Blue Bird CorpBLBD
Market Cap: $1.5B
About: Blue Bird Corp is an American bus manufacturing company. It has its operations in two segments. The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. It carries its operations in the United States, Canada, and the rest of the world. The majority of its sales are derived from the United States through its bus manufacturing business.
Employees: 1,830
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
241% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 22
33% more capital invested
Capital invested by funds: $1.14B [Q1] → $1.51B (+$372M) [Q2]
29% more funds holding
Funds holding: 185 [Q1] → 238 (+53) [Q2]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]
5.29% less ownership
Funds ownership: 92.07% [Q1] → 86.77% (-5.29%) [Q2]
20% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $15.2M
21% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 85
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
DA Davidson Michael Shlisky 26% 1-year accuracy 6 / 23 met price target | 45%upside $67 | Buy Maintained | 9 Aug 2024 |
Barclays Adam Seiden 73% 1-year accuracy 11 / 15 met price target | 17%upside $54 | Overweight Maintained | 9 Aug 2024 |
B of A Securities Sherif El-Sabbahy 75% 1-year accuracy 6 / 8 met price target | 42%upside $66 | Buy Maintained | 8 Aug 2024 |
Needham Chris Pierce 35% 1-year accuracy 19 / 54 met price target | 40%upside $65 | Buy Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 16 articles about BLBD published over the past 30 days