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Blue Bird Corp (NASDAQ: BLBD) closed the day trading at $48.45 down -5.06% from the previous closing price of $51.03. In other words, the price has decreased by -$5.06 from its previous closing price. On the day, 1.4 million shares were traded. BLBD stock price reached its highest trading level at $50.57 during the session, while it also had its lowest trading level at $46.01.
Ratios:
For a better understanding of BLBD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.99. 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.
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, Needham on July 17, 2024, Reiterated its Buy rating but revised its target price to $65 from $52 previously.
On February 29, 2024, Needham started tracking the stock assigning a Buy rating and target price of $44.
On September 11, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $25.Barclays initiated its Overweight rating on September 11, 2023, with a $25 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 1567628800 and an Enterprise Value of 1576503040. As of this moment, Blue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.03, and their Forward P/E ratio for the next fiscal year is 13.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 11.41. Its current Enterprise Value per Revenue stands at 1.213 whereas that against EBITDA is 10.129.
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 -2.15%, while the 200-Day Moving Average is calculated to be 18.22%.
Shares Statistics:
Over the past 3-months, BLBD traded about 598.53K shares per day on average, while over the past 10 days, BLBD traded about 652340 shares per day. 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 88.55% stake in the company. Shares short for BLBD as of 1726185600 were 2425979 with a Short Ratio of 4.05, compared to 1723680000 on 2220297. Therefore, it implies a Short% of Shares Outstanding of 2425979 and a Short% of Float of 8.68.
