The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Blue Bird (BLBD) . While the ABR calls for buying Blue Bird, it ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...

In the fast-paced world of investment, broker recommendations serve as guiding beacons. Their assessments not only offer insights but also carry significant weight, influencing market sentiment and investor decisions. These brokers diligently revise their earnings estimates, weighing the potential upsides and downsides of the stocks they analyze. In this article, we delve into three auto stocks - Blue Bird Corp (BLBD) , General Motors (GM) and Dorman Products (DORM) - that have gamered favor from brokers an ...

For those looking to find strong Auto-Tires-Trucks stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Blue Bird (BLBD) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question. Blue Bird is a member of our Auto-Tires-Trucks group, which includes 108 different companies and currently sits at #16 in the Zacks Sector Rank. The Zacks Se ...

Have you been paying attention to shares of Blue Bird (BLBD) ? Shares have been on the move with the stock up 54.8% over the past month. The stock hit a new 52-week high of $54.26 in the previous session. Blue Bird has gained 96.5% since the start of the year compared to the -13.3% move for the Zacks Auto-Tires-Trucks sector and the -23.9% return for the Zacks Automotive - Domestic industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed o ...

The near-term prospects of the Zacks Domestic Auto industry will be shaped by various factors. Vehicle sales are expected to grow this year, albeit at a slower rate compared to 2023 amid inflationary pressure, high borrowing costs and economic uncertainty. While increased labor expenses stemming from the recent UAW agreement will play a deterrent, the effects of it would be largely offset by declining input costs. Normalization of supply chains has boosted inventory levels but margins are under pressure due ...

The company is profiting on demand for school buses.Blue Bird (BLBD 27.68%) is making more money selling school buses than expected, and investors are taking notice. Shares of the transportation company surged 26% Thursday after a strong earnings report.Blue Bird gets an A+Blue Bird is a nearly 100-year-old maker of school buses with more than 20,000 vehicles currently on the road.The company earned $0.89 per share in its fiscal second quarter ending March 30 on revenue of $345.9 million, easily topping Wal ...

“Sell in May and Go Away” is a very popular slogan this time of year. And I would admit it applies to many investors right now. Why wouldn’t it? The stock market just had one of the best rallies we’ve seen, which is cooling down now. That is along with bad macroeconomic reports spelling trouble for the economy.GDP growth came in low at 1.6% vs 2.2% expected, and inflation came in slightly hotter. If you put all these things together, it might look like the perfect time to shift your gains away from growth a ...

Blue Bird Corporation (NASDAQ:BLBD) Q2 2024 Results Conference Call May 8, 2024 4:30 PM ET Company Participants Mark Benfield - IR Phil Horlock - CEO Razvan Radulescu - CFO Conference Call Participants Eric Stine - Craig-Hallum Mike Shlisky - D.A. Davidson Chris Pierce - Needham Operator Hello and welcome to the Blue Bird Corporation Fiscal 2024 Second Quarter Earning Call. My name is Natasha, and I will be your moderator for today. [Operator Instructions] I now have the pleasure of handing you over to your ...

Blue Bird (BLBD) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 106.98%. A quarter ago, it was expected that this school bus maker would post earnings of $0.36 per share when it actually produced earnings of $0.91, delivering a surprise of 152.78%.Over the last four quarters, the com ...