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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $42.73 in the prior trading day, Blue Bird Corp (NASDAQ: BLBD) closed at $42.94, up 0.49%. In other words, the price has increased by $0.49 from its previous closing price. On the day, 0.79 million shares were traded. BLBD stock price reached its highest trading level at $43.77 during the session, while it also had its lowest trading level at $42.07.
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 15.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.83. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.66.
On July 17, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $52 to $65.
On February 29, 2024, Needham started tracking the stock assigning a Buy rating and target price of $44.Needham initiated its Buy rating on February 29, 2024, with a $44 target price.
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 Sep 16 ’24 when Horlock Phil sold 29,708 shares for $50.80 per share. The transaction valued at 1,509,166 led to the insider holds 299,812 shares of the business.
Horlock Phil sold 30,044 shares of BLBD for $1,478,165 on Sep 13 ’24. The Chief Executive Officer now owns 299,812 shares after completing the transaction at $49.20 per share. On Sep 12 ’24, another insider, Smith Britton, who serves as the President of the company, sold 2,508 shares for $49.81 each. As a result, the insider received 124,923 and left with 80,617 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 1389349376 and an Enterprise Value of 1398223360. As of this moment, Blue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.21, and their Forward P/E ratio for the next fiscal year is 12.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 10.11. Its current Enterprise Value per Revenue stands at 1.076 whereas that against EBITDA is 8.983.
Stock Price History:
Over the past 52 weeks, BLBD has reached a high of $59.40, while it has fallen to a 52-week low of $17.59. The 50-Day Moving Average of the stock is -12.50%, while the 200-Day Moving Average is calculated to be 3.40%.
Shares Statistics:
The stock has traded on average 589.70K shares per day over the past 3-months and 727670 shares per day over the last 10 days, according to various share statistics. A total of 32.17M shares are outstanding, with a floating share count of 31.77M. Insiders hold about 1.80% of the company’s shares, while institutions hold 88.33% stake in the company. Shares short for BLBD as of 1726185600 were 2425979 with a Short Ratio of 4.11, compared to 1723680000 on 2220297. Therefore, it implies a Short% of Shares Outstanding of 2425979 and a Short% of Float of 8.68.
