Bridgepoint Education Inc. Reaches New 12-Month High at $18.34 (BPI)
Bridgepoint Education (NYSE:BPI)’s share price reached a new 52-week high on Monday, AnalystRatings.NET reports. The company traded as high as $18.34 and last traded at $18.23, with a volume of 127,895 shares traded. The stock had previously closed at $18.21.
Separately, analysts at First Analysis upgraded shares of Bridgepoint Education from an “equal weight” rating to an “overweight” rating in a research note to investors on Wednesday, August 7th. They now have a $20.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Bridgepoint Education has an average rating of “Hold” and an average target price of $12.83.
Bridgepoint Education has a one year low of $8.51 and a one year high of $18.28. The stock has a 50-day moving average of $17.4 and a 200-day moving average of $14.03. The company has a market cap of $989.5 million and a P/E ratio of 11.84.
Bridgepoint Education (NYSE:BPI) last announced its earnings results on Tuesday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. The company had revenue of $197.60 million for the quarter, compared to the consensus estimate of $200.16 million. During the same quarter last year, the company posted $0.84 earnings per share. Bridgepoint Education’s revenue was down 22.9% compared to the same quarter last year. On average, analysts predict that Bridgepoint Education will post $1.05 earnings per share for the current fiscal year.
Bridgepoint Education, Inc (NYSE:BPI) is a provider of postsecondary education services.
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