Blue Bird (BLBD) Expected to Announce Quarterly Earnings on Wednesday

Blue Bird (NASDAQ:BLBD - Get Free Report) is expected to release its earnings data after the market closes on Wednesday, February 5th. Analysts expect Blue Bird to post earnings of $0.83 per share and revenue of $308.31 million for the quarter. Blue Bird has set its FY 2025 guidance at EPS.Persons interested in registering for the company's earnings conference call can do so using this link.

Blue Bird (NASDAQ:BLBD - Get Free Report) last announced its earnings results on Monday, November 25th. The company reported $0.73 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.73. Blue Bird had a net margin of 7.83% and a return on equity of 91.12%.

Blue Bird Price Performance

Shares of Blue Bird stock traded down $0.55 during midday trading on Friday, reaching $35.62. The company had a trading volume of 1,190,770 shares, compared to its average volume of 580,371. The stock has a fifty day simple moving average of $40.41 and a 200 day simple moving average of $44.37. Blue Bird has a 1-year low of $28.81 and a 1-year high of $59.40. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 11.20, a price-to-earnings-growth ratio of 0.95 and a beta of 1.58.

Insider Activity at Blue Bird

In related news, CFO Razvan Radulescu sold 19,171 shares of the business's stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $42.89, for a total value of $822,244.19. Following the completion of the transaction, the chief financial officer now directly owns 89,347 shares in the company, valued at approximately $3,832,092.83. The trade was a 17.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BLBD. Craig Hallum upped their price target on Blue Bird from $68.00 to $71.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. StockNews.com raised shares of Blue Bird from a "hold" rating to a "buy" rating in a research note on Tuesday, December 24th. BTIG Research assumed coverage on shares of Blue Bird in a research note on Wednesday, October 9th. They set a "buy" rating and a $55.00 price target for the company. Bank of America reduced their price objective on shares of Blue Bird from $66.00 to $63.50 and set a "buy" rating on the stock in a research note on Tuesday, November 26th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $66.00 target price on shares of Blue Bird in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $60.64.

Blue Bird Company Profile

Blue Bird Corporation, together with its subsidiaries, designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally. The company operates through two segments, Bus and Parts. It offers Type C, Type D, and specialty buses; and alternative power options through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses, as well as diesel engines.