Blue Bird (NASDAQ:BLBD) Issues Earnings Results, Beats Estimates By $0.03 EPS

Blue Bird (NASDAQ:BLBD) issued its earnings results on Wednesday. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03, Zacks reports. Blue Bird had a return on equity of 91.12% and a net margin of 7.83%. Blue Bird updated its FY 2025 guidance to EPS.

Blue Bird Stock Performance

Shares of NASDAQ BLBD opened at $35.73 on Thursday. The company has a market cap of $1.15 billion, a P/E ratio of 11.24, a P/E/G ratio of 0.90 and a beta of 1.56. The firm’s fifty day moving average is $40.16 and its two-hundred day moving average is $44.12. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.83 and a current ratio of 1.37. Blue Bird has a 52-week low of $29.00 and a 52-week high of $59.40.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BLBD shares. StockNews.com raised Blue Bird from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. BTIG Research began coverage on shares of Blue Bird in a report on Wednesday, October 9th. They set a “buy” rating and a $55.00 price target on the stock. Craig Hallum boosted their price objective on shares of Blue Bird from $68.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Needham & Company LLC cut their target price on shares of Blue Bird from $66.00 to $49.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Bank of America dropped their price target on Blue Bird from $66.00 to $63.50 and set a “buy” rating on the stock in a research note on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Blue Bird presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.21.

Insider Buying and Selling

In related news, CFO Razvan Radulescu sold 19,171 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $42.89, for a total value of $822,244.19. Following the sale, the chief financial officer now owns 89,347 shares in the company, valued at approximately $3,832,092.83. The trade was a 17.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.10% of the stock is owned by company insiders.

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.