Deep Dive Into Blue Bird Stock: Analyst Perspectives (5 Ratings)
Portfolio Pulse from Benzinga Insights
Blue Bird (NASDAQ:BLBD) received mixed analyst ratings with 4 bullish and 1 somewhat bullish out of 5 recent ratings. Analysts updated their price targets, leading to an average target of $39.6, marking a 38.12% increase from the previous $28.67 average. The company's financials show positive trends, with significant revenue growth, high net margin, ROE, and ROA, despite a high debt-to-equity ratio. Blue Bird is a bus manufacturing company with a majority of sales in the U.S.
April 23, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Blue Bird received mixed analyst ratings, with an updated average price target of $39.6, reflecting a positive outlook based on strong financial performance.
The increase in the average price target to $39.6, up from $28.67, alongside positive financial indicators such as revenue growth and high net margin, suggests a bullish outlook for BLBD. Analysts' ratings and adjustments in price targets reflect confidence in the company's performance and future prospects, likely influencing a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100