When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Blue Bird (BLBD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Blue Bird currently has an average brokerage recommendation ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Blue Bird Corporation (BLBD) : This school buses company has seen the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days. Sensus Healthcare, Inc. (SRTS) : This medical device company has seen the Zacks Consensus Estimate for its current year earnings increasing 13.8% over the last 60 days. Lakeland Industries, Inc. (LAKE) : This company that manufactures and sells industrial protective clothing ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 13th: Blue Bird Corporation (BLBD) : This school buses company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days. Blue Bird has a PEG ratio of 0.29 compared with 0.59 for the industry. The company possesses a Growth Score of B. CRA International, Inc. (CRAI) : This economic, financial, and management consultin ...

The highly cyclical Zacks Domestic Auto industry is grappling with economic uncertainty amid elevated interest rates that might delay big-ticket purchases. High inventory levels are leading to vehicle discounts, squeezing automakers' margins. Slower-than-expected adoption of electric vehicles (EVs) adds to the industry's challenges, and rising labor costs are only making matters worse. Despite this bleak outlook, two industry players — General Motors (GM) and Blue Bird Corp (BLBD) — are defying the odds and ...

Olena_T We previously covered Blue Bird Corporation (NASDAQ:NASDAQ:BLBD) in May 2024, discussing its robust prospects, thanks to the pent-up demand for school bus replacements after multiple delays over the past three years. Combined with the improved sales across electric/ low-emission school buses against its competitors, compared to the massive electrification trend over the next decade, we had initiated a Buy rating upon a moderate retracement for an improved margin of safety. Since then, BLBD has retra ...

Blue Bird Corporation (NASDAQ:BLBD) Q3 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Mark Benfield - IR Phil Horlock - CEO Razvan Radulescu - CFO Conference Call Participants Mike Shlisky - D. A. Davidson. Chris Pierce - Needham Eric Stine - Craig-Hallum Sherif El-Sabbahy - Bank of America Merrill Lynch Operator Hello all and welcome to Blue Bird's Fiscal 2024 Third Quarter Earnings Conference Call. My name is Lydia and I'll be your operator today. After the prepared remarks t ...

Blue Bird (BLBD) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 82%. A quarter ago, it was expected that this school bus maker would post earnings of $0.43 per share when it actually produced earnings of $0.89, delivering a surprise of 106.98%. Over the last four quarters, the compan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Emerging growth company ☐ Washington D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ................................ to ............................................... Commission File Number 001-36267 BLUE BIRD CORPORATION (Exact ...

Highlights BLUE BIRD REPORTS FISCAL 2024 THIRD QUARTER RECORD RESULTS; RAISES 2024 GUIDANCE AND LONG-TERM OUTLOOK Net Sales of $333M, up 13% and GAAP Net Income of $29M, up $19M Record Quarterly Adj. EBITDA of $48M, up $19M with 2,151 Buses Sold FY2024 Adj. EBITDA Guidance Raised to $175M or 13% of Revenue Long-Term Adj. EBITDA Margin Outlook Raised to 15% MACON, Ga. (August 7, 2024) – Blue Bird Corporation ("Blue Bird") (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today i ...

Industrial stocks are vital to daily operations. Many investors are drawn to these companies due to their inherent need, whether it's a period of strong economic growth or an overall downturn. The need for industrials never changes on a macro scale. Investors typically feel safe investing in industrials regardless of the overall economic background. During times of economic recovery, industrials may thrive due to their increased capacity to focus on producing new products, expanding their workforce, and bui ...