Shares of Bridgepoint Education (NYSE:BPI) have been given a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. Bridgepoint Education’s rating score has declined by 100% from 90 days ago as a result of a number of analysts’ ratings changes.
Brokers have set a one year consensus price objective of $11.50 for the company and are expecting that the company will post $0.15 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Bridgepoint Education an industry rank of 175 out of 265 based on the ratings given to its competitors.
A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Bridgepoint Education from a “hold” rating to a “sell” rating in a report on Thursday, May 3rd. ValuEngine downgraded Bridgepoint Education from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Finally, Barrington Research reaffirmed a “buy” rating on shares of Bridgepoint Education in a report on Wednesday, March 14th.
Bridgepoint Education opened at $5.66 on Wednesday, Marketbeat Ratings reports. Bridgepoint Education has a 52 week low of $5.69 and a 52 week high of $5.81. The stock has a market cap of $156.46 million, a P/E ratio of 9.59, a PEG ratio of 2.43 and a beta of 2.08.
Bridgepoint Education (NYSE:BPI) last released its earnings results on Tuesday, May 1st. The company reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.11). Bridgepoint Education had a return on equity of 7.03% and a net margin of 0.63%. The firm had revenue of $118.00 million for the quarter, compared to analyst estimates of $118.50 million. During the same period last year, the firm earned $0.23 EPS. The company’s revenue for the quarter was down 8.9% compared to the same quarter last year. analysts expect that Bridgepoint Education will post 0.24 EPS for the current fiscal year.
Institutional investors have recently added to or reduced their stakes in the stock. Cowen Prime Services LLC acquired a new stake in shares of Bridgepoint Education during the first quarter worth about $101,000. Shepherd Kaplan Krochuk LLC purchased a new position in Bridgepoint Education during the first quarter valued at approximately $124,000. Engineers Gate Manager LP purchased a new position in Bridgepoint Education during the first quarter valued at approximately $131,000. First Trust Advisors LP raised its position in Bridgepoint Education by 62.9% during the fourth quarter. First Trust Advisors LP now owns 26,117 shares of the company’s stock valued at $217,000 after acquiring an additional 10,087 shares in the last quarter. Finally, Macquarie Group Ltd. raised its position in Bridgepoint Education by 137.5% during the fourth quarter. Macquarie Group Ltd. now owns 26,604 shares of the company’s stock valued at $221,000 after acquiring an additional 15,400 shares in the last quarter. 84.52% of the stock is owned by hedge funds and other institutional investors.
About Bridgepoint Education
Bridgepoint Education, Inc, together with its subsidiaries, provides postsecondary education services in the United States. Its academic institutions, Ashford University and University of the Rockies, offer associate's, bachelor's, master's, and doctoral degree programs in the disciplines of business, education, psychology, social sciences, and health sciences.
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