Bridgepoint Education Price Target Lowered to $13.00 at Deutsche Bank (BPI)
Research analysts at Deutsche Bank decreased their price objective on shares of Bridgepoint Education (NYSE:BPI) from $14.00 to $13.00 in a report released on Friday. Deutsche Bank’s price objective would suggest a potential downside of 4.55% from the company’s current price.
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.
Bridgepoint Education (NYSE:BPI) opened at 13.62 on Friday. Bridgepoint Education has a 52 week low of $11.80 and a 52 week high of $20.33. The stock’s 50-day moving average is $12.88 and its 200-day moving average is $15.09. The company has a market cap of $616.4 million and a price-to-earnings ratio of 42.08.
Bridgepoint Education (NYSE:BPI) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.28 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.14. The company had revenue of $171.50 million for the quarter, compared to the consensus estimate of $168.88 million. During the same quarter last year, the company posted $0.25 earnings per share. Bridgepoint Education’s revenue was down 11.4% compared to the same quarter last year. On average, analysts predict that Bridgepoint Education will post $0.36 earnings per share for the current fiscal year.
Bridgepoint Education, Inc (NYSE:BPI) is a provider of postsecondary education services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.