Quite a lot of different institutional traders additionally lately added to or decreased their stakes within the firm. Quarry LP lifted its position in shares of Blue Bird by 113.0% through the 2nd quarter. Quarry LP now owns 1,440 shares of the corporate’s inventory price $32,000 after shopping for an extra 764 shares over the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Blue Bird by 89.7% through the third quarter. Tower Research Capital LLC TRC now owns 2,157 shares of the corporate’s inventory price $46,000 after shopping for an extra 1,020 shares over the last quarter. State of Wyoming acquired a brand new position in shares of Blue Bird within the 2nd quarter valued at $65,000. Point72 Asset Management L.P. acquired a brand new position in shares of Blue Bird within the 2nd quarter valued at $77,000. Finally, BNP Paribas Arbitrage SA elevated its holdings in shares of Blue Bird by 198.6% within the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,419 shares of the corporate’s inventory valued at $41,000 after buying an extra 2,939 shares through the interval.
Insiders Place Their Bets
In different Blue Bird information, CEO Phil Horlock bought 30,000 shares of the business’s inventory in a transaction on Thursday, December 14th. The shares have been bought at a mean value of $25.97, for a complete transaction of $779,100.00. Following the sale, the chief govt officer now instantly owns 539,812 shares within the firm, valued at roughly $14,018,917.64. The sale was disclosed in a authorized submitting with the Securities & Exchange Commission, which is available via the SEC website. In associated information, CEO Phil Horlock bought 30,000 shares of the business’s inventory in a transaction dated Thursday, December 14th. The shares have been bought at a mean value of $25.97, for a complete worth of $779,100.00. Following the sale, the chief govt officer now instantly owns 539,812 shares within the firm, valued at roughly $14,018,917.64. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which is available via this link. Also, CFO Razvan Radulescu bought 15,000 shares of the business’s inventory in a transaction dated Thursday, December 14th. The inventory was bought at a mean value of $25.89, for a complete transaction of $388,350.00. Following the completion of the sale, the chief monetary officer now owns 100,647 shares within the firm, valued at $2,605,750.83. The disclosure for this sale might be discovered here. In the final ninety days, insiders have bought 6,842,597 shares of firm inventory price $204,733,423. Corporate insiders personal 2.10% of the corporate’s inventory.
Blue Bird Price Performance
Shares of NASDAQ BLBD opened at $32.40 on Friday. The agency has a market capitalization of $1.05 billion, a P/E ratio of 17.05, a PEG ratio of 0.46 and a beta of 1.35. Blue Bird Co. has a one yr low of $17.37 and a one yr excessive of $34.90. The firm’s fifty day transferring common is $29.32 and its two-hundred day transferring common is $23.71. The firm has a debt-to-equity ratio of 1.72, a fast ratio of 0.54 and a present ratio of 1.30.
Blue Bird (NASDAQ:BLBD – Get Free Report) final issued its earnings outcomes on Wednesday, February seventh. The firm reported $0.86 EPS for the quarter, topping the consensus estimate of $0.34 by $0.52. The firm had income of $317.66 million for the quarter, in comparison with analyst estimates of $265.00 million. Blue Bird had a web margin of 5.04% and a return on fairness of 223.85%. Analysts forecast that Blue Bird Co. will put up 1.87 EPS for the present fiscal yr.
Analysts Set New Price Targets
Quite a lot of equities analysts have lately commented on BLBD shares. Needham & Company LLC began protection on shares of Blue Bird in a report on Thursday, February twenty ninth. They issued a “buy” ranking and a $44.00 goal value on the inventory. TheAvenue raised shares of Blue Bird from a “c” ranking to a “b-” ranking in a report on Tuesday, December twelfth. Roth Mkm boosted their value goal on shares of Blue Bird from $26.00 to $35.00 and gave the corporate a “buy” ranking in a analysis notice on Thursday, February eighth. Barclays boosted their value goal on shares of Blue Bird from $25.00 to $35.00 and gave the corporate an “overweight” ranking in a analysis notice on Thursday, February eighth. Finally, Craig Hallum boosted their value goal on shares of Blue Bird from $34.00 to $38.00 and gave the corporate a “buy” ranking in a analysis notice on Tuesday, December twelfth. Eight analysis analysts have rated the inventory with a purchase ranking, According to knowledge from MarketBeat.com, Blue Bird presently has a consensus ranking of “Buy” and a mean goal value of $34.58.
View Our Latest Stock Report on BLBD
Blue Bird Profile
Blue Bird Corporation, along with its subsidiaries, designs, engineers, manufactures, and sells college buses within the United States, Canada, and internationally. The firm operates via two segments, Bus and Parts. It presents Type C, Type D, and specialty buses; and different energy choices via its propane powered, gasoline powered, compressed pure fuel powered, and electrical powered college buses, in addition to diesel engines.
See Also
Want to see what different hedge funds are holding BLBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blue Bird Co. (NASDAQ:BLBD – Free Report).
Receive News & Ratings for Blue Bird Daily – Enter your e-mail deal with under to obtain a concise each day abstract of the latest information and analysts’ rankings for Blue Bird and associated corporations with MarketBeat.com’s FREE each day e-mail e-newsletter.
