What is DA Davidson’s Estimate for Blue Bird Q1 Earnings?

Blue Bird Co. (NASDAQ:BLBD) – Analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Blue Bird in a research report issued to clients and investors on Wednesday, November 27th. DA Davidson analyst M. Shlisky forecasts that the company will post earnings of $0.88 per share for the quarter. DA Davidson currently has a “Buy” rating and a $67.00 price target on the stock. The consensus estimate for Blue Bird’s current full-year earnings is $3.77 per share. DA Davidson also issued estimates for Blue Bird’s FY2025 earnings at $4.29 EPS.

BLBD has been the topic of a number of other reports. Bank of America reduced their target price on shares of Blue Bird from $66.00 to $63.50 and set a “buy” rating on the stock in a report on Tuesday, November 26th. BTIG Research started coverage on shares of Blue Bird in a research note on Wednesday, October 9th. They set a “buy” rating and a $55.00 price objective for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $66.00 price objective on shares of Blue Bird in a research note on Tuesday, November 26th. Craig Hallum upped their price objective on shares of Blue Bird from $68.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Roth Capital downgraded shares of Blue Bird from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 3rd. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $60.64.

Blue Bird Price Performance

Blue Bird stock opened at $42.43 on Monday. The firm has a market capitalization of $1.37 billion, a PE ratio of 13.34, a P/E/G ratio of 1.10 and a beta of 1.62. The company has a quick ratio of 0.66, a current ratio of 1.37 and a debt-to-equity ratio of 0.56. The firm’s 50-day simple moving average is $43.01 and its 200 day simple moving average is $48.41. Blue Bird has a 52 week low of $19.30 and a 52 week high of $59.40.

Hedge Funds Weigh In On Blue Bird

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Franklin Resources Inc. boosted its holdings in Blue Bird by 13.0% in the 3rd quarter. Franklin Resources Inc. now owns 60,329 shares of the company’s stock worth $2,712,000 after acquiring an additional 6,940 shares during the period. Virtu Financial LLC boosted its holdings in Blue Bird by 38.3% in the 3rd quarter. Virtu Financial LLC now owns 15,519 shares of the company’s stock worth $744,000 after acquiring an additional 4,295 shares during the period. Hohimer Wealth Management LLC purchased a new position in shares of Blue Bird during the 3rd quarter valued at approximately $244,000. Geode Capital Management LLC boosted its stake in shares of Blue Bird by 26.2% during the 3rd quarter. Geode Capital Management LLC now owns 752,228 shares of the company’s stock valued at $36,084,000 after buying an additional 156,298 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of Blue Bird by 976.5% during the 3rd quarter. Barclays PLC now owns 128,658 shares of the company’s stock valued at $6,171,000 after buying an additional 116,707 shares during the last quarter. Hedge funds and other institutional investors own 93.59% of the company’s stock.

Insider Buying and Selling

In other Blue Bird news, President Britton Smith sold 2,508 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $49.81, for a total value of $124,923.48. Following the completion of the transaction, the president now owns 80,617 shares in the company, valued at $4,015,532.77. This represents a 3.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.10% of the company’s stock.

About Blue Bird

Blue Bird Corporation, together with its subsidiaries, designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally. The company operates through two segments, Bus and Parts. It offers Type C, Type D, and specialty buses; and alternative power options through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses, as well as diesel engines.