Bridgepoint Group (LON:BPT) Trading 0.5% Higher - Here's What Happened

Key Points

• Shares rose 0.5% to GBX 258.18 (intraday high GBX 262) on Tuesday, but trading volume was down about 74% versus the average session.
• Analysts remain broadly positive: Citigroup cut its price target from GBX 415 to GBX 395 but kept a "buy" rating, and the consensus from three analysts is a Moderate Buy with an average target of GBX 385.
• Insider Michelle Scrimgeour bought 21,616 shares at GBX 230 (≈£49,716.80), insider ownership is 0.60%, and the company has a market cap of £2.26bn with a reported quarterly EPS of GBX 26.50 and a P/E of 52.69.

Bridgepoint Group plc (LON:BPT - Get Free Report) shares traded up 0.5% on Tuesday . The company traded as high as GBX 262 and last traded at GBX 258.18. 1,424,995 shares traded hands during trading, a decline of 74% from the average session volume of 5,465,119 shares. The stock had previously closed at GBX 257.02.

Analysts Set New Price Targets

Separately, Citigroup cut their price target on Bridgepoint Group from GBX 415 to GBX 395 and set a "buy" rating on the stock in a report on Tuesday, April 14th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 385.

Bridgepoint Group Stock Performance

The stock has a market cap of £2.26 billion, a P/E ratio of 52.69, a PEG ratio of 0.61 and a beta of 1.35. The company has a fifty day moving average of GBX 244.67 and a 200 day moving average of GBX 269.42. The company has a debt-to-equity ratio of 55.04, a current ratio of 279.03 and a quick ratio of 3.60.

Bridgepoint Group (LON:BPT - Get Free Report) last announced its earnings results on Thursday, March 12th. The company reported GBX 26.50 EPS for the quarter. Bridgepoint Group had a return on equity of 4.25% and a net margin of 7.68%. On average, equities analysts predict that Bridgepoint Group plc will post 17.4062165 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Michelle Scrimgeour bought 21,616 shares of the company's stock in a transaction that occurred on Thursday, March 12th. The shares were purchased at an average price of GBX 230 per share, with a total value of £49,716.80. 0.60% of the stock is currently owned by insiders.

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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