Blue Bird (BLBD) Projected to Post Earnings on Wednesday

Blue Bird (NASDAQ:BLBD - Get Free Report) is anticipated to release its Q1 2025 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.Individual that are interested in participating in the company's earnings conference call can do so using this link.

Blue Bird (NASDAQ:BLBD - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.03. Blue Bird had a net margin of 7.83% and a return on equity of 91.12%.

Blue Bird Stock Up 4.2 %

Shares of NASDAQ BLBD traded up $1.50 during mid-day trading on Thursday, reaching $37.23. 1,845,395 shares of the company's stock traded hands, compared to its average volume of 792,425. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.37 and a quick ratio of 0.83. The business has a 50-day simple moving average of $40.06 and a 200 day simple moving average of $44.06. The stock has a market cap of $1.20 billion, a P/E ratio of 11.71, a PEG ratio of 0.90 and a beta of 1.56. Blue Bird has a 1-year low of $29.00 and a 1-year high of $59.40.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BLBD. Craig Hallum lifted 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 upgraded Blue Bird from a "hold" rating to a "buy" rating in a report on Tuesday, December 24th. BTIG Research began coverage on shares of Blue Bird in a report on Wednesday, October 9th. They issued a "buy" rating and a $55.00 price target on the stock. Needham & Company LLC decreased their price objective on shares of Blue Bird from $66.00 to $49.00 and set a "buy" rating for the company in a report on Thursday. Finally, Bank of America dropped their target price 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. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $58.21.

Insider Activity

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 sale, the chief financial officer now owns 89,347 shares in the company, valued at $3,832,092.83. The trade was a 17.67 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.10% of the stock is owned by company insiders.

About Blue Bird

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.