Several different hedge funds and different institutional traders have additionally not too long ago purchased and bought shares of BLBD. Quarry LP elevated its position in Blue Bird by 113.0% throughout the second quarter. Quarry LP now owns 1,440 shares of the corporate’s inventory price $32,000 after buying an extra 764 shares over the last quarter. BNP Paribas Arbitrage SA elevated its position in shares of Blue Bird by 198.6% throughout the second 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 over the last quarter. Tower Research Capital LLC TRC elevated its position in shares of Blue Bird by 89.7% throughout the third quarter. Tower Research Capital LLC TRC now owns 2,157 shares of the corporate’s inventory valued at $46,000 after buying an extra 1,020 shares over the last quarter. Barclays PLC elevated its position in shares of Blue Bird by 325.8% throughout the fourth quarter. Barclays PLC now owns 4,692 shares of the corporate’s inventory valued at $51,000 after buying an extra 3,590 shares over the last quarter. Finally, UBS Group AG elevated its position in shares of Blue Bird by 61.3% throughout the fourth quarter. UBS Group AG now owns 5,887 shares of the corporate’s inventory valued at $63,000 after buying an extra 2,237 shares over the last quarter.
Wall Street Analyst Weigh In
BLBD has been the topic of a variety of recent analyst studies. StockNews.com reduce shares of Blue Bird from a “strong-buy” ranking to a “buy” ranking in a analysis report on Tuesday, January 2nd. TheStreet raised shares of Blue Bird from a “c” ranking to a “b-” ranking in a analysis be aware on Tuesday, December twelfth. Barclays lifted their worth goal on shares of Blue Bird from $25.00 to $35.00 and gave the inventory an “overweight” ranking in a analysis be aware on Thursday, February eighth. Craig Hallum lifted their worth goal on shares of Blue Bird from $34.00 to $38.00 and gave the inventory a “buy” ranking in a analysis be aware on Tuesday, December twelfth. Finally, Roth Mkm lifted their worth goal on shares of Blue Bird from $26.00 to $35.00 and gave the inventory a “buy” ranking in a analysis be aware on Thursday, February eighth. Eight funding analysts have rated the inventory with a purchase ranking, According to MarketBeat, the corporate has a median ranking of “Buy” and a consensus worth goal of $34.58.
Check Out Our Latest Stock Report on BLBD
Insider Buying and Selling at Blue Bird
In different Blue Bird information, CEO Phil Horlock bought 50,000 shares of the business’s inventory in a transaction on Monday, January twenty ninth. The shares have been bought at a median worth of $29.00, for a complete worth of $1,450,000.00. Following the transaction, the chief government officer now instantly owns 449,812 shares of the corporate’s inventory, valued at roughly $13,044,548. The sale was disclosed in a submitting with the Securities & Exchange Commission, which is accessible by means of this link. In different Blue Bird information, Director Gurminder S. Bedi bought 8,719 shares of the business’s inventory in a transaction on Tuesday, February twentieth. The shares have been bought at a median worth of $31.45, for a complete transaction of $274,212.55. Following the sale, the director now instantly owns 18,896 shares within the firm, valued at roughly $594,279.20. The sale was disclosed in a authorized submitting with the Securities & Exchange Commission, which is available by means of the SEC website. Also, CEO Phil Horlock bought 50,000 shares of the business’s inventory in a transaction on Monday, January twenty ninth. The inventory was bought at a median worth of $29.00, for a complete transaction of $1,450,000.00. Following the sale, the chief government officer now owns 449,812 shares within the firm, valued at $13,044,548. The disclosure for this sale will be discovered here. In the final three months, insiders have bought 4,297,597 shares of firm inventory valued at $140,815,973. 2.10% of the inventory is owned by firm insiders.
Blue Bird Stock Performance
Shares of Blue Bird stock opened at $34.24 on Wednesday. The agency’s fifty day easy shifting common is $30.34 and its 200-day easy shifting common is $24.28. The inventory has a market capitalization of $1.11 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 0.45 and a beta of 1.35. Blue Bird Co. has a 12 month low of $17.37 and a 12 month excessive of $34.90. The firm has a debt-to-equity ratio of 1.72, a present ratio of 1.30 and a fast ratio of 0.54.
Blue Bird (NASDAQ:BLBD – Get Free Report) final introduced its quarterly earnings knowledge on Wednesday, February seventh. The firm reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.52. The firm had income of $317.66 million for the quarter, in comparison with analysts’ expectations of $265.00 million. Blue Bird had a internet margin of 5.04% and a return on fairness of 223.85%. As a gaggle, equities analysts forecast that Blue Bird Co. will publish 1.87 earnings per share for the present 12 months.
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 different energy choices 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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