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.
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.
ILLEGAL ACTIVITY WARNING: “Bridgepoint Education (BPI) Scheduled to Post Quarterly Earnings on Wednesday” was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2018/02/14/bridgepoint-education-bpi-scheduled-to-post-quarterly-earnings-on-wednesday.html.
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.
Receive News & Ratings for Bridgepoint Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgepoint Education and related companies with MarketBeat.com's FREE daily email newsletter.