Blue Bird CorpBLBD
About: Blue Bird Corp is an American bus manufacturing company. It is an independent designer and manufacturer of school buses. The company operates in two segments; the Bus segment which 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. Geographically, the company generates a majority of its revenue from its customers in the United States and the rest from Canada and Rest of the world.
Employees: 1,948
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 76
34% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 38
5% more funds holding
Funds holding: 239 [Q2] → 252 (+13) [Q3]
3.42% more ownership
Funds ownership: 89.22% [Q2] → 92.64% (+3.42%) [Q3]
8% less capital invested
Capital invested by funds: $1.55B [Q2] → $1.43B (-$118M) [Q3]
31% less call options, than puts
Call options by funds: $5.49M | Put options by funds: $7.89M
67% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 2 (-4) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Needham Chris Pierce 52% 1-year accuracy 33 / 64 met price target | 68%upside $66 | Buy Reiterated | 13 Dec 2024 |
B of A Securities Sherif El-Sabbahy 44% 1-year accuracy 4 / 9 met price target | 61%upside $64 | Buy Maintained | 26 Nov 2024 |
Craig-Hallum Eric Stine 41% 1-year accuracy 12 / 29 met price target | 80%upside $71 | Buy Maintained | 26 Nov 2024 |
BTIG Gregory Lewis 47% 1-year accuracy 23 / 49 met price target | 40%upside $55 | Buy Initiated | 9 Oct 2024 |
Roth MKM Craig Irwin 29% 1-year accuracy 8 / 28 met price target | 22%upside $48 | Neutral Downgraded | 3 Oct 2024 |
Financial journalist opinion
Based on 23 articles about BLBD published over the past 30 days