Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Blue Bird Corp (NASDAQ: BLBD) closed at $32.83 in the last session, down -0.38% from day before closing price of $32.96. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 0.55 million shares were traded. BLBD stock price reached its highest trading level at $33.75 during the session, while it also had its lowest trading level at $32.365.
Ratios:
We take a closer look at BLBD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 1.80 whereas as Long-Term Debt/Eq ratio is at 1.72.
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 February 29, 2024, initiated with a Buy rating and assigned the stock a target price of $44.
On September 11, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 29 ’24 when Smith Britton sold 6,228 shares for $33.49 per share. The transaction valued at 208,607 led to the insider holds 87,250 shares of the business.
Radulescu Razvan sold 15,662 shares of BLBD for $477,534 on Feb 22 ’24. The Chief Financial Officer now owns 97,362 shares after completing the transaction at $30.49 per share. On Feb 21 ’24, another insider, ASP BB Holdings LLC, who serves as the 10% Owner of the company, sold 4,042,650 shares for $32.90 each. As a result, the insider received 133,003,185 and left with 0 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 1057080128 and an Enterprise Value of 1115914752. As of this moment, Blue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.38, and their Forward P/E ratio for the next fiscal year is 13.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 13.99. Its current Enterprise Value per Revenue stands at 0.919 whereas that against EBITDA is 9.906.
Stock Price History:
The Beta on a monthly basis for BLBD is 1.40, which has changed by 0.7717215 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, BLBD has reached a high of $39.01, while it has fallen to a 52-week low of $17.59. The 50-Day Moving Average of the stock is -4.87%, while the 200-Day Moving Average is calculated to be 29.17%.
Shares Statistics:
According to the various share statistics, BLBD traded on average about 524.48K shares per day over the past 3-months and 474630 shares per day over the past 10 days. A total of 32.17M shares are outstanding, with a floating share count of 31.23M. Insiders hold about 3.01% of the company’s shares, while institutions hold 82.86% stake in the company. Shares short for BLBD as of 1713139200 were 1291430 with a Short Ratio of 2.46, compared to 1710460800 on 1034441. Therefore, it implies a Short% of Shares Outstanding of 1291430 and a Short% of Float of 4.65.
Earnings Estimates
As of right now, 6.0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.48 for the current quarter, with a high estimate of $0.59 and a low estimate of $0.21, while EPS last year was $0.27. The consensus estimate for the next quarter is $0.45, with high estimates of $0.52 and low estimates of $0.35.
Analysts are recommending an EPS of between $2.48 and $2.19 for the fiscal current year, implying an average EPS of $2.35. EPS for the following year is $2.49, with 5.0 analysts recommending between $3.08 and $2.08.
Revenue Estimates
For the next quarter, 6 analysts are estimating revenue of $317.36M. There is a high estimate of $326.25M for the next quarter, whereas the lowest estimate is $308.9M.
A total of 7 analysts have provided revenue estimates for BLBD’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $1.23B, resulting in an average revenue estimate of $1.25B. In the same quarter a year ago, actual revenue was $1.13BBased on 6 analysts’ estimates, the company’s revenue will be $1.41B in the next fiscal year. The high estimate is $1.5B and the low estimate is $1.34B.
