Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $35.62 in the prior trading day, Blue Bird Corp (NASDAQ: BLBD) closed at $34.73, down -2.50%. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 0.99 million shares were traded. BLBD stock price reached its highest trading level at $35.2568 during the session, while it also had its lowest trading level at $33.51.
Ratios:
Our goal is to gain a better understanding of BLBD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.64. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on October 09, 2024, initiated with a Buy rating and assigned the stock a target price of $55.
On October 03, 2024, ROTH MKM Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $48.
Needham reiterated its Buy rating for the stock on July 17, 2024, while the target price for the stock was revised from $52 to $65.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 17 ’24 when Radulescu Razvan sold 19,171 shares for $42.89 per share. The transaction valued at 822,244 led to the insider holds 89,347 shares of the business.
Radulescu Razvan bought 19,171 shares of BLBD for $835,089 on Dec 17 ’24. On Dec 09 ’24, another insider, Thau Daniel Mark, who serves as the Director of the company, bought 700 shares for $39.18 each. As a result, the insider paid 27,426 and bolstered with 700 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLBD now has a Market Capitalization of 1115218432 and an Enterprise Value of 1394664320. As of this moment, Blue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.93, and their Forward P/E ratio for the next fiscal year is 7.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 7.02. Its current Enterprise Value per Revenue stands at 1.073 whereas that against EBITDA is 8.96.
Stock Price History:
The Beta on a monthly basis for BLBD is 1.56, which has changed by 0.14276552 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, BLBD has reached a high of $59.40, while it has fallen to a 52-week low of $29.00. The 50-Day Moving Average of the stock is -13.79%, while the 200-Day Moving Average is calculated to be -23.90%.
Shares Statistics:
The stock has traded on average 793.55K shares per day over the past 3-months and 798560 shares per day over the last 10 days, according to various share statistics. A total of 32.27M shares are outstanding, with a floating share count of 31.50M. Insiders hold about 1.90% of the company’s shares, while institutions hold 95.93% stake in the company. Shares short for BLBD as of 1730332800 were 3418925 with a Short Ratio of 6.90, compared to 1727654400 on 2957172. Therefore, it implies a Short% of Shares Outstanding of 3418925 and a Short% of Float of 12.23.
