Bridgepoint Group (LON:BPT) Stock Price Down 11.6% – Should You Sell?

Shares of Bridgepoint Group plc (LON:BPT) dropped 11.6% during mid-day trading on Tuesday . The company 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 mid-day 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 shares of Bridgepoint Group to a “buy” rating and set a GBX 410 ($5.22) price objective for the company in a research note on Thursday, March 20th.

Bridgepoint Group Price Performance

The stock has a market cap of £2.09 billion, a P/E ratio of 46.00, a P/E/G ratio of 0.61 and a beta of 1.72. The business has a 50 day simple moving average of GBX 349.90 and a 200-day simple moving average of GBX 345.50. The company has a debt-to-equity ratio of 12.89, a quick ratio of 3.60 and a current ratio of 4.98.

Bridgepoint Group (LON:BPT) last released its earnings results on Thursday, March 13th. The company reported GBX 19.50 ($0.25) 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, sell-side analysts forecast that Bridgepoint Group plc will post 17.4062165 EPS for the current year.

Bridgepoint Group Dividend Announcement

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