Barrington Research Comments on Bridgepoint Education Inc’s Q1 2019 Earnings (BPI)

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Bridgepoint Education Inc (NYSE:BPI) – Analysts at Barrington Research issued their Q1 2019 earnings per share estimates for Bridgepoint Education in a research note issued to investors on Monday, December 17th. Barrington Research analyst A. Paris. Jr forecasts that the company will post earnings per share of $0.06 for the quarter. Barrington Research has a “Buy” rating and a $15.00 price objective on the stock. Barrington Research also issued estimates for Bridgepoint Education’s Q2 2019 earnings at $0.45 EPS.

BPI has been the topic of several other reports. Zacks Investment Research upgraded shares of Bridgepoint Education from a “hold” rating to a “strong-buy” rating and set a $9.25 target price on the stock in a report on Tuesday, November 13th. TheStreet lowered shares of Bridgepoint Education from a “b-” rating to a “c+” rating in a report on Tuesday, November 27th. Finally, ValuEngine lowered shares of Bridgepoint Education from a “sell” rating to a “strong sell” rating in a report on Saturday, November 10th.

BPI opened at $7.54 on Wednesday. The firm has a market capitalization of $206.28 million, a price-to-earnings ratio of 12.78, a PEG ratio of 1.07 and a beta of 2.24. Bridgepoint Education has a twelve month low of $5.31 and a twelve month high of $13.63.

Bridgepoint Education (NYSE:BPI) last posted its earnings results on Thursday, November 8th. The company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.07. The company had revenue of $114.86 million for the quarter, compared to analyst estimates of $117.25 million. Bridgepoint Education had a net margin of 3.96% and a return on equity of 13.35%. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period last year, the business posted $0.25 earnings per share.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its position in shares of Bridgepoint Education by 5.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,234,399 shares of the company’s stock valued at $22,701,000 after acquiring an additional 109,658 shares during the period. Nantahala Capital Management LLC grew its position in shares of Bridgepoint Education by 200.5% in the 2nd quarter. Nantahala Capital Management LLC now owns 2,126,338 shares of the company’s stock valued at $13,885,000 after acquiring an additional 1,418,699 shares during the period. Renaissance Technologies LLC grew its position in shares of Bridgepoint Education by 36.2% in the 3rd quarter. Renaissance Technologies LLC now owns 1,490,957 shares of the company’s stock valued at $15,148,000 after acquiring an additional 396,399 shares during the period. Vanguard Group Inc. grew its position in shares of Bridgepoint Education by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 1,216,242 shares of the company’s stock valued at $12,357,000 after acquiring an additional 13,355 shares during the period. Finally, Vanguard Group Inc grew its position in shares of Bridgepoint Education by 1.1% in the 3rd quarter. Vanguard Group Inc now owns 1,216,242 shares of the company’s stock valued at $12,357,000 after acquiring an additional 13,355 shares during the period. 82.26% of the stock is owned by institutional investors.

Bridgepoint Education Company Profile

Bridgepoint Education, Inc, together with its subsidiaries, provides postsecondary education services in the United States. Its academic institutions, Ashford University and University of the Rockies, offer associate's, bachelor's, master's, and doctoral degree programs in the disciplines of business, education, psychology, social sciences, and health sciences.

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Earnings History and Estimates for Bridgepoint Education (NYSE:BPI)

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