News stories about Bridgepoint Education (NYSE:BPI) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bridgepoint Education earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.0599825287486 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Bridgepoint Education (BPI) traded down 1.53% on Thursday, reaching $9.66. The company’s stock had a trading volume of 121,992 shares. Bridgepoint Education has a 12-month low of $6.34 and a 12-month high of $15.85. The stock’s market cap is $280.99 million. The company’s 50 day moving average price is $9.17 and its 200-day moving average price is $11.74.
Bridgepoint Education (NYSE:BPI) last released its quarterly earnings results on Wednesday, July 26th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.02). The firm had revenue of $124.58 million during the quarter, compared to analysts’ expectations of $127.00 million. Bridgepoint Education had a positive return on equity of 9.16% and a negative net margin of 1.39%. The business’s quarterly revenue was down 9.7% on a year-over-year basis. During the same quarter last year, the business earned $0.12 earnings per share. On average, equities analysts expect that Bridgepoint Education will post $0.64 EPS for the current year.
Several research analysts have weighed in on the company. Piper Jaffray Companies reissued a “hold” rating and issued a $16.00 price objective on shares of Bridgepoint Education in a research report on Friday, July 21st. BidaskClub cut Bridgepoint Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 6th. ValuEngine raised Bridgepoint Education from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. Finally, Zacks Investment Research cut Bridgepoint Education from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $14.00.
In other news, CEO Andrew S. Clark sold 54,075 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $8.83, for a total value of $477,482.25. Following the transaction, the chief executive officer now directly owns 146,806 shares in the company, valued at approximately $1,296,296.98. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Pincus Private Equity Warburg sold 2,075,395 shares of the firm’s stock in a transaction on Friday, August 18th. The stock was sold at an average price of $9.00, for a total value of $18,678,555.00. The disclosure for this sale can be found here. Company 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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