Bridgepoint Education Inc. (BPI) Trading Down 3%
Bridgepoint Education Inc. (NYSE:BPI)’s share price traded down 3% during mid-day trading on Friday . The company traded as low as $7.36 and last traded at $7.42, with a volume of 58,102 shares trading hands. The stock had previously closed at $7.65.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Bridgepoint Education from a “buy” rating to a “hold” rating in a research note on Friday, May 6th. TheStreet downgraded shares of Bridgepoint Education from a “hold” rating to a “sell” rating in a research note on Monday, June 6th.
The firm’s 50 day moving average is $7.50 and its 200 day moving average is $8.14. The stock’s market capitalization is $343.62 million.
Bridgepoint Education (NYSE:BPI) last issued its earnings results on Tuesday, August 2nd. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The firm had revenue of $137.97 million for the quarter, compared to analysts’ expectations of $141.50 million. During the same period last year, the firm earned ($0.01) earnings per share. Bridgepoint Education’s revenue for the quarter was down 6.2% on a year-over-year basis. Analysts anticipate that Bridgepoint Education Inc. will post $0.22 EPS for the current year.
Bridgepoint Education, Inc (Bridgepoint) is a provider of postsecondary education services. The Company’s academic institutions include Ashford University and University of the Rockies, which offer associate’s, bachelor’s, master’s and doctoral programs online, as well as at the campuses located in Iowa and Colorado, respectively.
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