Streetbeat News

BLBD

Blue Bird Corporation

Industry

Auto - Manufacturers

Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally. It operates through two segments, Bus and Parts. The company offers Type C, Type D, and specialty buses; and alternative fuel applications through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses. Blue Bird Corporation sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments; and maintains a parts distribution center. Blue Bird Corporation was formerly known as Hennessy Capital Acquisition Corp. The company was founded in 1927 and is headquartered in Macon, Georgia.

Open

36.50

Mkt cap

1.2B

Volume

703K

High

38.43

P/E Ratio

12.49

52-wk high

59.40

Low

36.38

Div yield

N/A

52-wk low

17.79

Blue Bird has shown strong growth in revenue and profits, driven by strategic pricing and a favorable product mix. The company is investing in production capacity and focusing on alternative fuel buses, benefiting from regulatory support. Trading at a low valuation, it presents a compelling investment opportunity.

Portfolio Pulse from

November 18, 2024 | 9:45 am

Blue Bird (BLBD) saw a significant increase in its stock price, closing at $41.47, which is a 1.94% rise from the previous day.

Portfolio Pulse from

November 14, 2024 | 12:00 am

The article discusses the potential of Blue Bird (BLBD) as a buy, highlighting the influence of Wall Street analysts' optimistic recommendations on the stock's price.

Portfolio Pulse from

November 11, 2024 | 3:45 pm

Blue Bird Corporation reported record preliminary results for fiscal year 2024, with 9,000 buses sold and net sales revenue of $1.35 billion, marking a 19% increase. The company also achieved record electric vehicle sales of 704 buses, a 29% rise from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:04 pm

Jim Cramer recommends buying Broadcom and staying away from Blue Bird, Enphase Energy, and ZIM Integrated Shipping. He is positive on Cigna. Analysts have mixed views on these stocks, with recent price target adjustments and earnings reports influencing their outlook.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 12:54 pm

Blue Bird Corporation has delivered 38 propane-powered, low-emission school buses to the School District of Philadelphia, aiding the district's transition to clean transportation.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 7:57 pm

BTIG analyst Gregory Lewis has initiated coverage on Blue Bird (NASDAQ:BLBD) with a Buy rating and set a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 3:57 pm

The article highlights three industrial stocks, Rentokil Initial, Blue Bird Corp, and Concentrix Corp, which are currently oversold with RSI values below 30, indicating potential buying opportunities. Rentokil Initial revised its guidance, Blue Bird was downgraded by an analyst, and Concentrix received a new outperform rating.

Portfolio Pulse from Avi Kapoor

October 09, 2024 | 10:42 am

In the past three months, six analysts have shared their evaluations of Blue Bird (NASDAQ:BLBD), with a range of ratings from bullish to bearish. The average 12-month price target has increased by 9.1% to $62.0. Blue Bird has shown strong financial performance with a 13.28% revenue growth rate, a net margin of 8.61%, and a return on equity of 23.62%.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 4:01 pm

Several Wall Street analysts have downgraded their ratings for key stocks, including Verrica Pharmaceuticals, Tractor Supply Company, New Fortress Energy, Wolfspeed, and Blue Bird Corporation. These downgrades have led to varied stock price movements.

Portfolio Pulse from Avi Kapoor

October 03, 2024 | 1:08 pm

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