Blue Bird(BLBD)
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3 Broker-Favored Auto Stocks to Add to Your Portfolio Now
zacks.com· 2024-05-16 15:00
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 ...
Is Blue Bird (BLBD) Outperforming Other Auto-Tires-Trucks Stocks This Year?
zacks.com· 2024-05-16 14:41
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 ...
Blue Bird Corporation (BLBD) Hit a 52 Week High, Can the Run Continue?
zacks.com· 2024-05-16 14:15
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 ...
Shift Into High Gear With These 2 Domestic Auto Stocks
Zacks Investment Research· 2024-05-14 14:25
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 ...
Why Blue Bird Stock Is Up Today
The Motley Fool· 2024-05-09 19:28
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 ...
Buy in May and Stay? The Top 7 Stocks to Buy This Month
InvestorPlace· 2024-05-09 10:20
“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(BLBD) - 2024 Q2 - Earnings Call Transcript
2024-05-09 01:06
Just on the doubling of engineering spend that you had mentioned and new product, are these new products or new iterations of existing fuel types that you have? And is the chassis that you refer referred to the EV chassis sort of part of that and I'm just kind of curious how to think about the net benefits from the spend. Chris Pierce Chris Pierce And then just lastly, on Mike Shlisky question, I just want to understand, we're talking about cost increases in the second half of the year, but as someone newer ...
Blue Bird (BLBD) Beats Q2 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-08 22:11
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 ...
Blue Bird(BLBD) - 2024 Q2 - Quarterly Report
2024-05-08 20:36
(478) 822-2801 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. At May 3, 2024, 32,299,065 shares of the registrant's common stock, $0.0001 par value, were outs ...
Blue Bird(BLBD) - 2024 Q2 - Quarterly Results
2024-05-08 20:35
Highlights MACON, Ga. (May 8, 2024) – Blue Bird Corporation ("Blue Bird") (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2024 second quarter results. In expanding our leadership position in alternative-powered school buses, we achieved another record quarter of deliveries of our electric-powered buses. Additionally, at quarter-end, we had nearly 500 electric school bus orders in our backlog. We saw strong growth in EV orders from the EPA's Clean School Bus P ...