Quite a lot of different giant buyers have additionally made modifications to their positions in BLBD. Swiss National Bank elevated its holdings in shares of Blue Bird by 8.0% within the 1st quarter. Swiss National Bank now owns 41,611 shares of the corporate’s inventory valued at $783,000 after buying an extra 3,100 shares within the final quarter. Raymond James & Associates acquired a brand new stake in Blue Bird within the 1st quarter valued at about $258,000. Bank of New York Mellon Corp grew its stake in Blue Bird by 3.6% within the 1st quarter. Bank of New York Mellon Corp now owns 65,637 shares of the corporate’s inventory valued at $1,235,000 after buying an extra 2,306 shares over the past quarter. MetLife Investment Management LLC grew its stake in Blue Bird by 59.0% within the 1st quarter. MetLife Investment Management LLC now owns 9,160 shares of the corporate’s inventory valued at $172,000 after buying an extra 3,398 shares over the past quarter. Finally, BlackRock Inc. grew its stake in Blue Bird by 8.3% within the 1st quarter. BlackRock Inc. now owns 1,204,245 shares of the corporate’s inventory valued at $22,664,000 after buying an extra 92,140 shares over the past quarter. Hedge funds and different institutional buyers personal 93.59% of the corporate’s inventory.
Blue Bird Stock Performance
Shares of NASDAQ BLBD opened at $36.03 on Friday. The firm has a market cap of $1.16 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 0.51 and a beta of 1.36. Blue Bird Co. has a 12 month low of $17.37 and a 12 month excessive of $39.01. The firm has a debt-to-equity ratio of 1.72, a present ratio of 1.30 and a fast ratio of 0.54. The firm has a 50-day easy shifting common of $33.92 and a 200-day easy shifting common of $26.28.
Blue Bird (NASDAQ:BLBD – Get Free Report) final issued its quarterly 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. Blue Bird had a web margin of 5.04% and a return on fairness of 223.85%. The business had income of $317.66 million through the quarter, in comparison with the consensus estimate of $265.00 million. On common, equities analysts anticipate that Blue Bird Co. will submit 1.87 earnings per share for the present yr.
Wall Street Analyst Weigh In
Quite a lot of equities analysis analysts lately commented on BLBD shares. Needham & Company LLC began protection on shares of Blue Bird in a analysis notice on Thursday, February twenty ninth. They issued a “buy” score and a $44.00 worth goal on the inventory. StockNews.com lower shares of Blue Bird from a “strong-buy” score to a “buy” score in a analysis notice on Tuesday, January 2nd. Barclays raised their worth goal on shares of Blue Bird from $25.00 to $35.00 and gave the inventory an “overweight” score in a analysis notice on Thursday, February eighth. Finally, Roth Mkm lifted their worth goal on shares of Blue Bird from $26.00 to $35.00 and gave the inventory a “buy” score in a report on Thursday, February eighth. Seven funding analysts have rated the inventory with a purchase score, According to MarketBeat, Blue Bird has a consensus score of “Buy” and a median goal worth of $34.58.
View Our Latest Research Report on BLBD
Insider Transactions at Blue Bird
In different information, President Britton Smith bought 6,228 shares of the business’s inventory in a transaction on Thursday, February twenty ninth. The shares have 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 of the corporate’s inventory, valued at $2,922,002.50. The transaction was disclosed in a submitting with the SEC, which is available at the SEC website. In different information, President Britton Smith bought 6,228 shares of the business’s inventory in a transaction on Thursday, February twenty ninth. The shares have 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 of the corporate’s inventory, valued at $2,922,002.50. The transaction was disclosed in a submitting with the SEC, which is available at the SEC website. Also, main shareholder Asp Bb Holdings Llc bought 4,042,650 shares of Blue Bird inventory in a transaction on Wednesday, February twenty first. The inventory was bought at a median worth of $32.90, for a complete transaction of $133,003,185.00. The disclosure for this sale could be discovered here. Over the final three months, insiders have bought 4,257,597 shares of firm inventory valued at $139,735,973. Corporate insiders personal 2.10% of the corporate’s inventory.
About Blue Bird
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 way of two segments, Bus and Parts. It provides Type C, Type D, and specialty buses; and various energy choices by way of its propane powered, gasoline powered, compressed pure gasoline powered, and electrical powered college buses, in addition to diesel engines.
See Also
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