Several different institutional traders have additionally lately made adjustments to their positions in BLBD. The Manufacturers Life Insurance Company bought a brand new position in Blue Bird within the first quarter price $15,977,000. Marshall Wace LLP bought a brand new position in Blue Bird within the second quarter price $14,177,000. Driehaus Capital Management LLC bought a brand new position in Blue Bird within the second quarter price $12,504,000. Epoch Investment Partners Inc. grew its position in Blue Bird by 783.6% within the third quarter. Epoch Investment Partners Inc. now owns 439,159 shares of the corporate’s inventory price $9,376,000 after buying a further 389,459 shares within the final quarter. Finally, Gamco Investors INC. ET AL bought a brand new position in Blue Bird within the third quarter price $5,685,000.
Blue Bird Stock Down 1.4 %
Shares of NASDAQ:BLBD opened at $32.40 on Monday. The inventory’s 50-day shifting common is $29.32 and its 200 day shifting common is $23.72. The firm has a market cap of $1.05 billion, a PE ratio of 17.05, a P/E/G ratio of 0.46 and a beta of 1.35. 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 Co. has a 1 yr low of $17.37 and a 1 yr excessive of $34.90.
Blue Bird (NASDAQ:BLBD – Get Free Report) final issued its quarterly earnings information on Wednesday, February seventh. The firm reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.52. Blue Bird had a return on fairness of 223.85% and a web margin of 5.04%. The agency had income of $317.66 million for the quarter, in comparison with analyst estimates of $265.00 million. Sell-side analysts anticipate that Blue Bird Co. will publish 1.87 EPS for the present yr.
Insider Activity
In different information, President Britton Smith bought 6,228 shares of the business’s inventory in a transaction that occurred on Thursday, February twenty ninth. The inventory was bought at a median value of $33.49, for a complete transaction of $208,575.72. Following the transaction, 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 authorized submitting with the Securities & Exchange Commission, which is available by this link. In associated information, main shareholder Asp Bb Holdings Llc bought 2,500,000 shares of Blue Bird inventory in a transaction that occurred on Tuesday, December nineteenth. The inventory was bought at a median value of $25.10, for a complete transaction of $62,750,000.00. Following the sale, the insider now instantly owns 4,042,650 shares within the firm, valued at $101,470,515. The transaction was disclosed in a submitting with the Securities & Exchange Commission, which is available at the SEC website. Also, President Britton Smith bought 6,228 shares of Blue Bird inventory in a transaction that occurred on Thursday, February twenty ninth. The shares had been bought at a median value of $33.49, for a complete worth of $208,575.72. Following the sale, the president now owns 87,250 shares within the firm, valued at $2,922,002.50. The disclosure for this sale may be discovered here. Over the final three months, insiders have bought 6,842,597 shares of firm inventory valued at $204,733,423. Company insiders personal 2.10% of the corporate’s inventory.
Wall Street Analysts Forecast Growth
Several analysis analysts lately issued experiences on the inventory. TheStreet upgraded shares of Blue Bird from a “c” score to a “b-” score in a analysis report on Tuesday, December twelfth. Barclays upped their value goal on shares of Blue Bird from $25.00 to $35.00 and gave the corporate an “overweight” score in a analysis report on Thursday, February eighth. Needham & Company LLC began protection on shares of Blue Bird in a analysis report on Thursday, February twenty ninth. They set a “buy” score and a $44.00 value goal for the corporate. Craig Hallum upped their value goal on shares of Blue Bird from $34.00 to $38.00 and gave the corporate a “buy” score in a analysis report on Tuesday, December twelfth. Finally, StockNews.com lowered shares of Blue Bird from a “strong-buy” score to a “buy” score in a analysis report on Tuesday, January 2nd. Eight analysis analysts have rated the inventory with a purchase score, Based on information from MarketBeat, the corporate presently has a consensus score of “Buy” and a median goal value of $34.58.
Get Our Latest Stock Analysis on Blue Bird
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 two segments, Bus and Parts. It provides Type C, Type D, and specialty buses; and various energy choices by its propane powered, gasoline powered, compressed pure gasoline powered, and electrical powered college buses, in addition to diesel engines.
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