A History of Outperforming Analyst Forecasts and Beating the Odds: Blue Bird Corp (BLBD)

With 0.47 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.54 million shares. During the session, the Auto Manufacturers company that operates in wider Consumer Cyclical sector, reached to the highest price of $57.13 whereas the lowest price it dropped to was $55.15. The 52-week range on BLBD shows that it touched its highest point at $58.47 and its lowest point at $17.59 during that stretch. It currently has a 1-year price target of $53.57. Beta for the stock currently stands at 1.65.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLBD was up-trending over the past week, with a rise of 0.54%, but this was up by 20.33% over a month. Three-month performance surged to 70.93% while six-month performance rose 164.56%. The stock gained 153.13% in the past year, while it has gained 108.53% so far this year. A look at the trailing 12-month EPS for BLBD yields 2.46 with Next year EPS estimates of 3.13. For the next quarter, that number is 0.53. This implies an EPS growth rate of 157.83% for this year and 13.52% for next year. EPS is expected to grow by 49.95% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.09%.

Float and Shares Shorts:

At present, 32.17 million BLBD shares are outstanding with a float of 31.66 million shares on hand for trading. On 2024-05-15, short shares totaled 1.3 million, which was 401.99999999999994 higher than short shares on 1713139200. In addition to Mr. Philip Horlock as the firm’s CEO & Director, Mr. Britton Smith serves as its President.

Institutional Ownership:

Through their ownership of 0.93384004 of BLBD’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-30, BLBD reported revenue of $345915000.0 and operating income of $36068000.0. The EBITDA in the recently reported quarter was $38791000.0 and diluted EPS was $0.79.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLBD since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.