Ratings for Blue Bird BLBD were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 1 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 2 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 1 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $39.6, a high estimate of $44.00, and a low estimate of $35.00. Marking an increase of 38.12%, the current average surpasses the previous average price target of $28.67.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Blue Bird among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Craig Irwin | Roth MKM | Raises | Buy | $40.00 | $35.00 |
Chris Pierce | Needham | Maintains | Buy | $44.00 | - |
Chris Pierce | Needham | Announces | Buy | $44.00 | - |
Adam Seiden | Barclays | Raises | Overweight | $35.00 | $25.00 |
Craig Irwin | Roth MKM | Raises | Buy | $35.00 | $26.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Blue Bird. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Blue Bird compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Blue Bird's stock. This examination reveals shifts in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Blue Bird's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Blue Bird analyst ratings.
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About Blue Bird
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.
Financial Milestones: Blue Bird's Journey
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Blue Bird's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 34.75% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Blue Bird's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.23%, the company showcases 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 stands notably higher than the industry average, reaching 1.8. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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