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Legacy Education Inc. Appoints Two Distinguished Experts to Board of Directors
Prnewswire· 2025-09-16 13:00
Core Insights - Legacy Education Inc. has appointed Dr. Zwade J. Marshall and Janis L. Paulson to its Board of Directors, enhancing its leadership team with expertise in clinical medicine, financial innovation, and higher education [1][2]. Group 1: Board Appointments - Dr. Zwade J. Marshall is the Co-Founder and CEO of Doc2Doc Lending, with a background in anesthesiology and pain management, holding degrees in Economics, MBA, and MD from Emory University [3]. - Janis L. Paulson brings over 30 years of experience in healthcare career education, previously serving as CEO of Unitek Learning and holding senior roles in finance and operations [4]. - The CEO of Legacy Education, LeeAnn Rohmann, expressed confidence that the new board members will be instrumental in scaling programs and expanding access to healthcare training [5]. Group 2: Company Overview - Legacy Education Inc. is a nationally accredited, for-profit post-secondary education company founded in 2009, focusing on career-oriented education primarily in healthcare [5]. - The company offers a variety of programs, including certificates and degrees in nursing, sonography, medical technicians, and dental assisting, aiming to provide high-quality, accessible, and affordable education [5]. - Legacy Education is committed to growth through organic enrollment, new program additions, and strategic acquisitions [5].
Stride Stock Soars 49% YTD: Should Investors Buy Now or Wait?
ZACKS· 2025-05-19 15:06
Core Viewpoint - Stride, Inc. (LRN) has demonstrated strong stock performance with a 48.7% increase year-to-date, significantly outperforming the Zacks Schools industry and the broader market [1][3]. Enrollment Growth - The company has experienced record enrollment growth, particularly in its Career Learning segment, with overall enrollment increasing by 20% year-over-year [4][5]. - Enrollment in General Education grew by 12.8% to 137,500 students, while Career Learning enrollment surged by 32% to 96,000 students [4]. Revenue Performance - Stride's total revenues for the first nine months of fiscal 2025 reached $1.75 billion, reflecting a 16.3% year-over-year growth [5]. - The company has raised its fiscal 2025 revenue guidance to between $2.37 billion and $2.385 billion, indicating a year-over-year increase of 16.2% to 16.9% from $2.04 billion reported in fiscal 2024 [7]. Future Outlook - Stride is focusing on achieving its fiscal 2028 targets, projecting revenues between $2.70 billion and $3.30 billion, which represents a 10% compound annual growth rate (CAGR) from fiscal 2023 [10]. - Adjusted operating income is expected to be between $415 million and $585 million, with a projected CAGR of 20% [10]. Market Trends - The demand for career education and online program alternatives is driving Stride's growth, supported by its diverse product offerings and strategic initiatives [2][4]. - The favorable regulatory environment under the current administration is expected to further benefit Stride's business model [11]. Earnings Estimates - Analysts have revised fiscal 2025 and 2026 earnings estimates upward, with fiscal 2025 indicating a 51.2% year-over-year growth rate [12]. - Current earnings per share (EPS) estimates for fiscal 2025 are projected at $7.09, with a rise to $7.76 in fiscal 2026 [13]. Valuation - Stride is currently trading at a premium compared to its industry peers based on a forward 12-month price-to-earnings (P/E) ratio, reflecting strong market potential [17]. Investment Considerations - The combination of robust enrollment growth, strategic initiatives, and favorable market trends positions Stride well for future profitability [19][20]. - Investors are encouraged to consider adding Stride to their portfolios based on the positive technical indicators and market demand trends [21].