Current assets35,274,661Working capital21,951,513Total assets67,099,260Current liabilities13,323,148Total stockholders' equity39,277,602 Important Information Regarding Non-GAAP Financial Information To supplement Legacy Education's consolidated financial statements presented in accordance with generally accepted accounting principles in the United States ("GAAP"), Legacy Education furnishes certain adjusted non-GAAP supplemental information to our financial results regarding EBITDA and adjusted EBITDA. This reconciliation adjusts the related GAAP financial measures to exclude operating income to adjust the impact of non-cash compensation in the periods presented. We use such adjusted non-GAAP financial measures to evaluate our period-over-period operating performance because our management team believes that by excluding the effects of such adjusted GAAP-related items that, in their opinion, do not reflect the ordinary earnings of our operations, it enhances investors' overall understanding of our current financial performance and our prospects for the future by (i) providing a more comparable measure of our continuing business, as well as greater understanding of the results from the primary operations of our business, (ii) affording a view of our operating results that may be more easily compared to our peer companies, and (iii) enabling investors to consider our operating results on both a GAAP and adjusted non-GAAP basis (including following the integration period of our prior and proposed acquisitions). However, this adjusted non-GAAP information is not in accordance with, or an alternative to, GAAP and should be considered in conjunction with our GAAP results as the items excluded from the adjusted non-GAAP information may have a material impact on Legacy's financial results. A reconciliation of adjusted non-GAAP adjustments to Legacy's GAAP financial results is included in the tables at the end of this press release. In the noted fiscal periods, we adjusted net income for the items identified from our GAAP financial results to arrive at our adjusted non-GAAP financial measures: Stock-based compensation - We exclude stock-based compensation to be consistent with the way management and, in our view, the overall financial community, evaluates our performance and the methods used by analysts to calculate consensus estimates. The expense related to stock-based awards is generally not controllable in the short-term and can vary significantly based on the timing, size and nature of awards granted. As such, we do not include these charges in operating plans. RECONCILIATION OF NET INCOME, EBITDA, AND ADJUSTED EBITDA Below is a reconciliation of adjusted EBITDA from net income, which we believe is the most directly comparable U.S. GAAP Months Ended Nine Months Ended March 31 March 31 2025 2024 2025 2024Net income $ 2,817,465 $ 1,793,951 $ 6,307,264 $ 4,153,508Interest expense (income), net (279,040) (165,548) (777,790) (423,722)Provision for income taxes 1,127,572 736,905 2,466,592 1,654,512Depreciation and amortization 130,066 68,010 317,046 189,172EBITDA 3,796,063 2,433,318 8,313,112 5,573,470 Non cash compensation 107,364 0 283,553 0Adjusted EBITDA $ 3,903,427 $ 2,433,318 $ 8,596,665 $ 5,573,470 ABOUT LEGACY EDUCATION Legacy Education (NYSE: LGCY) is an award-winning, nationally accredited, for-profit post-secondary education company founded in 2009. Legacy Education provides career-focused education primarily in the healthcare field, with certificates and degrees for nursing, sonography, medical technicians, dental assisting, business administrative, and several others. The company offers a wide range of educational programs and services to help students achieve their professional goals. Legacy Education's focus is on providing high-quality education that is accessible and affordable. Legacy Education is committed to growing education footprint via organic enrollment growth, addition of new programs and accretive acquisitions. For more information, please visit or on LinkedIn @legacy-education-inc. FORWARD-LOOKING STATEMENTS Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements." These statements include, but are not limited to, statements relating to the company's operations and business strategy and the company's expected financial results. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The forward-looking statements contained in this press release are based on management's current expectations and are subject to substantial risks, uncertainty and changes in circumstances. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, market conditions and the factors described in the section entitled "Risk Factors" in Legacy's most recent Annual Report on Form 10-K and Legacy's other filings made with the U.S. Securities and Exchange Commission. All such statements speak only as of the date of this press release. Consequently, forward-looking statements should be regarded solely as Legacy's current plans, estimates, and beliefs. Legacy cannot guarantee future results, events, levels of activity, performance or achievements. Legacy does not undertake and specifically declines any obligation to update or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law. Contact Legacy Education Relationsir@ Amato and Partners, LLCInvestors Relations Counseladmin@ View original content to download multimedia: SOURCE Legacy Education Inc.
Yahoo
13-05-2025
- Business
- Yahoo
Legacy Education Inc. (LGCY) to Participate in the Ladenburg Thalmann Technology Innovation EXPO25
LANCASTER, Calif., May 13, 2025 /PRNewswire/ -- Legacy Education Inc. ("Legacy Education" or the "Company") (NYSE American: LGCY), a leading provider of career-focused education and training, today announced its participation in the Ladenburg Thalmann Technology Innovation EXPO25, taking place on Wednesday, May 21, 2025, at Convene, 101 Park Avenue, New York, NY 10017. The conference showcases innovative technology companies, with a focus on those advancing artificial intelligence, to a broad audience of investors and industry professionals. Legacy Education's CEO, LeeAnn Rohmann, will be presenting from 2:00pm to 2:25pm EST on Track 3. CEO, LeeAnn Rohmann, and CFO, Brandon Pope, will be available for one-on-one meetings throughout the event. During these meetings, management will provide an overview of the Company. For more information, on the Ladenburg Thalmann Technology Innovation EXPO25, or to request a one-on-one meeting with Legacy Education's management, please contact a representative of Ladenburg or visit About Legacy Education Legacy Education (NYSE: LGCY) is an award-winning, nationally accredited, for-profit post-secondary education company founded in 2009. Legacy Education provides career-focused education primarily in the healthcare field, with certificates and degrees for nursing, sonography, medical technicians, dental assisting, business administrative, and several others. The Company offers a wide range of educational programs and services to help students achieve their professional goals. Legacy Education's focus is on providing high-quality education that is accessible and affordable. Legacy Education is committed to growing its education footprint via organic enrollment growth, addition of new programs and accretive acquisitions. For more information, please visit or on LinkedIn @legacy-education-inc. Contact Legacy Education Relationsir@ Amato and Partners, LLCInvestors Relations Counseladmin@ View original content to download multimedia: SOURCE Legacy Education Inc. Sign in to access your portfolio
Yahoo
01-05-2025
- Business
- Yahoo
Legacy Education Inc. Schedules Third Quarter Fiscal Year 2025 Earnings Release and Conference Call
LANCASTER, Calif., May 1, 2025 /PRNewswire/ -- Legacy Education Inc. ("Legacy Education" or the "Company") (NYSE American: LGCY) announces that it will host a conference call to discuss its third quarter financial results on Thursday, May 15, 2025 at 4:30 p.m. Eastern time. A news release outlining Legacy Education's results will be issued by 4:05 p.m. Eastern time on that day. To access the live webcast of the conference call, please go to the investor relations section of the Legacy Education website at Participants may also register via teleconference at Q3 FY 2025 Legacy Education Inc. Earnings Conference Call. Once registration is completed, participants will be provided with a calendar invitation and link to join the call. Participants are requested to register a day in advance or at a minimum 15 minutes before the start of the call. An archived version of the webcast will be accessible for 90 days at Toll-free dial-in number is (877) 407-9785 and international dial-in number is (201) 689-8843. ABOUT LEGACY EDUCATION Legacy Education (NYSE: LGCY) is an award-winning, nationally accredited, for-profit post-secondary education company founded in 2009. Legacy Education provides career-focused education primarily in the healthcare field, with certificates and degrees for nursing, sonography, medical technicians, dental assisting, business administrative, and several others. The Company offers a wide range of educational programs and services to help students achieve their professional goals. Legacy Education's focus is on providing high-quality education that is accessible and affordable. Legacy Education is committed to growing education footprint via organic enrollment growth, addition of new programs and accretive acquisitions. For more information, please visit or on LinkedIn @legacy-education-inc. Contact Legacy Education Relationsir@ Amato and Partners, LLCInvestors Relations Counciladmin@ View original content to download multimedia: SOURCE Legacy Education Inc. Sign in to access your portfolio
