Q1 Earnings Forecast for Blue Bird Issued By DA Davidson

Blue Bird Co. (NASDAQ:BLBD) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Blue Bird in a report released on Wednesday, November 27th. DA Davidson analyst M. Shlisky expects that the company will post earnings of $0.88 per share for the quarter. DA Davidson currently has a “Buy” rating and a $67.00 target price on the stock. The consensus estimate for Blue Bird’s current full-year earnings is $3.77 per share. DA Davidson also issued estimates for Blue Bird’s FY2025 earnings at $4.29 EPS.

BLBD has been the subject of a number of other reports. Needham & Company LLC reiterated a “buy” rating and set a $66.00 price target on shares of Blue Bird in a report on Tuesday, November 26th. Roth Mkm cut shares of Blue Bird from a “buy” rating to a “neutral” rating and set a $48.00 target price for the company. in a research note on Thursday, October 3rd. BTIG Research started coverage on Blue Bird in a research note on Wednesday, October 9th. They set a “buy” rating and a $55.00 price target on the stock. Bank of America decreased their price objective on Blue Bird from $66.00 to $63.50 and set a “buy” rating on the stock in a report on Tuesday, November 26th. Finally, StockNews.com upgraded Blue Bird from a “hold” rating to a “buy” rating in a research note on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $60.64.

Blue Bird Trading Up 0.1 %

Shares of BLBD stock opened at $40.65 on Monday. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 1.10 and a beta of 1.62. The company has a current ratio of 1.37, a quick ratio of 0.66 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $43.23 and a 200 day moving average price of $48.48. Blue Bird has a twelve month low of $18.33 and a twelve month high of $59.40.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BLBD. Quarry LP lifted its holdings in shares of Blue Bird by 43.9% during the 2nd quarter. Quarry LP now owns 1,174 shares of the company’s stock valued at $63,000 after acquiring an additional 358 shares in the last quarter. Savant Capital LLC boosted its position in shares of Blue Bird by 3.4% in the second quarter. Savant Capital LLC now owns 11,473 shares of the company’s stock worth $618,000 after buying an additional 382 shares during the period. Macroview Investment Management LLC purchased a new stake in shares of Blue Bird in the second quarter worth about $29,000. National Bank of Canada FI acquired a new stake in shares of Blue Bird in the third quarter valued at about $26,000. Finally, GPS Wealth Strategies Group LLC raised its holdings in shares of Blue Bird by 22.5% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 3,325 shares of the company’s stock valued at $179,000 after buying an additional 610 shares during the period. 93.59% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Blue Bird

In related news, President Britton Smith sold 2,508 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $49.81, for a total transaction of $124,923.48. Following the completion of the sale, the president now owns 80,617 shares of the company’s stock, valued at approximately $4,015,532.77. This represents a 3.02 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.10% of the stock is owned by 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.