Blue Bird Corp (NASDAQ: BLBD) is -7.79% lower on its value in year-to-date trading and has touched a low of $28.81 and a high of $59.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BLBD stock was last observed hovering at around $36.17 in the last trading session, with the day’s loss setting it -0.55%.
Currently trading at $35.62, the stock is -10.70% and -11.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing -1.52% at the moment leaves the stock -21.96% off its SMA200. BLBD registered 21.16% gain for a year compared to 6-month loss of -31.66%. The firm has a 50-day simple moving average (SMA 50) of $40.3414 and a 200-day simple moving average (SMA200) of $45.64335.
The stock witnessed a -7.86% gain in the last 1 month and extending the period to 3 months gives it a -17.53%, and is -5.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.76% over the week and 5.36% over the month.
Blue Bird Corp (BLBD) has around 1948 employees, a market worth around $1.14B and $1.35B in sales. Current P/E ratio is 11.21 and Fwd P/E is 8.03. Profit margin for the company is 7.83%. Distance from 52-week low is 23.64% and -40.03% from its 52-week high. The company has generated returns on investments over the last 12 months (41.79%).
with sales reaching $308.31M over the same period.The EPS is expected to grow by 11.81% this year, but quarterly earnings will post 8.32% year-over-year. Quarterly sales are estimated to shrink -2.94% in year-over-year returns.
Blue Bird Corp (BLBD) Top Institutional Holders
351.0 institutions hold shares in Blue Bird Corp (BLBD), with institutional investors hold 97.45% of the company’s shares. The shares outstanding are 32.27M, and float is at 31.50M with Short Float at 17.39%. Institutions hold 96.81% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.39 million shares valued at $128.86 million. The investor’s holdings represent 7.4219% of the BLBD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.17 million shares valued at $117.01 million to account for 6.7394 of the shares outstanding. The other top investors are WESTWOOD HOLDINGS GROUP INC which holds 1.31 million shares representing 4.0601% and valued at over $70.49 million, while WELLINGTON MANAGEMENT GROUP LLP holds 3.7221 of the shares totaling 1.2 million with a market value of $64.62 million.
Blue Bird Corp (BLBD) Insider Activity
The most recent transaction is an insider sale by Radulescu Razvan, the company’s Chief Financial Officer. SEC filings show that Radulescu Razvan sold 19,171 shares of the company’s common stock on Dec 17 ’24 at a price of $42.89 per share for a total of $0.82 million. Following the sale, the insider now owns 89347.0 shares.
Still, SEC filings show that on Dec 09 ’24, Thau Daniel Mark (Director) acquired 700 shares at an average price of $39.18 for $27426.0. The insider now directly holds 700 shares of Blue Bird Corp (BLBD).
