Bridgepoint Education, Inc. (NYSE:BPI) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, July 26th. Analysts expect Bridgepoint Education to post earnings of $0.23 per share for the quarter.
Bridgepoint Education (NYSE:BPI) last issued its earnings results on Tuesday, May 2nd. The company reported $0.23 earnings per share (EPS) for the quarter. Bridgepoint Education had a positive return on equity of 7.58% and a negative net margin of 1.92%. The business had revenue of $129.49 million during the quarter, compared to the consensus estimate of $125 million. On average, analysts expect Bridgepoint Education to post $0.61 EPS for the current fiscal year and $0.55 EPS for the next fiscal year.
Shares of Bridgepoint Education, Inc. (NYSE:BPI) opened at 13.14 on Tuesday. Bridgepoint Education, Inc. has a 52 week low of $5.38 and a 52 week high of $15.85. The firm’s market capitalization is $378.26 million. The firm has a 50 day moving average price of $14.07 and a 200-day moving average price of $12.10.
Several research firms recently commented on BPI. Piper Jaffray Companies restated a “hold” rating and issued a $16.00 target price on shares of Bridgepoint Education in a research report on Friday. BidaskClub cut Bridgepoint Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 6th. Finally, Zacks Investment Research cut Bridgepoint Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th.
In other news, CEO Andrew S. Clark sold 54,076 shares of Bridgepoint Education stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of $13.86, for a total transaction of $749,493.36. Following the transaction, the chief executive officer now directly owns 146,807 shares in the company, valued at approximately $2,034,745.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Russell Sakamoto sold 5,796 shares of Bridgepoint Education stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $14.89, for a total value of $86,302.44. Following the transaction, the insider now owns 14,885 shares in the company, valued at $221,637.65. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 64,096 shares of company stock worth $899,578. 41.50% of the stock is owned by insiders.
Bridgepoint Education Company Profile
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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