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After finishing at $47.52 in the prior trading day, Blue Bird Corp (NASDAQ: BLBD) closed at $47.97, up 0.95%. In other words, the price has increased by $0.95 from its previous closing price. On the day, 0.63 million shares were traded. BLBD stock price reached its highest trading level at $48.15 during the session, while it also had its lowest trading level at $47.0.
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 17.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.80. 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 Aug 13 ’24 when BEDI GURMINDER S sold 5,640 shares for $48.04 per share. The transaction valued at 270,946 led to the insider holds 0 shares of the business.
BEDI GURMINDER S bought 18,896 shares of BLBD for $926,849 on Aug 12 ’24. On Aug 12 ’24, another insider, BEDI GURMINDER S, who serves as the Director of the company, sold 13,256 shares for $48.48 each. As a result, the insider received 642,651 and left with 5,640 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 1552098176 and an Enterprise Value of 1560972288. As of this moment, Blue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.88, and their Forward P/E ratio for the next fiscal year is 13.43. 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 1.19 while its Price-to-Book (P/B) ratio in mrq is 11.30. Its current Enterprise Value per Revenue stands at 1.201 whereas that against EBITDA is 10.029.
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 -7.65%, while the 200-Day Moving Average is calculated to be 32.86%.
Shares Statistics:
The stock has traded on average 633.00K shares per day over the past 3-months and 740910 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 31.74M. Insiders hold about 1.91% of the company’s shares, while institutions hold 93.97% stake in the company. Shares short for BLBD as of 1722384000 were 2214692 with a Short Ratio of 3.50, compared to 1719532800 on 1101361. Therefore, it implies a Short% of Shares Outstanding of 2214692 and a Short% of Float of 7.93.
