Key Points
- CFO Razvan Radulescu sold 3,925 shares of Blue Bird on Feb. 19 at an average price of $60.98 for $239,346.50, trimming his stake by 8.5% to 42,255 shares (about $2.58M).
- Blue Bird beat recent estimates, reporting $1.00 EPS vs. $0.80 expected and $333.08M in revenue vs. $325.74M, with a 57.6% ROE, 8.65% net margin and revenue up 6.1% year‑over‑year.
- Analysts are largely bullish—one Strong Buy and six Buy ratings—with an average target of $67.20 and several firms raising targets to $76–$78; the stock trades near its 52‑week high ($62.55) and has a market cap of about $1.93B.
Blue Bird Corporation (NASDAQ:BLBD - Get Free Report) CFO Razvan Radulescu sold 3,925 shares of Blue Bird stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $60.98, for a total transaction of $239,346.50. Following the completion of the transaction, the chief financial officer owned 42,255 shares of the company's stock, valued at $2,576,709.90. This trade represents a 8.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Razvan Radulescu also recently made the following trade(s):
- On Wednesday, December 10th, Razvan Radulescu sold 7,984 shares of Blue Bird stock. The stock was sold at an average price of $50.39, for a total transaction of $402,313.76.
Blue Bird Stock Performance
Shares of BLBD stock opened at $61.00 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.81 and a debt-to-equity ratio of 0.31. Blue Bird Corporation has a 52 week low of $30.04 and a 52 week high of $62.55. The stock has a market capitalization of $1.93 billion, a PE ratio of 15.40, a P/E/G ratio of 2.42 and a beta of 1.45. The firm has a 50 day moving average of $51.76 and a two-hundred day moving average of $53.53.
Blue Bird (NASDAQ:BLBD - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.00 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.20. The business had revenue of $333.08 million for the quarter, compared to analyst estimates of $325.74 million. Blue Bird had a return on equity of 57.60% and a net margin of 8.65%.The company's revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 earnings per share. On average, research analysts predict that Blue Bird Corporation will post 3.86 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. Zacks Research upgraded Blue Bird from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 5th. UBS Group reiterated a "buy" rating on shares of Blue Bird in a research note on Monday, November 3rd. Needham & Company LLC boosted their price target on shares of Blue Bird from $70.00 to $78.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. DA Davidson raised their price objective on shares of Blue Bird from $70.00 to $76.00 and gave the company a "buy" rating in a report on Tuesday, November 25th. Finally, BTIG Research reaffirmed a "buy" rating and set a $65.00 price objective on shares of Blue Bird in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $67.20.
Get Our Latest Analysis on BLBD
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. University of Texas Texas AM Investment Management Co. purchased a new stake in Blue Bird in the second quarter valued at $29,000. Blue Trust Inc. acquired a new stake in shares of Blue Bird during the third quarter worth about $38,000. Transamerica Financial Advisors LLC increased its position in shares of Blue Bird by 222.7% during the fourth quarter. Transamerica Financial Advisors LLC now owns 823 shares of the company's stock worth $39,000 after purchasing an additional 568 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Blue Bird by 10,028.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the company's stock valued at $41,000 after purchasing an additional 702 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Blue Bird in the 4th quarter valued at about $41,000. 93.59% of the stock is owned by hedge funds and other institutional investors.
Blue Bird Company Profile
(
Get Free Report)
Blue Bird Corporation (NASDAQ: BLBD) is a leading manufacturer of buses and mass transportation vehicles headquartered in Fort Valley, Georgia. The company's core business encompasses the design, engineering, and production of school buses and activity buses, with a product lineup that includes conventional (Type C) models, transit-style (Type D) models and specialty configurations for special-needs and activity transport. In recent years, Blue Bird has expanded its offerings to include zero-emission electric school buses, reflecting its commitment to advanced propulsion technologies and environmental sustainability.
Established in 1927, Blue Bird has built a legacy of safety and reliability in student transportation.
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