A variety of different hedge funds have additionally added to or diminished their stakes in BLBD. Quarry LP elevated its stake in shares of Blue Bird by 113.0% within the 2nd quarter. Quarry LP now owns 1,440 shares of the corporate’s inventory price $32,000 after buying a further 764 shares within the final quarter. Tower Research Capital LLC TRC elevated its stake in shares of Blue Bird by 89.7% within the third quarter. Tower Research Capital LLC TRC now owns 2,157 shares of the corporate’s inventory price $46,000 after buying a further 1,020 shares within the final quarter. State of Wyoming bought a brand new stake in shares of Blue Bird within the 2nd quarter price $65,000. Point72 Asset Management L.P. bought a brand new stake in shares of Blue Bird within the 2nd quarter price $77,000. Finally, Comerica Bank bought a brand new stake in shares of Blue Bird within the third quarter price $76,000.
Blue Bird Stock Performance
Blue Bird stock opened at $32.58 on Tuesday. 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-year low of $17.37 and a 1-year excessive of $34.90. The agency has a market capitalization of $1.05 billion, a P/E ratio of 17.15, a price-to-earnings-growth ratio of 0.45 and a beta of 1.35. The firm’s 50-day shifting common is $30.16 and its 200 day shifting common is $24.20.
Blue Bird (NASDAQ:BLBD – Get Free Report) final posted 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 internet margin of 5.04% and a return on fairness of 223.85%. The firm had income of $317.66 million for the quarter, in comparison with analyst estimates of $265.00 million. Research analysts forecast that Blue Bird Co. will submit 1.87 EPS for the present yr.
Insider Buying and Selling
In different information, main shareholder Asp Bb Holdings Llc bought 4,042,650 shares of the agency’s inventory in a transaction that occurred on Wednesday, February twenty first. The shares had been bought at a median worth of $32.90, for a complete transaction of $133,003,185.00. The sale was disclosed in a doc filed with the SEC, which is available by means of the SEC website. In different information, President Britton Smith bought 6,228 shares of the inventory in a transaction that occurred on Thursday, February twenty ninth. The shares had been bought at a median worth of $33.49, for a complete transaction of $208,575.72. Following the transaction, the president now immediately owns 87,250 shares within the firm, valued at $2,922,002.50. The transaction was disclosed in a authorized submitting with the SEC, which is available by means of the SEC website. Also, main shareholder Asp Bb Holdings Llc bought 4,042,650 shares of the inventory in a transaction that occurred on Wednesday, February twenty first. The shares had been bought at a median worth of $32.90, for a complete transaction of $133,003,185.00. The disclosure for this sale may be discovered here. Insiders have bought 4,297,597 shares of firm inventory valued at $140,815,973 within the final ninety days. 2.10% of the inventory is owned by firm insiders.
Wall Street Analyst Weigh In
BLBD has been the topic of a number of recent analyst reviews. Roth Mkm upped their goal worth on shares of Blue Bird from $26.00 to $35.00 and gave the inventory a “buy” ranking in a report on Thursday, February eighth. TheStreet raised shares of Blue Bird from a “c” ranking to a “b-” ranking in a report on Tuesday, December twelfth. Craig Hallum upped their goal worth on shares of Blue Bird from $34.00 to $38.00 and gave the inventory a “buy” ranking in a report on Tuesday, December twelfth. 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. Finally, Barclays upped their goal worth on shares of Blue Bird from $25.00 to $35.00 and gave the inventory an “overweight” ranking in a report on Thursday, February eighth. Eight analysts have rated the inventory with a purchase ranking, Based on information from MarketBeat.com, the inventory at present has a consensus ranking of “Buy” and a consensus goal worth of $34.58.
Read Our Latest Research Report on Blue Bird
Blue Bird Profile
Blue Bird Corporation, along with its subsidiaries, designs, engineers, manufactures, and sells faculty buses within the United States, Canada, and internationally. The firm operates by means of two segments, Bus and Parts. It affords Type C, Type D, and specialty buses; and various energy choices by means of its propane powered, gasoline powered, compressed pure gasoline powered, and electrical powered faculty buses, in addition to diesel engines.
Further Reading
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