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Bridgepoint Education (NYSE:BPI) shares hit a new 52-week low during mid-day trading on Thursday , AmericanBankingNews.com reports. The stock traded as low as $11.83 and last traded at $12.02, with a volume of 97,138 shares changing hands. The stock had previously closed at $12.12.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Bridgepoint Education from a “neutral” rating to an “underperform” rating in a research note on Tuesday, July 15th. They now have a $12.40 price target on the stock. Separately, analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Bridgepoint Education in a research note on Tuesday, May 13th. They now have a $18.00 price target on the stock, down previously from $19.00. Finally, analysts at Deutsche Bank upgraded shares of Bridgepoint Education from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th. They now have a $14.00 price target on the stock, up previously from $13.00. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $16.10.

The stock has a 50-day moving average of $13.16 and a 200-day moving average of $15.30. The company has a market cap of $539.2 million and a price-to-earnings ratio of 66.59.

Bridgepoint Education (NYSE:BPI) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.09. The company had revenue of $160.50 million for the quarter, compared to the consensus estimate of $170.39 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was down 27.7% on a year-over-year basis. Analysts expect that Bridgepoint Education will post $0.33 EPS for the current fiscal year.

Bridgepoint Education, Inc (NYSE:BPI) is a provider of postsecondary education services.

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