4 Analysts Rate Blue Bird: What You Need to Know – Blue Bird (NASDAQ:BLBD)

In the last three months, 4 analysts have rated Blue Bird BLBand offers a wide spectrum of opinions from optimistic to pessimistic.

The following table summarizes their recent assessments, illustrates the evolution of sentiment over the past 30 days and compares it with previous months.

Analysts have set 12-month price targets for Blue Bird. The average price target is $65.50, the high estimate is $66.00, and the low estimate is $65.00. This uptrend is clearly visible, with the current average representing a 24.76% increase from the previous average price target of $52.50.

Analysis of analyst ratings: A detailed overview

By examining recent analyst actions, we gain insight into how financial professionals perceive Blue Bird. The following summary provides an overview of the key analysts, their recent reviews, and any adjustments to their ratings and price targets.

Key findings:

• Action taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they “maintain,” “increase,” or “lower” their rating shows their reaction to recent developments at Blue Bird. These insights provide an overview of the analysts’ view on the current state of the company.
• Evaluation: Analysts assign qualitative ratings to stocks ranging from outperform to underperform. These ratings reflect analysts’ expectations of Blue Bird’s relative performance compared to the overall market.
• Price targets: Analysts study the movements and provide estimates for the future value of Blue Bird stock. This analysis shows how analysts’ expectations change over time.

Reviewing these analyst ratings along with other financial indicators can help in getting a comprehensive understanding of Blue Bird’s market position. Stay informed and make data-driven decisions with our ratings table.

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Revealing the story behind Blue Bird

Blue Bird Corp is an American bus manufacturer. The company is organized into two segments. The Bus segment includes design, engineering, manufacturing and sales of school buses and extended warranties; the Parts segment includes sales of replacement parts for buses. The company operates in the United States, Canada and the rest of the world. The majority of its revenue is generated from its bus manufacturing business in the United States.

Financial Milestones: Blue Bird’s Journey

Market capitalization analysis: The company has a lower market capitalization profile, which is below the industry average, indicating a smaller size compared to peers.

Sales growth: Over the 3-month period, Blue Bird showed a positive performance and achieved a revenue growth rate of 15.38% As of March 31, 2024. This reflects a significant increase in the company’s revenue. Compared to other companies in the industrial sector, the company performed excellently with a growth rate above the average of its competitors.

Net margin: Blue Bird’s net margin exceeds industry averages and reaches 7.52%This stands for efficient cost management and a solid financial position.

Return on equity (ROE): Blue Bird’s ROE stands out and exceeds the industry average. With an impressive ROE of 28.7%The company demonstrates effective use of equity and strong financial performance.

Return on assets (ROA): The company’s ROA is outstanding and exceeds the industry average. With an impressive ROA of 5.86%, The company demonstrates effective use of its assets.

Debt management: Blue Bird’s debt ratio is below the industry average and indicates a solid financial structure with a ratio of 0.93.

How are analyst ratings determined?

Analysts work in banking and finance and typically specialize in reporting on stocks or specific sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish “analyst ratings” on stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer forecasts for useful metrics such as earnings, revenue and growth estimates to provide further guidance on what to do with certain tickers. It’s important to remember that while stock and industry analysts are specialists, they’re also only human and can only predict their estimates to traders.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.