Bridgepoint Education, Inc. (NYSE:BPI) has been given a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

Analysts have set a 1-year consensus price objective of $15.00 for the company and are anticipating that the company will post ($0.12) EPS for the current quarter, according to Zacks. Zacks has also assigned Bridgepoint Education an industry rank of 69 out of 265 based on the ratings given to related companies.

Several equities research analysts recently issued reports on BPI shares. Zacks Investment Research upgraded shares of Bridgepoint Education from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. Piper Jaffray Companies restated a “hold” rating and set a $14.00 price objective on shares of Bridgepoint Education in a research report on Friday, July 28th. ValuEngine cut shares of Bridgepoint Education from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, BidaskClub cut shares of Bridgepoint Education from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th.

Bridgepoint Education (BPI) traded down $0.15 during trading hours on Tuesday, hitting $9.23. 563,000 shares of the stock traded hands, compared to its average volume of 198,457. The stock has a market capitalization of $273.67, a P/E ratio of 13.79, a P/E/G ratio of 1.56 and a beta of 2.21. Bridgepoint Education has a 12-month low of $8.26 and a 12-month high of $15.85.

Bridgepoint Education (NYSE:BPI) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $0.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.01. The firm had revenue of $119.40 million for the quarter, compared to the consensus estimate of $121.95 million. Bridgepoint Education had a net margin of 0.49% and a return on equity of 12.78%. The company’s revenue for the quarter was down 12.6% on a year-over-year basis. During the same period last year, the firm posted $0.09 earnings per share. analysts forecast that Bridgepoint Education will post 0.6 earnings per share for the current year.

WARNING: “Zacks: Bridgepoint Education, Inc. (BPI) Given Consensus Recommendation of “Buy” by Brokerages” was published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/11/14/zacks-bridgepoint-education-inc-bpi-given-consensus-recommendation-of-buy-by-brokerages.html.

In related news, Director Pincus Private Equity Warburg sold 2,075,395 shares of the firm’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $9.00, for a total transaction of $18,678,555.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 41.50% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Schwab Charles Investment Management Inc. increased its position in shares of Bridgepoint Education by 0.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 84,063 shares of the company’s stock valued at $1,241,000 after acquiring an additional 399 shares during the last quarter. American International Group Inc. increased its position in shares of Bridgepoint Education by 7.1% during the first quarter. American International Group Inc. now owns 10,991 shares of the company’s stock valued at $117,000 after acquiring an additional 728 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Bridgepoint Education by 7.0% during the second quarter. The Manufacturers Life Insurance Company now owns 16,403 shares of the company’s stock valued at $242,000 after acquiring an additional 1,071 shares during the last quarter. Valley National Advisers Inc. increased its position in shares of Bridgepoint Education by 21.9% during the second quarter. Valley National Advisers Inc. now owns 13,480 shares of the company’s stock valued at $199,000 after acquiring an additional 2,420 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Bridgepoint Education by 4.0% during the first quarter. Bank of New York Mellon Corp now owns 86,258 shares of the company’s stock valued at $921,000 after acquiring an additional 3,292 shares during the last quarter. Institutional investors and hedge funds own 91.33% 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.

Get a free copy of the Zacks research report on Bridgepoint Education (BPI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Bridgepoint Education Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgepoint Education Inc. and related companies with MarketBeat.com's FREE daily email newsletter.