Blue Bird (BLBD) Ascends While Market Falls: Some Facts to Note

Company Performance - Blue Bird (BLBD) closed at $44.20, reflecting a +2.41% increase from the previous day, outperforming the S&P 500's loss of 0.11% [1] - Over the past month, shares of Blue Bird gained 13.71%, significantly surpassing the Auto-Tires-Trucks sector's decline of 5.6% and the S&P 500's increase of 5.17% [1] Upcoming Earnings - Blue Bird is expected to report an EPS of $0.9, which represents a 1.1% decrease compared to the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $375 million, indicating a 12.49% increase from the previous year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $3.74 per share and revenue of $1.42 billion, reflecting increases of +8.09% and +5.61% respectively from the last year [3] Analyst Estimates - Recent changes to analyst estimates for Blue Bird are crucial as they reflect short-term business trends [4] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank and Valuation - Blue Bird currently holds a Zacks Rank of 5 (Strong Sell), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [6] - The company is trading at a Forward P/E ratio of 11.53, which aligns with its industry's Forward P/E of 11.53, and has a PEG ratio of 0.97 compared to the industry average of 1.15 [7] Industry Context - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 213, placing it in the bottom 14% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]