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

Bridgepoint Group plc (LON:BPT)’s share price traded down 11.6% during trading on Tuesday . The stock traded as low as GBX 247.20 ($3.15) and last traded at GBX 247.80 ($3.15). 97,968,586 shares were traded during mid-day trading, an increase of 1,929% from the average session volume of 4,828,735 shares. The stock had previously closed at GBX 280.40 ($3.57).

Wall Street Analysts Forecast Growth

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

Bridgepoint Group Trading Up 3.2 %

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 has a market cap of £2.11 billion, a P/E ratio of 46.47, a price-to-earnings-growth ratio of 0.61 and a beta of 1.72. The business’s fifty day simple moving average is GBX 349.90 and its 200 day simple moving average is GBX 345.50.

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

Bridgepoint Group Dividend Announcement

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