Bridgepoint Group (LON:BPT) Stock Price Up 0.7% - What's Next?

Bridgepoint Group plc (LON:BPT - Get Free Report)'s share price rose 0.7% on Tuesday . The stock traded as high as GBX 296.80 ($3.95) and last traded at GBX 294 ($3.91). Approximately 265,272 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 2,673,160 shares. The stock had previously closed at GBX 292 ($3.89).

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of Bridgepoint Group to a "buy" rating and set a GBX 410 ($5.46) price objective for the company in a research note on Thursday, March 20th.

Bridgepoint Group Stock Up 0.7%

The company has a current ratio of 4.98, a quick ratio of 3.60 and a debt-to-equity ratio of 12.89. The firm's 50 day simple moving average is GBX 290 and its two-hundred day simple moving average is GBX 331.69. The firm has a market cap of £2.43 billion, a price-to-earnings ratio of 53.41, a PEG ratio of 0.61 and a beta of 1.72.

Bridgepoint Group (LON:BPT - Get Free Report) last issued its quarterly earnings data on Thursday, March 13th. The company reported GBX 19.50 ($0.26) earnings per share for the quarter. Bridgepoint Group had a net margin of 16.74% and a return on equity of 6.10%. On average, equities analysts forecast that Bridgepoint Group plc will post 17.4062165 EPS for the current year.

Bridgepoint Group Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 24th will be given a GBX 4.60 ($0.06) dividend. This represents a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, April 24th. Bridgepoint Group's payout ratio is presently 163.50%.

Bridgepoint Group Company Profile

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.

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