Blue Bird (BLBD) Stock Price, News & Analysis

Company Overview

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. The company also sells replacement bus parts; and provides financing services and extended warranties related to its products. Blue Bird Corporation sells its products through drop ship and a network of dealers, as well as directly to fleet operators, the United States government, and state governments; independent service centers; and maintains a parts distribution center. Blue Bird Corporation was founded in 1927 and is headquartered in Macon, Georgia.

Key Stats

• Today's Range: $41.86 to $43.25
• 50-Day Range: $41.16 to $54.51
• 52-Week Range: $17.59 to $59.40
• Volume: 411,016 shs
• Average Volume: 581,318 shs
• Market Capitalization: $1.36 billion
• P/E Ratio: 13.88
• Dividend Yield: N/A
• Price Target: $61.00
• Consensus Rating: Moderate Buy

Blue Bird Stock Analysis - MarketRank™

Blue Bird scored higher than 99% of companies evaluated by MarketBeat, and ranked 5th out of 93 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Blue Bird has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Blue Bird has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 9.01%

Earnings Growth

Earnings for Blue Bird are expected to grow by 9.01% in the coming year, from $3.22 to $3.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Blue Bird is 13.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of Blue Bird is 13.88, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 13.86.

Price to Earnings Growth Ratio

Blue Bird has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Blue Bird has a P/B Ratio of 33.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.19% of the outstanding shares of Blue Bird have been sold short.

Short Interest Ratio / Days to Cover

Blue Bird has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Blue Bird has recently decreased by 10.47%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Blue Bird does not currently pay a dividend.

Dividend Growth

Blue Bird does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.7 / 5
• Environmental Score: -5.30

Percentage of Shares Shorted

8.19% of the outstanding shares of Blue Bird have been sold short.

Short Interest Ratio / Days to Cover

Blue Bird has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Blue Bird has recently decreased by 10.47%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.53

News Sentiment

Blue Bird has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Blue Bird this week, compared to 6 articles on an average week.

Search Interest

Only 11 people have searched for BLBD on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.

MarketBeat Follows

13 people have added Blue Bird to their MarketBeat watchlist in the last 30 days. This is an increase of 44% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Blue Bird insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,725,146.00 in company stock.

Percentage Held by Insiders

Only 2.10% of the stock of Blue Bird is held by insiders.

Percentage Held by Institutions

93.59% of the stock of Blue Bird is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BLBD Stock Analysis - Frequently Asked Questions

How have BLBD shares performed this year?

Blue Bird's stock was trading at $26.96 on January 1st, 2024. Since then, BLBD shares have increased by 56.0% and is now trading at $42.07.
View the best growth stocks for 2024 here.

How were Blue Bird's earnings last quarter?

Blue Bird Co. (NASDAQ:BLBD) announced its earnings results on Wednesday, August, 7th. The company reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.42. The company earned $333.37 million during the quarter, compared to analysts' expectations of $330 million. Blue Bird had a net margin of 7.65% and a trailing twelve-month return on equity of 116.23%.

Who are Blue Bird's major shareholders?

Top institutional investors of Blue Bird include Deroy & Devereaux Private Investment Counsel Inc. (1.97%), North Star Investment Management Corp. (0.51%), Rice Hall James & Associates LLC (0.45%) and Raymond James & Associates (0.34%). Insiders that own company stock include Phil Horlock, Razvan Radulescu, Britton Smith, Ted Scartz, Gurminder S Bedi, Coliseum Capital Management, L, Asp Bb Holdings Llc and Paul Yousif.
View institutional ownership trends.

How do I buy shares of Blue Bird?

Shares of BLBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Blue Bird own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Blue Bird investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 11/02/2024
• Next Earnings (Estimated): 12/09/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Truck & bus bodies
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:BLBD
• CUSIP: N/A
• CIK: 1589526
• Web: www.blue-bird.com
• Phone: (478) 822-2801
• Fax: N/A
• Employees: 1,830
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $61.00
• High Stock Price Target: $72.00
• Low Stock Price Target: $48.00
• Potential Upside/Downside: +45.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.03
• Trailing P/E Ratio: 13.88
• Forward P/E Ratio: 13.07
• P/E Growth: 0.21
• Net Income: $23.81 million
• Net Margins: 7.65%
• Pretax Margin: 9.64%
• Return on Equity: 116.23%
• Return on Assets: 23.50%

Debt

• Debt-to-Equity Ratio: 0.66
• Current Ratio: 1.40
• Quick Ratio: 0.66

Sales & Book Value

• Annual Sales: $1.30 billion
• Price / Sales: 1.05
• Cash Flow: $1.48 per share
• Price / Cash Flow: 28.41
• Book Value: $1.24 per share
• Price / Book: 33.93

Miscellaneous

• Outstanding Shares: 32,356,000
• Free Float: 31,677,000
• Market Cap: $1.36 billion
• Optionable: Optionable
• Beta: 1.60