Zacks: Analysts Set $14.00 Price Target for Bridgepoint Education Inc (BPI)
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.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Bridgepoint Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgepoint Education and related companies with MarketBeat.com's FREE daily email newsletter.