Blue Bird (Nasdaq:BLBD) - Stock Price, News & Analysis

BLBD Stock Overview

Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally.

About the company

BLBD fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 23.9% below our estimate of its fair value

Earnings are forecast to grow 92.32% per year

Analysts in good agreement that stock price will rise by 40.7%

Risk Analysis

Interest payments are not well covered by earnings

Blue Bird Corporation Competitors

Douglas Dynamics

NYSE:PLOW

US$647.0m

Astec Industries

NasdaqGS:ASTE

US$731.5m

Manitowoc Company

NYSE:MTW

US$533.3m

REV Group

NYSE:REVG

US$959.0m

Price History & Performance

Summary of all time highs, changes and price drops for Blue Bird
Historical stock prices
Current Share Price	US$19.60
52 Week High	US$28.80
52 Week Low	US$8.91
Beta	1.23
1 Month Change	1.45%
3 Month Change	-12.15%
1 Year Change	58.06%
3 Year Change	15.98%
5 Year Change	8.41%
Change since IPO	104.81%

A Look At The Fair Value Of Blue Bird Corporation (NASDAQ:BLBD)

Sep 29

Recent updates

A Look At The Fair Value Of Blue Bird Corporation (NASDAQ:BLBD)

Sep 29

Blue Bird (NASDAQ:BLBD) Takes On Some Risk With Its Use Of Debt

Aug 24

An Intrinsic Calculation For Blue Bird Corporation (NASDAQ:BLBD) Suggests It's 47% Undervalued

May 13

At US$25.06, Is It Time To Put Blue Bird Corporation (NASDAQ:BLBD) On Your Watch List?

Jun 10

Here's What's Concerning About Blue Bird's (NASDAQ:BLBD) Returns On Capital

Apr 28

Is Blue Bird Corporation (NASDAQ:BLBD) Trading At A 42% Discount?

Mar 22

Most Shareholders Will Probably Agree With Blue Bird Corporation's (NASDAQ:BLBD) CEO Compensation

Mar 04

We Think Blue Bird's (NASDAQ:BLBD) Statutory Profit Might Understate Its Earnings Potential

Feb 16

Here's What We Think About Blue Bird's (NASDAQ:BLBD) CEO Pay

Feb 01

Should We Be Excited About The Trends Of Returns At Blue Bird (NASDAQ:BLBD)?

Jan 19

Shareholder Returns

	BLBD	US Machinery	US Market
7D	6.6%	2.1%	1.1%
1Y	58.1%	7.3%	11.7%

Return vs Industry: BLBD exceeded the US Machinery industry which returned 7.2% over the past year.

Return vs Market: BLBD exceeded the US Market which returned 11.9% over the past year.

Price Volatility

Is BLBD's price volatile compared to industry and market?
BLBD volatility
BLBD Average Weekly Movement	6.3%
Machinery Industry Average Movement	4.8%
Market Average Movement	6.1%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	2.9%

Stable Share Price: BLBD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BLBD's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1927	1,595	Phil Horlock	https://www.blue-bird.com

Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally. It operates through two segments, Bus and Parts. The company offers Type C, Type D, and specialty buses; and alternative fuel applications through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses, as well as diesel engines.

Blue Bird Corporation Fundamentals Summary

How do Blue Bird's earnings and revenue compare to its market cap?
BLBD fundamental statistics
Market Cap	US$630.44m
Earnings (TTM)	-US$17.90m
Revenue (TTM)	US$1.09b

0.6x

P/S Ratio

-35.2x

P/E Ratio

Is BLBD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLBD income statement (TTM)
Revenue	US$1.09b
Cost of Revenue	US$1.00b
Gross Profit	US$84.46m
Other Expenses	US$102.36m
Earnings	-US$17.90m

Last Reported Earnings

Jul 01, 2023

Next Earnings Date

Dec 11, 2023

Earnings per share (EPS)	-0.56
Gross Margin	7.77%
Net Profit Margin	-1.65%
Debt/Equity Ratio	1,292.1%

How did BLBD perform over the long term?

See historical performance and comparison

BLBD Stock Overview

Rewards

Risk Analysis

Blue Bird Corporation Competitors

NYSE:PLOW

US$647.0m

NasdaqGS:ASTE

US$731.5m

NYSE:MTW

US$533.3m

NYSE:REVG

US$959.0m

Price History & Performance

Recent News & Updates

Blue Bird Corporation to Report Q4, 2023 Results on Dec 11, 2023

Blue Bird Corporation Appoints Jenna Van Harpen as Executive Director of Fleet Sales

Less than half of directors are independent

Blue Bird Corporation Appoints Julie Fream to Board of Directors

Now 21% undervalued after recent price drop

A Look At The Fair Value Of Blue Bird Corporation (NASDAQ:BLBD)

Recent updates

Blue Bird Corporation to Report Q4, 2023 Results on Dec 11, 2023

Blue Bird Corporation Appoints Jenna Van Harpen as Executive Director of Fleet Sales

Less than half of directors are independent

Blue Bird Corporation Appoints Julie Fream to Board of Directors

Now 21% undervalued after recent price drop

A Look At The Fair Value Of Blue Bird Corporation (NASDAQ:BLBD)

Now 24% undervalued after recent price drop

Blue Bird (NASDAQ:BLBD) Takes On Some Risk With Its Use Of Debt

New major risk - Financial position

Now 22% undervalued after recent price drop

Blue Bird Corporation Provides Earnings Guidance for the Third Quarter, Fourth Quarter and Full Year of 2023

Blue Bird Corporation to Report Q3, 2023 Results on Aug 09, 2023

Blue Bird Corporation has completed a Follow-on Equity Offering in the amount of $90 million.

Blue Bird Corporation Announces Executive Changes

Blue Bird Corporation Announces Board Changes

Blue Bird Corporation Announces Management Changes

Phil Horlock Returns to Blue Bird CEO Position

An Intrinsic Calculation For Blue Bird Corporation (NASDAQ:BLBD) Suggests It's 47% Undervalued

Second quarter 2023 earnings released: EPS: US$0.22 (vs US$0.38 loss in 2Q 2022)

Blue Bird Corporation Raises Earnings Guidance for the Year 2023

First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Blue Bird Corporation Raises Earnings Guidance for the Year 2023

Blue Bird Corporation, Annual General Meeting, Mar 08, 2023

Blue Bird Corporation to Report Q1, 2023 Results on Feb 08, 2023

Blue Bird Corporation Provides Revenue Guidance for the Year 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Blue Bird (NASDAQ:BLBD) Weighed On By Its Debt Load?

Blue Bird Corporation to Report Q4, 2022 Results on Dec 12, 2022

Price target increased to US$23.50

Price target increased to US$23.50

Blue Bird: Ugly Numbers Mask Still-Attractive Long-Term Case

Blue Bird amends credit facility again amid supply chain disruptions

Is Blue Bird (NASDAQ:BLBD) Using Too Much Debt?

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Blue Bird Corporation Revises Earnings Guidance for the Year 2022

Blue Bird Corporation to Report Q3, 2022 Results on Aug 10, 2022

Blue Bird Expands its Electrification Ecosystem

Blue Bird Corporation(NasdaqGM:BLBD) dropped from Russell Microcap Value Index

Blue Bird Corporation Revises Earnings Guidance for the Year 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Blue Bird Corporation Unveils Electric Vehicle Platform at 2022 Advanced Clean Transportation (ACT) Expo

Blue Bird Corporation to Report Q2, 2022 Results on May 12, 2022

Price target increased to US$27.00

Blue Bird Corporation Appoints Jim Nelles as Senior Vice President, Global Supply Chain Management

Blue Bird: It Only Makes Sense If EV Buses Are On The Horizon

Capital Allocation Trends At Blue Bird (NASDAQ:BLBD) Aren't Ideal

Blue Bird Corporation Announces Resignation of Paul Yousif as Senior Vice President and General Counsel, and Corporate Treasurer, Effective March 31, 2022

Does Blue Bird (NASDAQ:BLBD) Have A Healthy Balance Sheet?

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Blue Bird Corporation, Annual General Meeting, Mar 09, 2022

Blue Bird Corporation, Annual General Meeting, Mar 09, 2022

Blue Bird Corporation to Report Q1, 2022 Results on Feb 09, 2022

Blue Bird: Take The Long View

Blue Bird Corporation announced that it has received $75 million in funding from Coliseum Capital Management, LLC

Blue Bird Corporation Provides Earnings Guidance for the Fiscal Year 2022

Investor sentiment deteriorated over the past week

Capital Allocation Trends At Blue Bird (NASDAQ:BLBD) Aren't Ideal

Investor sentiment improved over the past week

Chief Operating Officer Charles Jenkins has left the company