Bridgepoint Education Inc (NYSE:BPI) has received an average broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.

Brokerages have set a twelve-month consensus target price of $14.00 for the company and are predicting that the company will post $0.22 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Bridgepoint Education an industry rank of 170 out of 255 based on the ratings given to related companies.

BPI has been the subject of a number of research reports. Zacks Investment Research raised Bridgepoint Education from a “sell” rating to a “hold” rating in a research note on Tuesday, July 3rd. Barrington Research reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Bridgepoint Education in a research note on Wednesday, September 12th. ValuEngine raised Bridgepoint Education from a “sell” rating to a “hold” rating in a research note on Thursday, July 26th. Finally, TheStreet raised Bridgepoint Education from a “c” rating to a “b-” rating in a research note on Friday, August 10th.

Hedge funds and other institutional investors have recently modified their holdings of the company. Shepherd Kaplan Krochuk LLC acquired a new position in Bridgepoint Education during the 1st quarter worth $124,000. Engineers Gate Manager LP acquired a new position in Bridgepoint Education during the 1st quarter worth $131,000. First Trust Advisors LP grew its stake in Bridgepoint Education by 18.8% during the 2nd quarter. First Trust Advisors LP now owns 31,000 shares of the company’s stock worth $202,000 after purchasing an additional 4,914 shares in the last quarter. A.R.T. Advisors LLC grew its stake in Bridgepoint Education by 90.7% during the 1st quarter. A.R.T. Advisors LLC now owns 36,593 shares of the company’s stock worth $246,000 after purchasing an additional 17,400 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in Bridgepoint Education by 35.4% during the 1st quarter. California State Teachers Retirement System now owns 39,974 shares of the company’s stock worth $269,000 after purchasing an additional 10,445 shares in the last quarter. 77.72% of the stock is owned by institutional investors and hedge funds.

BPI stock traded down $0.09 during midday trading on Friday, hitting $10.36. 1,330 shares of the company’s stock were exchanged, compared to its average volume of 222,372. The stock has a market cap of $269.61 million, a price-to-earnings ratio of 17.68, a price-to-earnings-growth ratio of 1.56 and a beta of 2.44. Bridgepoint Education has a 1-year low of $5.31 and a 1-year high of $13.63.

Bridgepoint Education (NYSE:BPI) last issued its quarterly earnings data on Wednesday, July 25th. The company reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.38. Bridgepoint Education had a return on equity of 12.93% and a net margin of 3.00%. The business had revenue of $120.80 million during the quarter, compared to analysts’ expectations of $114.30 million. During the same period in the previous year, the firm posted $0.21 earnings per share. The company’s revenue was down 3.0% on a year-over-year basis. analysts predict that Bridgepoint Education will post 0.64 EPS for the current fiscal year.

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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