Media stories about Bridgepoint Education (NYSE:BPI) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Bridgepoint Education earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.6595455881808 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Bridgepoint Education (BPI) traded up 3.28% on Tuesday, reaching $8.81. 327,533 shares of the company were exchanged. The firm’s 50 day moving average price is $9.53 and its 200 day moving average price is $11.83. Bridgepoint Education has a 52 week low of $6.34 and a 52 week high of $15.85. The stock’s market capitalization is $256.27 million.
Bridgepoint Education (NYSE:BPI) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). Bridgepoint Education had a positive return on equity of 9.16% and a negative net margin of 1.39%. The firm had revenue of $124.58 million during the quarter, compared to analysts’ expectations of $127.00 million. During the same period in the previous year, the firm earned $0.12 EPS. The firm’s quarterly revenue was down 9.7% on a year-over-year basis. Equities research analysts anticipate that Bridgepoint Education will post $0.64 EPS for the current year.
A number of equities research analysts have recently commented on the stock. Piper Jaffray Companies reiterated a “hold” rating and set a $14.00 price target on shares of Bridgepoint Education in a report on Friday, July 28th. Zacks Investment Research upgraded shares of Bridgepoint Education from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. BidaskClub cut shares of Bridgepoint Education from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Finally, ValuEngine cut shares of Bridgepoint Education from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Bridgepoint Education has an average rating of “Hold” and a consensus price target of $14.00.
In other Bridgepoint Education news, CEO Andrew S. Clark sold 54,075 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $8.83, for a total transaction of $477,482.25. Following the sale, the chief executive officer now owns 146,806 shares of the company’s stock, valued at approximately $1,296,296.98. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Pincus Private Equity Warburg sold 2,075,395 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $9.00, for a total transaction of $18,678,555.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,183,546 shares of company stock worth $19,905,531. Insiders own 41.50% of the company’s stock.
About Bridgepoint Education
Bridgepoint Education, Inc (Bridgepoint) is a provider of postsecondary education services. The Company’s academic institutions include Ashford University and University of the Rockies. Bridgepoint’s institutions conduct ongoing faculty and student assessment processes, and provide a range of student services.
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