Bridgepoint Group (LON:BPT) Stock Price Down 11.6% – Here’s Why

Bridgepoint Group plc (LON:BPT) dropped 11.6% on Monday . The stock traded as low as GBX 247.20 ($3.15) and last traded at GBX 247.80 ($3.15). Approximately 97,968,586 shares were traded during trading, an increase of 1,929% from the average daily volume of 4,828,735 shares. The stock had previously closed at GBX 280.40 ($3.57).

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded Bridgepoint Group to a “buy” rating and set a GBX 410 ($5.22) price target on the stock in a research note on Thursday, March 20th.

Bridgepoint Group Stock Performance

The firm has a market capitalization of £2.05 billion, a price-to-earnings ratio of 45.02, a PEG ratio of 0.61 and a beta of 1.72. 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 stock’s 50-day moving average is GBX 349.90 and its 200-day moving average is GBX 345.50.

Bridgepoint Group (LON:BPT) last announced its quarterly earnings results on Thursday, March 13th. The company reported GBX 19.50 ($0.25) earnings per share (EPS) for the quarter. Bridgepoint Group had a net margin of 16.74% and a return on equity of 6.10%. On average, analysts predict that Bridgepoint Group plc will post 17.4062165 EPS for the current fiscal year.

Bridgepoint Group Dividend Announcement

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