Blue Bird CorpBLBD
BLBD
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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
150% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 5 (+3) [Q4]
34% more call options, than puts
Call options by funds: $12.4M | Put options by funds: $9.24M
19% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 73
12.76% more ownership
Funds ownership: 93.59% [Q3] → 106.35% (+12.76%) [Q4]
8% less capital invested
Capital invested by funds: $1.45B [Q3] → $1.33B (-$122M) [Q4]
10% less funds holding
Funds holding: 253 [Q3] → 228 (-25) [Q4]
28% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 65
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$49
40%
upside
Avg. target
$61
74%
upside
High target
$71
102%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Needham Chris Pierce 59% 1-year accuracy 44 / 75 met price target | 40%upside $49 | Buy Maintained | 6 Feb 2025 |
B of A Securities Sherif El-Sabbahy 44% 1-year accuracy 4 / 9 met price target | 81%upside $64 | Buy Maintained | 26 Nov 2024 |
Craig-Hallum Eric Stine 37% 1-year accuracy 11 / 30 met price target | 102%upside $71 | Buy Maintained | 26 Nov 2024 |
Financial journalist opinion
Based on 17 articles about BLBD published over the past 30 days
Positive
Seeking Alpha
20 hours ago
Blue Bird Corporation: An Opportunity To Hitch A Ride To Strong Upside
Blue Bird Corporation is a compelling investment due to its focus on electric school buses and attractive stock valuation despite recent performance setbacks. Short-term revenue decline is attributed to supply chain issues, but profitability improved due to lower interest expenses and state emissions credit sales. Management forecasts significant growth in electric bus deliveries and overall revenue, projecting strong future financial performance and valuation upside.
Positive
Zacks Investment Research
1 day ago
Bet on Winning DuPont Analysis & Pick 3 Top Stocks
Do you have more faith in DuPont analysis than simple ROE calculation? Tap EverQuote (EVER), Blue Bird (BLBD) and Sprouts Farmers Market (SFM).
Negative
Seeking Alpha
4 days ago
Blue Bird: No Floor In Sight - Pending Further Policy Clarity (Rating Downgrade)
Blue Bird is likely to remain volatile in the near term, despite the double beat FQ1'25 earnings call and the management's reiterated FY2025 guidance. This is attributed to the lack of clarity surrounding the disbursement of federal funding for the Clean School Bus Program, despite a Federal Judge's issuance of a temporary restraining order. This development may also be why BLBD has lowered its FY2025 EV sales guidance, with it underscoring why the stock has been sold off as it has.
Neutral
Seeking Alpha
1 week ago
Blue Bird Stock Is A Bargain, Not A Value Trap
Blue Bird Corporation remains a “Strong Buy” due to its solid backlog, strong funding, and undervaluation, despite recent stock price underperformance. The company reported strong Q1 FY2025 results, with $313.9 million in sales and $45.6 million in adjusted EBITDA, beating internal and consensus estimates. Management's guidance suggests continued growth, targeting 14.5-15% adjusted EBITDA margin by 2028, supported by increasing EV orders and strategic price adjustments.
Negative
Zacks Investment Research
1 week ago
Brokers Suggest Investing in Blue Bird (BLBD): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Positive
Zacks Investment Research
1 week ago
Should Value Investors Buy Blue Bird (BLBD) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
1 week ago
Is BLBD Stock a Buy on Q1 Earnings Beat & Rising EPS Estimates?
Blue Bird tops Q1 earnings estimates on strong demand and a robust backlog. But will policy risks derail its momentum?
Positive
Seeking Alpha
1 week ago
Blue Bird: Past Underperformance, But Long-Term Potential Is Too Good To Ignore - Reiterating Buy
Blue Bird experienced a slight topline contraction due to a decrease in EV share in total volumes during the first quarter. Expected growth in EV sales with resumed funding and related grants and a robust overall demand environment should drive topline growth in FY25. Benefit from the recent price increase and a favorable mix is expected to support margin in the quarters ahead.
Neutral
Business Wire
2 weeks ago
Blue Bird Donates Electric School Bus to Hoop Bus
LOS ANGELES--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, donated an advanced electric school bus to Hoop Bus Inc, a 501(c)(3) nonprofit organization dedicated to youth programming and community engagement across North America. The full-size, zero-emission bus is equipped with basketball hoops at the front and back, turning the vehicle into an interactive, mobile court. Hoop Bus will use this electric vehicle to serve thousands of.
Neutral
Zacks Investment Research
2 weeks ago
Blue Bird Q1 Earnings Beat, Sales Falls Short of Expectations
BLBD expects fiscal 2025 adjusted EBITDA and FCF in the band of $185-$215 million and $40-$60 million, respectively.
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