Weakness Seen in Bridgepoint Education (BPI): Stock Tumbles 8.9% - Tale of the Tape

Bridgepoint Education, Inc. BPI 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, Grand Canyon Education, Inc. LOPE and Strayer Education Inc. STRA. 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 >>




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
 
BRIDGEPOINT EDU BPI: Free Stock Analysis Report
 
DEVRY EDUCATION DV: Free Stock Analysis Report
 
GRAND CANYON ED LOPE: Free Stock Analysis Report
 
STRAYER EDUC STRA: Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!