A new trading day began on Monday, with Blue Bird Corp (NASDAQ: BLBD) stock price up 4.01% from the previous day of trading, before settling in for the closing price of $41.18. BLBD’s price has ranged from $17.79 to $59.40 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 5.66% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 6.73%. With a float of $31.77 million, this company’s outstanding shares have now reached $32.17 million.
In an organization with 1830 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 18.94%, operating margin of 10.99%, and the pretax margin is 9.64%.
Blue Bird Corp (BLBD) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Blue Bird Corp is 1.80%, while institutional ownership is 94.50%. The most recent insider transaction that took place on Sep 16 ’24, was worth 1,509,166. In this transaction Chief Executive Officer of this company sold 29,708 shares at a rate of $50.80, taking the stock ownership to the 299,812 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Chief Executive Officer sold 30,044 for $49.20, making the entire transaction worth $1,478,165. This insider now owns 299,812 shares in total.
Blue Bird Corp (BLBD) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.91 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.96 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 58.86% during the next five years compared to -6.09% drop over the previous five years of trading.
Blue Bird Corp (NASDAQ: BLBD) Trading Performance Indicators
Here are Blue Bird Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 16.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.02, a number that is poised to hit 0.80 in the next quarter and is forecasted to reach 4.35 in one year’s time.
Technical Analysis of Blue Bird Corp (BLBD)
Let’s dig in a bit further. During the last 5-days, its volume was 0.98 million. That was better than the volume of 0.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.45%. Additionally, its Average True Range was 2.09.
During the past 100 days, Blue Bird Corp’s (BLBD) raw stochastic average was set at 33.94%, which indicates a significant decrease from 81.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.46% in the past 14 days, which was higher than the 47.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.16, while its 200-day Moving Average is $44.28. However, in the short run, Blue Bird Corp’s stock first resistance to watch stands at $44.02. Second resistance stands at $45.22. The third major resistance level sits at $46.44. If the price goes on to break the first support level at $41.60, it is likely to go to the next support level at $40.38. Assuming the price breaks the second support level, the third support level stands at $39.18.
Blue Bird Corp (NASDAQ: BLBD) Key Stats
With a market capitalization of 1.39 billion, the company has a total of 32,356K Shares Outstanding. Currently, annual sales are 1,133 M while annual income is 23,810 K. The company’s previous quarter sales were 333,370 K while its latest quarter income was 28,710 K.
