Several analysis analysts have lately issued stories on the corporate. Barclays elevated their worth goal on Blue Bird from $25.00 to $35.00 and gave the corporate an “overweight” ranking in a report on Thursday, February eighth. StockNews.com lowered shares of Blue Bird from a “strong-buy” ranking to a “buy” ranking in a analysis observe on Tuesday, January 2nd. Roth Mkm boosted their worth goal on shares of Blue Bird from $26.00 to $35.00 and gave the inventory a “buy” ranking in a analysis report on Thursday, February eighth. Finally, Needham & Company LLC initiated protection on shares of Blue Bird in a report on Thursday, February twenty ninth. They issued a “buy” ranking and a $44.00 goal worth for the corporate.
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Insiders Place Their Bets
In different information, President Britton Smith offered 6,228 shares of the inventory in a transaction that occurred on Thursday, February twenty ninth. The inventory was offered at a median worth of $33.49, for a complete worth of $208,575.72. Following the completion of the sale, the president now instantly owns 87,250 shares of the corporate’s inventory, valued at $2,922,002.50. The transaction was disclosed in a submitting with the Securities & Exchange Commission, which is available by means of this hyperlink. In different Blue Bird information, President Britton Smith offered 6,228 shares of Blue Bird inventory in a transaction on Thursday, February twenty ninth. The shares had been offered at a median worth of $33.49, for a complete worth of $208,575.72. Following the transaction, the president now instantly owns 87,250 shares within the firm, valued at $2,922,002.50. The transaction was disclosed in a doc filed with the SEC, which is available at the SEC website. Also, CEO Phil Horlock offered 50,000 shares of the corporate’s inventory in a transaction dated Monday, January twenty ninth. The shares had been offered at a median worth of $29.00, for a complete transaction of $1,450,000.00. Following the completion of the sale, the chief govt officer now instantly owns 449,812 shares of the corporate’s inventory, valued at $13,044,548. The disclosure for this sale might be discovered here. Insiders have offered a complete of 4,257,597 shares of firm inventory valued at $139,735,973 over the past quarter. Company insiders personal 2.10% of the corporate’s inventory.
Institutional Trading of Blue Bird
Plenty of hedge funds have lately added to or lowered their stakes in BLBD. CWM LLC elevated its holdings in shares of Blue Bird by 220.1% within the fourth quarter. CWM LLC now owns 1,290 shares of the corporate’s inventory valued at $35,000 after buying a further 887 shares in the course of the interval. Quarry LP elevated its stake in Blue Bird by 113.0% within the 2nd quarter. Quarry LP now owns 1,440 shares of the corporate’s inventory valued at $32,000 after shopping for a further 764 shares in the course of the interval. Tower Research Capital LLC TRC raised its position in Blue Bird by 89.7% in the course of the third quarter. Tower Research Capital LLC TRC now owns 2,157 shares of the corporate’s inventory price $46,000 after shopping for a further 1,020 shares over the past quarter. Allspring Global Investments Holdings LLC acquired a brand new stake in shares of Blue Bird within the 4th quarter price $66,000. Finally, State of Wyoming bought a brand new stake in shares of Blue Bird within the second quarter valued at about $65,000. 93.59% of the inventory is owned by institutional traders and hedge funds.
Blue Bird Trading Down 5.0 %
NASDAQ BLBD opened at $34.22 on Thursday. Blue Bird has a 52 week low of $17.37 and a 52 week excessive of $39.01. The agency has a 50 day transferring common of $34.17 and a two-hundred day transferring common of $26.62. The firm has a fast ratio of 0.54, a present ratio of 1.30 and a debt-to-equity ratio of 1.72. The inventory has a market capitalization of $1.10 billion, a PE ratio of 18.01, a price-to-earnings-growth ratio of 0.50 and a beta of 1.36.
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 analysts’ consensus estimates of $0.34 by $0.52. The agency had income of $317.66 million in the course of the quarter, in comparison with the consensus estimate of $265.00 million. Blue Bird had a internet margin of 5.04% and a return on fairness of 223.85%. As a bunch, analysis analysts count on that Blue Bird will put up 1.87 EPS for the present fiscal yr.
Blue Bird Company 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 by means of two segments, Bus and Parts. It gives Type C, Type D, and specialty buses; and various energy choices by means of its propane powered, gasoline powered, compressed pure fuel powered, and electrical powered college buses, in addition to diesel engines.
Further Reading
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