Blue Bird Corporation [BLBD] shares are down more than -38.18% this year and recently increased 0.06% or $0.69 to settle at $12.38. Analysts expect BLBD to grow earnings at a 15.00% annual rate over the next 5 years. BLBD has a short ratio of 3.60. This implies that the market is currently less bullish on the outlook for BLBD.

Analyst Birdseye View:

The most recent analyst activity for Blue Bird Corporation [NASDAQ:BLBD] stock was on May 13, 2019, when it was Upgrade with a Buy rating from Stifel, which also raised its 12-month price target on the stock from $21 to $23. Before that, on April 28, 2020, ROTH Capital Recapitulated a Neutral rating and elevated its amount target to $12. On February 09, 2018, Stifel Downgrade a Hold rating and boosted its price target on this stock to $23. On May 12, 2017, Stifel Reiterated a Buy rating and increased its price target from $20 to $22. On December 16, 2016, ROTH Capital Initiated a Buy rating. On August 05, 2016, Craig Hallum Reiterated a Buy rating and boosted its amount target on this stock to $23. On March 07, 2016, Craig Hallum Initiated a Buy rating. Stifel elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $8.40 and a peak of $23.99. Right now, according to Wall Street analyst the average 12-month amount target is $16.00. At the most recent market close, shares of Blue Bird Corporation [NASDAQ:BLBD] were valued at $12.38. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

Blue Bird Corporation [NASDAQ:BLBD] most recently reported quarterly sales of 189.18 billion, which represented growth of -38.70%. This publicly-traded organization’s revenue is $442,989 per employee, while its income is $10,565 per employee. This company’s Gross Margin is currently 12.00%, its Operating Margin is 2.80%, its Pretax Margin is +2.91, and its Net Margin is +2.38.

The Principal structure of this organization shows its whole liability to whole principal at 152.65 and the whole liability to whole assets at 50.28. It shows enduring liability to the whole principal at 143.49 and enduring liability to assets at 0.47 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 11.49 points at 1st support level, the second support level is making up to 11.30. But as of 1st resistance point, this stock is sitting at 12.04 and at 12.39 for 2nd resistance point.

Blue Bird Corporation [BLBD] reported its earnings at $0.16 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.21/share signifying the difference of -0.05 and -23.80% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.1 calling estimates for $0.24/share with the difference of -0.14 depicting the surprise of -58.30%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Blue Bird Corporation [NASDAQ:BLBD] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.42. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.51 and showing 27.12 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Yousif Paul, General Counsel & Treasurer, and it was the sale of 10000.0 shares on Jun 18. Terry Mark Ashburn, the Chief Commercial Officer, completed a sale of 15000.0 shares on Jun 08. On Mar 10, Horlock Phil, President and CEO, completed a sale of 1042.0 shares.