Back to top

Tale of the Tape

Zacks Equity Research

Weakness Seen in Bridgepoint Education (BPI): Stock Tumbles 8.9%
May 13, 2014


Save at Trade
Bridgepoint Education, Inc. (BPI - Snapshot Report) saw a big move on Friday, as the company’s shares fell nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for BPI, as the stock is now down around 0.4% in the past one-month time frame.

The company which provides postsecondary education services has seen a mixed track record, as current year estimates witnessed no revision over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

BPI currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the same sector include DeVry Education Group Inc. (DV - Analyst Report), Grand Canyon Education, Inc. (LOPE - Snapshot Report) and Strayer Education Inc. (STRA - Analyst Report). All these stocks hold a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>