4 analysts have expressed a variety of opinions on Blue Bird BLBD over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 0 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 2 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $45.0, a high estimate of $52.00, and a low estimate of $40.00. Observing a 13.92% increase, the current average has risen from the previous average price target of $39.50.
Investigating Analyst Ratings: An Elaborate Study
The perception of Blue Bird by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Chris Pierce | Needham | Raises | Buy | $52.00 | $44.00 |
Craig Irwin | Roth MKM | Raises | Buy | $40.00 | $35.00 |
Chris Pierce | Needham | Maintains | Buy | $44.00 | - |
Chris Pierce | Needham | Announces | Buy | $44.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Blue Bird. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Blue Bird compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Blue Bird's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Blue Bird's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Blue Bird analyst ratings.
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Discovering Blue Bird: A Closer Look
Blue Bird Corp is an American bus manufacturing company. It has its operations in two segments. The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. It carries its operations in the United States, Canada, and the rest of the world. The majority of its sales are derived from the United States through its bus manufacturing business.
Unraveling the Financial Story of Blue Bird
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Blue Bird's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 34.75%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Blue Bird's net margin is impressive, surpassing industry averages. With a net margin of 8.23%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Blue Bird's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 45.25%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Blue Bird's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 6.16%, the company showcases efficient use of assets and strong financial health.
Debt Management: Blue Bird's debt-to-equity ratio surpasses industry norms, standing at 1.8. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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