Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally.
Undervalued with moderate growth potential.
Share Price & News
How has Blue Bird's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLBD has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BLBD underperformed the US Machinery industry which returned 9.2% over the past year.
Return vs Market: BLBD underperformed the US Market which returned 15.4% over the past year.
Price Volatility Vs. Market
How volatile is Blue Bird's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StBlue Bird (NASDAQ:BLBD) Knows How to Allocate Capital
1 month ago | Simply Wall StHow Does Blue Bird's (NASDAQ:BLBD) CEO Pay Compare With Company Performance?
1 month ago | Simply Wall StThe Chief Commercial Officer of Blue Bird Corporation (NASDAQ:BLBD), Mark Terry, Just Sold 84% Of Their Holding
Is Blue Bird undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BLBD ($13.01) is trading below our estimate of fair value ($27.98)
Significantly Below Fair Value: BLBD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BLBD is good value based on its PE Ratio (13.7x) compared to the US Machinery industry average (25x).
PE vs Market: BLBD is good value based on its PE Ratio (13.7x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: BLBD is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: BLBD has negative assets, so we can't compare its PB Ratio to the US Machinery industry average.
How is Blue Bird forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLBD's forecast earnings growth (41.1% per year) is above the savings rate (2.2%).
Earnings vs Market: BLBD's earnings (41.1% per year) are forecast to grow faster than the US market (22.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BLBD's revenue is expected to decline over the next 3 years (-9.6% per year).
High Growth Revenue: BLBD's revenue is forecast to decline over the next 3 years (-9.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BLBD's Return on Equity is forecast to be high in 3 years time
How has Blue Bird performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLBD has a large one-off loss of $10.5M impacting its April 4 2020 financial results.
Growing Profit Margin: BLBD's current net profit margins (2.4%) are lower than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: BLBD has become profitable over the past 5 years, growing earnings by 38.7% per year.
Accelerating Growth: BLBD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BLBD had negative earnings growth (-26.2%) over the past year, making it difficult to compare to the Machinery industry average (-12.2%).
Return on Equity
High ROE: BLBD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Blue Bird's financial position?
Financial Position Analysis
Short Term Liabilities: BLBD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BLBD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: BLBD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BLBD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BLBD's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: BLBD's interest payments on its debt are well covered by EBIT (3.9x coverage).
What is Blue Bird current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BLBD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BLBD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BLBD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BLBD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BLBD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Phil Horlock (64 yo)
Mr. Philip Horlock, also known as Phil, has been the Chief Executive Officer, President and Director of Blue Bird Corporation since February 24, 2015. Mr. Horlock served as the President and Chief Financia ...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD3.49M) is above average for companies of similar size in the US market ($USD2.06M).
Compensation vs Earnings: Phil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chief Administrative Officer||4.75yrs||US$1.18m||0.12% |
|General Counsel & Corporate Treasurer||3.67yrs||US$498.36k||0.030% |
|Chief Commercial Officer||4.33yrs||US$1.11m||0.010% |
|Chief Financial Officer||0.17yr||no data||no data|
|Chief Operating Officer||0.67yr||no data||0.038% |
|Executive Director of Profitability & Investor Relations||no data||no data||no data|
|Vice President of Human Resources & External Affairs||0.67yr||no data||no data|
|Senior VP of Product Planning & Development||no data||no data||no data|
|President & CEO of Micro Bird Inc.||no data||no data||no data|
Experienced Management: BLBD's management team is considered experienced (3.7 years average tenure).
|Independent Director||5.5yrs||US$100.00k||0.062% |
|Independent Chairman of the Board||4.17yrs||US$155.00k||no data|
|Independent Director||5.5yrs||US$110.00k||0.062% |
|Independent Director||no data||US$105.00k||0.078% |
|Independent Director||3.33yrs||US$100.00k||0.030% |
|Independent Director||1.75yrs||US$100.00k||no data|
|Independent Director||1.42yrs||US$100.00k||0.011% |
Experienced Board: BLBD's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BLBD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.
Blue Bird Corporation's company bio, employee growth, exchange listings and data sources
- Name: Blue Bird Corporation
- Ticker: BLBD
- Exchange: NasdaqGM
- Founded: 1927
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$351.625m
- Shares outstanding: 27.03m
- Website: https://www.blue-bird.com
Number of Employees
- Blue Bird Corporation
- 3920 Arkwright Road
- 2nd Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BLBD||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Feb 2015|
|4RB||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 2015|
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 comp ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/07 00:30|
|End of Day Share Price||2020/08/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.