Numerous analysis analysts have issued studies on BLBD shares. Barclays began protection on shares of Blue Bird in a analysis report on Monday, September eleventh. They set an “chubby” ranking and a $25.00 goal worth on the inventory. R. F. Lafferty assumed protection on shares of Blue Bird in a analysis report on Wednesday, September sixth. They set a “purchase” ranking on the inventory. StockNews.com assumed protection on shares of Blue Bird in a analysis report on Thursday, August seventeenth. They set a “purchase” ranking on the inventory. Finally, Bank of America assumed protection on shares of Blue Bird in a analysis report on Friday, August 18th. They set a “purchase” ranking and a $26.50 worth goal on the inventory.
Check Out Our Latest Report on Blue Bird
Blue Bird Stock Up 1.5 %
Shares of BLBD opened at $21.35 on Friday. The agency’s 50-day easy transferring common is $20.87 and its 200 day easy transferring common is $21.21. Blue Bird has a 52 week low of $7.14 and a 52 week excessive of $28.80. The agency has a market cap of $686.83 million, a P/E ratio of -38.12 and a beta of 1.29. The firm has a debt-to-equity ratio of 11.13, a fast ratio of 0.33 and a present ratio of 0.92.
Blue Bird (NASDAQ:BLBD – Get Free Report) final introduced its earnings outcomes on Wednesday, August ninth. The firm reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.18. Blue Bird had a adverse web margin of 1.65% and a adverse return on fairness of two,698.15%. The agency had income of $294.28 million for the quarter, in comparison with analyst estimates of $300.00 million. On common, analysts forecast that Blue Bird will publish 0.82 earnings per share for the present yr.
Insider Activity at Blue Bird
In associated information, Director Coliseum Capital Management, L bought 1,237,500 shares of the inventory in a transaction that occurred on Thursday, September 14th. The shares have been bought at a median worth of $21.00, for a complete worth of $25,987,500.00. The sale was disclosed in a submitting with the Securities & Exchange Commission, which is available at this hyperlink. In different information, Director Coliseum Capital Management, L bought 1,237,500 shares of Blue Bird inventory in a transaction on Thursday, September 14th. The shares have been bought at a median worth of $21.00, for a complete transaction of $25,987,500.00. The sale was disclosed in a doc filed with the SEC, which is accessible by means of the SEC website. Also, main shareholder Asp Bb Holdings Llc bought 1,262,500 shares of Blue Bird inventory in a transaction on Thursday, September 14th. The inventory was bought at a median worth of $21.00, for a complete transaction of $26,512,500.00. Following the transaction, the insider now owns 6,542,650 shares within the firm, valued at roughly $137,395,650. The disclosure for this sale may be discovered here. 17.10% of the inventory is owned by insiders.
Institutional Investors Weigh In On Blue Bird
Several hedge funds and different institutional traders have not too long ago made adjustments to their positions in BLBD. Quarry LP grew its place in Blue Bird by 113.0% within the 2nd quarter. Quarry LP now owns 1,440 shares of the corporate’s inventory value $32,000 after buying a further 764 shares within the final quarter. State of Wyoming purchased a brand new stake in Blue Bird within the 2nd quarter value about $65,000. Point72 Asset Management L.P. purchased a brand new stake in Blue Bird within the 2nd quarter value about $77,000. BNP Paribas Arbitrage SA grew its place in Blue Bird by 198.6% within the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,419 shares of the corporate’s inventory value $41,000 after buying a further 2,939 shares within the final quarter. Finally, Barclays PLC grew its place in Blue Bird by 325.8% within the 4th quarter. Barclays PLC now owns 4,692 shares of the corporate’s inventory value $51,000 after buying a further 3,590 shares within the final quarter.
Blue Bird Company Profile
(Get Free Report
Blue Bird Corporation designs, engineers, manufactures, and sells college buses and associated elements within the United States, Canada, and internationally. It operates by means of two segments, Bus and Parts. The firm affords Type C, Type D, and specialty buses; and different gas functions by means of its propane powered, gasoline powered, compressed pure fuel powered, and electrical powered college buses, in addition to diesel engines.
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