Bridgepoint Education (BPI) Scheduled to Post Quarterly Earnings on Wednesday

Bridgepoint Education (NYSE:BPI) will issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of ($0.13) per share for the quarter.

Bridgepoint Education (NYSE BPI) opened at $7.18 on Wednesday. Bridgepoint Education has a twelve month low of $7.02 and a twelve month high of $15.85. The firm has a market cap of $209.93, a P/E ratio of 51.29, a P/E/G ratio of 1.48 and a beta of 2.06.

Bridgepoint Education declared that its Board of Directors has authorized a stock buyback plan on Friday, November 17th that allows the company to repurchase 2,100,000 outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through a private placement purchase. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

BPI has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Bridgepoint Education from a “hold” rating to a “buy” rating and set a $9.50 price objective on the stock in a report on Tuesday, January 16th. Piper Jaffray Companies restated a “hold” rating and issued a $13.00 price objective on shares of Bridgepoint Education in a report on Friday, October 27th. Finally, ValuEngine lowered shares of Bridgepoint Education from a “buy” rating to a “hold” rating in a report on Friday, February 2nd.

In other Bridgepoint Education news, Director Pincus Private Equity Warburg sold 7,562,890 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $7.90, for a total value of $59,746,831.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 41.50% of the company’s stock.

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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.

Earnings History for Bridgepoint Education (NYSE:BPI)

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