Q1 Earnings Forecast for Blue Bird Issued By DA Davidson

Blue Bird Co. (NASDAQ:BLBD) – Research analysts at DA Davidson issued their Q1 2025 earnings estimates for Blue Bird in a note issued to investors on Wednesday, November 27th. DA Davidson analyst M. Shlisky forecasts that the company will post earnings of $0.88 per share for the quarter. DA Davidson currently has a “Buy” rating and a $67.00 price objective on the stock. The consensus estimate for Blue Bird’s current full-year earnings is $3.77 per share. DA Davidson also issued estimates for Blue Bird’s FY2025 earnings at $4.29 EPS.

BLBD has been the subject of several other research reports. Barclays lifted their price target on shares of Blue Bird from $43.00 to $54.00 and gave the stock an “overweight” rating in a research report on Friday, August 9th. StockNews.com upgraded shares of Blue Bird from a “hold” rating to a “buy” rating in a research report on Friday, November 8th. Roth Capital cut shares of Blue Bird from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Needham & Company LLC reiterated a “buy” rating and set a $66.00 price target on shares of Blue Bird in a research report on Tuesday, November 26th. Finally, Bank of America decreased their price objective on shares of Blue Bird from $66.00 to $63.50 and set a “buy” rating for the company in a report on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $60.64.

Blue Bird Stock Down 1.7 %

Shares of NASDAQ:BLBD opened at $41.72 on Monday. Blue Bird has a one year low of $19.30 and a one year high of $59.40. The company has a 50 day moving average of $42.79 and a 200-day moving average of $48.33. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.37 and a quick ratio of 0.83. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 13.12, a P/E/G ratio of 1.07 and a beta of 1.59.

Insider Activity

In other news, President Britton Smith sold 2,508 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $49.81, for a total value of $124,923.48. Following the completion of the transaction, the president now owns 80,617 shares in the company, valued at $4,015,532.77. This represents a 3.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Macroview Investment Management LLC acquired a new position in shares of Blue Bird in the second quarter valued at approximately $29,000. National Bank of Canada FI acquired a new position in shares of Blue Bird in the third quarter valued at approximately $26,000. Truvestments Capital LLC acquired a new position in shares of Blue Bird in the third quarter valued at approximately $35,000. Private Trust Co. NA acquired a new position in shares of Blue Bird in the third quarter valued at approximately $38,000. Finally, nVerses Capital LLC bought a new stake in shares of Blue Bird in the third quarter worth $53,000. Institutional investors and hedge funds own 93.59% of the company’s stock.

Blue Bird Company Profile

Blue Bird Corporation, together with its subsidiaries, designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally. The company operates through two segments, Bus and Parts. It offers Type C, Type D, and specialty buses; and alternative power options through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses, as well as diesel engines.