Blue Bird - BLBD Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blue Bird in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BLBD shares.
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2 brokerages have issued 12 month target prices for Blue Bird's shares. Their BLBD share price forecasts range from $17.00 to $23.00. On average, they predict the company's stock price to reach $20.00 in the next year. This suggests that the stock has a possible downside of 1.3%.
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Blue Bird's stock was trading at $10.71 at the beginning of 2023. Since then, BLBD stock has increased by 89.3% and is now trading at $20.27.
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Blue Bird saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 404,800 shares, an increase of 10.7% from the February 28th total of 365,700 shares. Based on an average trading volume of 201,700 shares, the short-interest ratio is presently 2.0 days. Approximately 2.0% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our BLBD earnings forecast.

Blue Bird Co. (NASDAQ:BLBD) announced its earnings results on Wednesday, February, 8th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.26) by $0.06. The company had revenue of $235.73 million for the quarter, compared to analyst estimates of $200 million. Blue Bird had a negative trailing twelve-month return on equity of 442.21% and a negative net margin of 5.84%.

ETFs with the largest weight of Blue Bird (NASDAQ:BLBD) stock in their portfolio include First Trust RBA American Industrial RenaissanceTM ETF (AIRR), Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and IQ Chaikin U.S. Small Cap ETF (CSML).

Blue Bird updated its FY 2023 earnings guidance on Wednesday, February, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.00B-, compared to the consensus revenue estimate of $959.80 million.

25 employees have rated Blue Bird Chief Executive Officer Phil Horlock on Glassdoor.com. Phil Horlock has an approval rating of 49% among the company's employees. This puts Phil Horlock in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 56.0% of employees surveyed would recommend working at Blue Bird to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blue Bird investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), AbbVie (ABBV), Tesla (TSLA), Gilead Sciences (GILD), Marvell Technology (MRVL), Netflix (NFLX) and Roku (ROKU).

Blue Bird trades on the NASDAQ under the ticker symbol "BLBD."

Blue Bird's stock is owned by many different retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (5.28%), T. Rowe Price Investment Management Inc. (5.27%), Clean Energy Transition LLP (3.34%), Skandinaviska Enskilda Banken AB publ (2.64%), Blair William & Co. IL (1.39%) and Geode Capital Management LLC (1.00%). Insiders that own company stock include Asp Bb Holdings Llc, Paul Yousif and Phil Horlock.
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Shares of BLBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BLBD stock can currently be purchased for approximately $20.27.

Blue Bird (NASDAQ:BLBD) has a market capitalization of $649.25 million and generates $800.64 million in revenue each year. The company earns $-45,760,000.00 in net income (profit) each year or ($1.65) on an earnings per share basis.

The company employs 1,596 workers across the globe.

Blue Bird's mailing address is 3920 Arkwright Road 2nd Floor, Macon GA, 31210. The official website for the company is www.blue-bird.com. The company can be reached via phone at (478) 822-2801 or via email at investors@blue-bird.com.