Tearsheet

Legacy Education (LGCY)


Market Price (2/4/2026): $10.0 | Market Cap: $124.6 Mil
Sector: Consumer Discretionary | Industry: Education Services

Legacy Education (LGCY)


Market Price (2/4/2026): $10.0
Market Cap: $124.6 Mil
Sector: Consumer Discretionary
Industry: Education Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.2%
Key risks
LGCY key risks include [1] growth constraints from temporary regulatory agreements and insufficient internal controls, Show more.
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 40%
 
2 Megatrend and thematic drivers
Megatrends include Future of Learning & Workforce Development. Themes include Specialized Professional Training, and Entrepreneurial Skill Development.
 
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.2%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 40%
2 Megatrend and thematic drivers
Megatrends include Future of Learning & Workforce Development. Themes include Specialized Professional Training, and Entrepreneurial Skill Development.
3 Key risks
LGCY key risks include [1] growth constraints from temporary regulatory agreements and insufficient internal controls, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Legacy Education (LGCY) stock has gained about 10% since 10/31/2025 because of the following key factors:

1. Strong First Quarter Fiscal Year 2026 Earnings. Legacy Education reported robust financial results for its first quarter fiscal year 2026 on November 13, 2025. The company announced earnings per share (EPS) of $0.16, surpassing analysts' expectations of $0.15 by 6.67%. This earnings beat was accompanied by a significant revenue increase of 38.5% year-over-year, reaching $19.4 million. This positive news led to a notable stock price increase of 12.2% the day following the announcement.

2. Positive Analyst Sentiment and Price Target Increases. Leading into and during the period, Legacy Education received favorable analyst attention. On October 29, 2025, analysts increased the price target for LGCY by 11.11% to $13.43. The consensus analyst rating for Legacy Education remains a "Strong Buy," with an average 12-month price target of $13.30, indicating a potential upside from current levels.

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Stock Movement Drivers

Fundamental Drivers

The 9.6% change in LGCY stock from 10/31/2025 to 2/3/2026 was primarily driven by a 8.8% change in the company's P/E Multiple.
(LTM values as of)103120252032026Change
Stock Price ($)9.039.909.6%
Change Contribution By: 
Total Revenues ($ Mil)64708.4%
Net Income Margin (%)11.7%11.0%-6.6%
P/E Multiple14.916.28.8%
Shares Outstanding (Mil)1212-0.5%
Cumulative Contribution9.6%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/3/2026
ReturnCorrelation
LGCY9.6% 
Market (SPY)1.1%39.3%
Sector (XLY)0.9%21.7%

Fundamental Drivers

The -12.2% change in LGCY stock from 7/31/2025 to 2/3/2026 was primarily driven by a -15.8% change in the company's P/E Multiple.
(LTM values as of)73120252032026Change
Stock Price ($)11.279.90-12.2%
Change Contribution By: 
Total Revenues ($ Mil)597018.0%
Net Income Margin (%)12.3%11.0%-11.0%
P/E Multiple19.216.2-15.8%
Shares Outstanding (Mil)1212-0.7%
Cumulative Contribution-12.2%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/3/2026
ReturnCorrelation
LGCY-12.2% 
Market (SPY)9.4%30.9%
Sector (XLY)9.5%23.8%

Fundamental Drivers

The 14.7% change in LGCY stock from 1/31/2025 to 2/3/2026 was primarily driven by a 86.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)13120252032026Change
Stock Price ($)8.639.9014.7%
Change Contribution By: 
Total Revenues ($ Mil)377086.8%
Net Income Margin (%)7.7%11.0%43.0%
P/E Multiple35.916.2-54.9%
Shares Outstanding (Mil)1212-4.7%
Cumulative Contribution14.7%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/3/2026
ReturnCorrelation
LGCY14.7% 
Market (SPY)15.6%32.1%
Sector (XLY)4.9%28.0%

Fundamental Drivers

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Market Drivers

1/31/2023 to 2/3/2026
ReturnCorrelation
LGCY  
Market (SPY)75.9%26.0%
Sector (XLY)66.6%22.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LGCY Return---107%22%-2%149%
Peers Return-4%8%55%55%14%9%209%
S&P 500 Return27%-19%24%23%16%2%86%

Monthly Win Rates [3]
LGCY Win Rate---100%50%0% 
Peers Win Rate50%47%68%52%52%100% 
S&P 500 Win Rate75%42%67%75%67%100% 

Max Drawdowns [4]
LGCY Max Drawdown---0%-26%-4% 
Peers Max Drawdown-22%-26%-13%-9%-11%-2% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: ATGE, STRA, UTI, LINC, PRDO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/3/2026 (YTD)

How Low Can It Go

LGCY has limited trading history. Below is the Consumer Discretionary sector ETF (XLY) in its place.

Unique KeyEventXLYS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-40.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven67.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven680 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-33.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven51.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven82 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-21.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven28.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-60.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven150.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven779 days1,480 days

Compare to ATGE, STRA, UTI, LINC, PRDO

In The Past

SPDR Select Sector Fund's stock fell -40.3% during the 2022 Inflation Shock from a high on 11/19/2021. A -40.3% loss requires a 67.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Legacy Education (LGCY)

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. HDMC also plans to offer an emergency medical technician (EMT) program beginning in October 2024 and is in the process of obtaining approvals for the program (for which HDMC is not planning to apply for ED approval to make Title IV Program funds available for students who enroll in the program). We acquired HDMC in July 2010. HDMC is institutionally accredited by the Accrediting Council for Continuing Education and Training (“ACCET”). Additionally, the licensed VN program at HDMC is approved by the State of California Board of Vocational Nursing and Psychiatric Technicians (“BVNPT”). The California Board of Registered Nursing, the California Department of Public Health, and the Dental Board of California approve one or more of HDMC’s programs. CCC has one campus located in Salinas, California. CCC offers the following certificate or degree programs: business administrative specialist, computer specialist: accounting, medical administrative assistant, medical assisting, nursing assistant, UT, UT Associate of Applied Science, veterinary assistant, veterinary technology Associate of Applied Science, and VN. CCC also offers an avocational phlebotomy technician program. We acquired CCC in January 2019. CCC is institutionally accredited by ACCET. Additionally, the veterinary technology program at CCC is an Associate of Applied Science degree offering and has been granted initial accreditation by the Council on Veterinary Technical Education and Activities of the American Veterinary Medical Association (“AVMA CVTEA”). These agencies approve either one or more of CCC’s programs from BVNPT and the California Department of Public Health. CCC also has obtained approval from ACCET to offer the following programs and plans to begin doing so in October 2024, pending additional approvals: surgical technology (Associate of Applied Science), dental assisting, and sterile processing technician. CCC is also in the process of applying for approvals for a pharmacy technician program and an Associate Degree in Nursing program that it intends to provide in the future. Integrity has one campus located in Pasadena, California. Integrity offers VN, VN Associate of Applied Science, Registered Nurse to Bachelor of Science in Nursing (“RN to BSN”), medical assisting, medical billing and coding, veterinary assistant, and Diagnostic Medical Sonography programs. Integrity also plans to offer an emergency medical technician (EMT) program beginning in October 2024 and is in the process of obtaining approvals for the program (for which Integrity is not planning for ED approval to make Title IV Program funds available for students who enroll in the program). The RN to BSN program holds pre-accreditation candidacy status from the Commission for Nursing Education Accreditation. On December 31, 2019, we entered into a Membership Interest Purchase Agreement with the sole member of Integrity pursuant to which we purchased from the sole member of Integrity on that date 24.5% of her interest and obtained an exclusive option to acquire her remaining membership interest upon payment of $100, which was exercised on September 15, 2020. Integrity is institutionally accredited by the Accrediting Bureau of Health Education Schools (“ABHES”). Additionally, the licensed VN program at Integrity is approved by the BVNPT. The institutions offer programs in career paths such as healthcare, veterinary, medical information technology, and business management The Company’s financial statements include accounts of Legacy Education, L.L.C. d/b/a High Desert Medical College and its wholly owned subsidiary, Legacy Education Monterey LLC (“Monterey”) d/b/a Central Coast College, and its wholly owned subsidiary, Advanced Health Services, LLC d/b/a Integrity College of Health. We are a provider of post-secondary education services through our accredited academic institutions: HDMC, CCC, and Integrity. HDMC was established in California in 2002 and has three campuses in California: Lancaster, Bakersfield, and Temecula. CCC was established in 1983 and has one campus in Salinas, California. Integrity was established in 2007 and has one campus in Pasadena, California. Our principal executive offices are located at 701 W Avenue K, Suite 123, Lancaster, CA.

AI Analysis | Feedback

Here are 1-2 brief analogies for Legacy Education (LGCY):

  • MasterClass for wealth-building seminars and personal finance.
  • A coding boot camp, but for real estate investing and entrepreneurship.

AI Analysis | Feedback

  • Real Estate Investing Education: Provides workshops, seminars, and coaching on strategies for investing in real estate.
  • Financial Education: Offers training in areas like stock market trading, wealth management, and personal finance strategies.
  • Business & Entrepreneurship Education: Delivers programs designed to teach business skills, marketing, and entrepreneurial strategies.
  • Personal Development Education: Provides educational content aimed at improving personal effectiveness, mindset, and overall well-being.

AI Analysis | Feedback

Legacy Education (symbol: LGCY) primarily sells its educational programs and services directly to individuals, rather than to other companies.

The company serves the following categories of customers:

  • Aspiring Real Estate Investors: Individuals interested in learning strategies and techniques for investing in real estate, including property acquisition, management, and financing.
  • Aspiring Financial Traders and Investors: Individuals seeking to gain knowledge and skills for trading and investing in financial markets, such as stocks, options, and foreign exchange.
  • Aspiring Entrepreneurs and Business Owners: Individuals looking to develop the skills and understanding necessary to start, grow, or manage their own businesses.

AI Analysis | Feedback

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LeeAnn Rohmann, Chief Executive Officer

LeeAnn Rohmann has served as Founder and Chief Executive Officer of Legacy Education Inc. since July 2010, and as Chairman of the board of directors since October 2009. Prior to her role at Legacy Education, she was the Chief Sales Officer for CIT Group, Inc., a national bank, from 2004 to 2008. From 2001 to 2004, Ms. Rohmann served as Vice President, Sales of EdAmerica, a financial company providing student loan servicing, and from 1997 to 2001, she was the Senior Vice President, Sales of American Express. She is also the President of the California Association of Private Post Secondary Schools (CAPPS) and a member of the Federal Legislative Committee for the Career Education Colleges and Universities (CECU).

Brandon Pope, Chief Financial Officer

Brandon Pope has served as the Chief Financial Officer of Legacy Education Inc. since its reorganization, and previously served as Chief Financial Officer of Legacy Education, L.L.C. from June 2018. Before joining Legacy Education, he was the Controller of Squar Milner, an accounting and advisory firm, from October 2017 to June 2018. From December 2014 to April 2017, Mr. Pope was the Senior Vice President, Corporate Controller of International Education Corporation, a career education provider. He also served as Principal of Pope Consulting Group, LLP from January 2014 to October 2017. Earlier in his career, from 2008 to 2014, he held various positions at Bridgepoint Education, Inc., including Vice President, Chief Accounting Officer and Vice President, Corporate Controller. Mr. Pope's past roles also include Assistant Vice President, Assistant Controller of Corinthian Colleges, Inc., Assistant Controller of Stater Bros. Markets, and Senior Manager of Financial Reporting and Control at Ingram Micro, Inc. He is a Certified Public Accountant in California.

Dr. Ragheb Milad, Chief Academic Officer

Dr. Ragheb Milad has served as the Chief Academic Officer of Legacy Education Inc. since June 2021. He previously held roles within Legacy Education as Corporate Director of Education and Campus President of HDMC's Lancaster, California campus from January 2019 to January 2021, and as Director of Academics for HDMC from January 2014 to January 2018. Dr. Milad was also an instructor for HDMC's Vocational Nursing and Ultrasound Technician Programs from 2011 to 2014, and he has been instrumental in developing many of Legacy Education's current programs. Additionally, he co-founded ITX PROS, a digital dentistry company, in July 2021 and has served on its board of directors since. From 2008 to July 2021, he was the Sales Director of 3D Diagnostix, a dental computer guided surgery company, and he was a practicing physician in Cairo, Egypt, from 2008 to 2011.

AI Analysis | Feedback

The key risks for the public company Legacy Education (LGCY) include:

  1. Regulatory and Compliance Risks: Legacy Education operates within a highly regulated for-profit education sector, facing significant scrutiny from multiple state, federal, and industry oversight bodies. Key concerns include temporary program participation agreements (PPAs) that can limit growth, particularly with two of its colleges reportedly under such agreements for an extended period. The company has also noted challenges with regulatory compliance procedures, including late filings and insufficient internal controls over financial reporting. The complex and evolving regulatory environment necessitates continuous and effective management of compliance to avoid significant operational hurdles and potential penalties.

  2. Operational and Financial Risks from Cost Structure and Profitability: Legacy Education faces pressure from its cost structure, particularly rising general and administrative expenses driven by marketing expenditures, professional fees, and bad debt. While the company has shown strong revenue growth, sustained expense growth could significantly impact profit margins if revenue growth normalizes. Recent quarters have seen instances of disappointing profitability despite revenue increases, indicating a sensitivity to operating costs.

  3. Geographic Concentration and Acquisition Integration Risks: The company's primary operations are concentrated in California, making it vulnerable to regional economic downturns and specific state-level regulatory changes. While acquisitions are a part of its growth strategy to expand geographically, they introduce risks related to successful integration, potential share dilution to finance deals, and the lengthy process of obtaining post-acquisition recertification for new programs or institutions.

AI Analysis | Feedback

The clear emerging threat to Legacy Education is the widespread proliferation and increasing quality of accessible, low-cost, and often free online educational content and platforms. Services such as Coursera, Udemy, edX, MasterClass, LinkedIn Learning, and extensive educational content on YouTube provide individuals with flexible, affordable, and often credentialed learning opportunities in areas like business, finance, real estate, and entrepreneurship. This trend directly challenges Legacy Education's model of high-priced seminars, workshops, and coaching, as consumers increasingly opt for digital alternatives that offer similar, if not superior, content and instruction without the significant time and financial commitment associated with Legacy's traditional offerings.

AI Analysis | Feedback

For Legacy Education (LGCY), the addressable markets for their main products or services are primarily within career-focused education, particularly in the healthcare field in the United States. While the company operates schools in California, most market size data is available at the U.S. national level.

  • U.S. Technical and Vocational Education Market: This broad market, which encompasses career-focused education, was valued at approximately USD 133.49 billion in 2023 and is projected to reach USD 317.06 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 10.09% from 2025 to 2032.
  • U.S. Nursing Education Market: A more specific segment relevant to Legacy Education's offerings, the U.S. nursing education market size was valued at USD 9.7 billion in 2024. It is expected to grow to USD 16.1 billion by 2034, demonstrating a CAGR of 5.3% during the forecast period. Separately, nursing education programs generate over $8.5 billion in annual revenue in the U.S. and are projected to be worth $14.57 billion by 2030.
  • U.S. Healthcare Professional Training Market: This market, directly related to Legacy Education's healthcare programs, was estimated at USD 244.49 million in 2023 and is anticipated to reach USD 408.77 million by 2030, growing at a CAGR of 7.6%. Another estimate for this market was USD 244.51 million in 2023, projected to reach around USD 511.02 million by 2033, with a CAGR of 7.65%.

AI Analysis | Feedback

Legacy Education (LGCY) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market dynamics:

  1. Sustained Enrollment Growth: The company anticipates continued double-digit enrollment growth, fueled by a strong demand and labor shortage within the healthcare market, particularly in nursing and allied health roles. Legacy Education's data-driven outreach strategies and partnerships with healthcare employers are crucial in maintaining this momentum. For example, Q3 2025 saw a 49.8% increase in ending enrollment and a 70.7% increase in new student starts, contributing significantly to revenue growth. The Health Resources and Services Administration (HRSA) projects a shortage of over 500,000 full-time registered nurses (RNs) by 2025 and 63,720 by 2030, which creates a favorable environment for Legacy Education's programs.
  2. Expansion of Program Offerings: Legacy Education is actively expanding its curriculum by introducing new degree and certificate programs, especially in high-demand healthcare fields. Recently introduced programs include sterile processing, surgical technician, and EMT (emergency medical technician), which align with current employer demand. The company has also secured approvals for three new degree programs and two certificate programs, with plans for multiple start dates annually, and earned initial accreditation for its RN-BSN track.
  3. Strategic Acquisitions: Acquisitions play a significant role in expanding Legacy Education's educational footprint and immediately boosting revenue and enrollment. The acquisition of Contra Costa Medical Career College (CCMCC), for instance, added 468 students and contributed to a 50.6% year-over-year revenue increase in Q3 2025. Management expects further revenue and enrollments to be streamlined through recently acquired entities.
  4. Program Pricing Increases: An increase in the pricing of certain programs has been identified as a contributor to revenue growth in fiscal year 2025. This indicates that strategic price adjustments on their educational offerings are a component of their revenue growth strategy.

AI Analysis | Feedback

Share Issuance

  • Legacy Education Inc. closed its Initial Public Offering (IPO) on October 4, 2024, issuing 2,875,000 shares of common stock.
  • The IPO generated aggregate gross proceeds of $11.5 million.
  • The shares were priced at $4.00 per share during the IPO.

Outbound Investments

  • In January 2025, Legacy Education Inc. completed the acquisition of substantially all assets of Contra Costa Medical Career College for $7.5 million.

Capital Expenditures

  • Capital expenditures for the last 12 months (fiscal year 2025 or TTM period) amounted to approximately $844,320.
  • The company plans to use net proceeds from its IPO for investments at its facilities and for the development of new programs.

Latest Trefis Analyses

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Unique Key

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LGCYATGESTRAUTILINCPRDOMedian
NameLegacy E.Adtalem .Strategi.Universa.Lincoln .Perdoceo. 
Mkt Price9.9099.4180.1928.5126.9231.2529.88
Mkt Cap0.13.61.81.60.82.01.7
Rev LTM701,8891,256836495811823
Op Inc LTM103691828324227133
FCF LTM536813255-4719594
FCF 3Y Avg-26610936-32159109
CFO LTM64281759746203136
CFO 3Y Avg-3151497724166149

Growth & Margins

LGCYATGESTRAUTILINCPRDOMedian
NameLegacy E.Adtalem .Strategi.Universa.Lincoln .Perdoceo. 
Rev Chg LTM40.1%11.9%3.7%14.0%16.9%24.2%15.5%
Rev Chg 3Y Avg-9.5%5.6%26.6%12.9%7.1%9.5%
Rev Chg Q38.5%12.4%4.6%13.3%23.6%24.8%18.4%
QoQ Delta Rev Chg LTM8.4%3.0%1.1%3.2%5.8%5.5%4.3%
Op Mgn LTM14.4%19.6%14.5%10.0%4.9%27.9%14.4%
Op Mgn 3Y Avg13.2%17.6%12.0%7.2%3.4%28.2%12.6%
QoQ Delta Op Mgn LTM-1.2%0.0%1.0%-0.4%0.4%-0.8%-0.2%
CFO/Rev LTM8.1%22.7%13.9%11.6%9.3%25.0%12.8%
CFO/Rev 3Y Avg-18.3%12.4%10.5%5.1%22.7%12.4%
FCF/Rev LTM6.9%19.5%10.5%6.6%-9.5%24.0%8.7%
FCF/Rev 3Y Avg-15.5%9.0%4.6%-7.4%21.7%9.0%

Valuation

LGCYATGESTRAUTILINCPRDOMedian
NameLegacy E.Adtalem .Strategi.Universa.Lincoln .Perdoceo. 
Mkt Cap0.13.61.81.60.82.01.7
P/S1.81.91.41.91.72.51.8
P/EBIT11.09.710.017.334.99.310.5
P/E16.214.015.924.659.112.916.0
P/CFO21.98.310.415.918.110.013.1
Total Yield6.2%7.1%9.5%4.1%1.7%9.5%6.7%
Dividend Yield0.0%0.0%3.2%0.0%0.0%1.8%0.0%
FCF Yield 3Y Avg-8.4%5.4%2.2%-6.6%10.1%5.4%
D/E0.10.20.10.20.20.10.2
Net D/E-0.00.2-0.00.10.2-0.30.0

Returns

LGCYATGESTRAUTILINCPRDOMedian
NameLegacy E.Adtalem .Strategi.Universa.Lincoln .Perdoceo. 
1M Rtn-4.3%-4.8%2.1%14.8%15.5%7.4%4.7%
3M Rtn14.3%7.8%7.7%1.3%45.1%1.3%7.8%
6M Rtn1.2%-13.8%8.8%-10.8%18.9%7.7%4.5%
12M Rtn18.4%-5.1%-15.8%4.4%66.8%11.1%7.7%
3Y Rtn146.3%126.8%-11.0%271.2%309.1%111.1%136.5%
1M Excs Rtn-5.2%-5.7%1.2%13.9%14.6%6.5%3.9%
3M Excs Rtn8.5%0.3%5.2%-5.2%37.5%-2.2%2.8%
6M Excs Rtn-15.5%-22.5%0.9%-18.3%10.3%3.1%-7.3%
12M Excs Rtn0.2%-21.7%-30.5%-10.6%50.4%-3.8%-7.2%
3Y Excs Rtn76.3%89.9%-76.2%207.7%271.4%57.8%83.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2025202420232022
Single educational delivery operation using a core infrastructure that serves the curriculum and46353111
Total46353111


Price Behavior

Price Behavior
Market Price$9.90 
Market Cap ($ Bil)0.1 
First Trading Date09/26/2024 
Distance from 52W High-26.4% 
   50 Days200 Days
DMA Price$10.12$8.11
DMA Trendupup
Distance from DMA-2.2%22.1%
 3M1YR
Volatility59.8%66.1%
Downside Capture190.82129.27
Upside Capture246.14126.76
Correlation (SPY)39.7%32.1%
LGCY Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta1.051.602.101.691.090.12
Up Beta0.020.660.340.020.810.22
Down Beta1.011.963.132.571.26-0.51
Up Capture102%167%270%155%148%35%
Bmk +ve Days11223471142430
Stock +ve Days8172959116165
Down Capture169%151%178%189%113%66%
Bmk -ve Days9192754109321
Stock -ve Days11223063126159

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LGCY
LGCY14.5%66.2%0.47-
Sector ETF (XLY)4.9%24.2%0.1428.0%
Equity (SPY)15.6%19.2%0.6332.2%
Gold (GLD)77.2%24.5%2.30-0.2%
Commodities (DBC)10.0%16.5%0.408.5%
Real Estate (VNQ)2.9%16.5%-0.0022.0%
Bitcoin (BTCUSD)-23.4%40.3%-0.5613.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LGCY
LGCY19.7%69.9%1.25-
Sector ETF (XLY)8.7%23.8%0.3322.7%
Equity (SPY)14.5%17.0%0.6826.0%
Gold (GLD)21.5%16.8%1.04-0.0%
Commodities (DBC)12.0%18.9%0.515.7%
Real Estate (VNQ)4.8%18.8%0.1613.9%
Bitcoin (BTCUSD)20.9%57.5%0.5612.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LGCY
LGCY9.4%69.9%1.25-
Sector ETF (XLY)13.9%21.9%0.5822.7%
Equity (SPY)15.6%17.9%0.7526.0%
Gold (GLD)15.6%15.5%0.84-0.0%
Commodities (DBC)8.4%17.6%0.395.7%
Real Estate (VNQ)5.6%20.8%0.2413.9%
Bitcoin (BTCUSD)69.9%66.5%1.0912.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date1152026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 12312025-8.0%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest2.0 days
Basic Shares Quantity12.5 Mil
Short % of Basic Shares0.6%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/25/2025-18.9%-22.2%-21.3%
5/15/202516.7%16.6%28.8%
2/13/2025-10.7%-22.5%-23.7%
11/14/202416.4%35.2%60.4%
SUMMARY STATS   
# Positive222
# Negative222
Median Positive16.6%25.9%44.6%
Median Negative-14.8%-22.3%-22.5%
Max Positive16.7%35.2%60.4%
Max Negative-18.9%-22.5%-23.7%

SEC Filings

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Report DateFiling DateFiling
09/30/202511/13/202510-Q
06/30/202509/25/202510-K
03/31/202505/15/202510-Q
12/31/202402/13/202510-Q
09/30/202411/14/202410-Q
06/30/202410/01/202410-K
03/31/202409/27/2024424B4
12/31/202305/10/2024DRS/A
09/30/202102/11/2022DRS/A
06/30/202008/17/2021DRS/A

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Rohmann, LeeannChief Executive OfficerDirectBuy111920258.685,00043,4213,974,904Form
2Amato, GeraldDirectSell61120259.6014134681,466Form
3Amato, GeraldDirectSell61120259.585,98657,328622,505Form
4Amato, GeraldDirectSell60920259.365,00046,800664,560Form
5Derose, RobertSee FootnoteBuy31420256.602241,4787,228,307Form