Bridgepoint Education Inc. (NYSE:BPI) – Analysts at Barrington Research upped their FY2016 earnings per share (EPS) estimates for Bridgepoint Education in a research report issued on Wednesday. Barrington Research analyst A. Paris. Jr now forecasts that the firm will earn $0.22 per share for the year, up from their previous estimate of $0.21. Barrington Research also issued estimates for Bridgepoint Education’s FY2017 earnings at $0.20 EPS.

Separately, Zacks Investment Research cut shares of Bridgepoint Education from a “hold” rating to a “sell” rating in a research note on Thursday, August 4th.

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

Shares of Bridgepoint Education (NYSE:BPI) opened at 8.82 on Thursday. The company’s 50-day moving average price is $6.88 and its 200 day moving average price is $7.53. Bridgepoint Education has a 52 week low of $5.38 and a 52 week high of $10.93. The firm’s market cap is $408.45 million.

Bridgepoint Education (NYSE:BPI) last issued its quarterly earnings data on Tuesday, November 8th. The company reported $0.09 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.09. The business had revenue of $136.58 million for the quarter, compared to the consensus estimate of $134.73 million. Bridgepoint Education had a positive return on equity of 3.69% and a negative net margin of 4.26%. The firm’s revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 EPS.

Several hedge funds have recently modified their holdings of BPI. Nationwide Fund Advisors boosted its stake in shares of Bridgepoint Education by 102.9% in the second quarter. Nationwide Fund Advisors now owns 40,982 shares of the company’s stock valued at $297,000 after buying an additional 20,785 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Bridgepoint Education by 18.8% in the second quarter. Schroder Investment Management Group now owns 573,457 shares of the company’s stock valued at $4,152,000 after buying an additional 90,707 shares in the last quarter. Alambic Investment Management L.P. boosted its stake in shares of Bridgepoint Education by 8.8% in the second quarter. Alambic Investment Management L.P. now owns 127,002 shares of the company’s stock valued at $919,000 after buying an additional 10,285 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Bridgepoint Education by 8.5% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 292,613 shares of the company’s stock valued at $2,118,000 after buying an additional 22,997 shares in the last quarter. Finally, GSA Capital Partners LLP boosted its stake in shares of Bridgepoint Education by 15.8% in the second quarter. GSA Capital Partners LLP now owns 177,090 shares of the company’s stock valued at $1,282,000 after buying an additional 24,098 shares in the last quarter. 95.03% of the stock is currently owned by institutional investors.

Bridgepoint Education Company Profile

Bridgepoint Education, Inc (Bridgepoint) is a provider of postsecondary education services. The Company’s academic institutions include Ashford University and University of the Rockies, which offer associate’s, bachelor’s, master’s and doctoral programs online, as well as at the campuses located in Iowa and Colorado, respectively.

5 Day Chart for NYSE:BPI

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