In the latest trading session, Blue Bird (BLBD) closed at $43.33, marking a -3.26% move from the previous day.
Blue Bird (BLBD) closed at $45.26 in the latest trading session, marking a -1.86% move from the prior day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the closing of the recent trading day, Blue Bird (BLBD) stood at $43.95, denoting a +2.47% move from the preceding trading day.
In the latest trading session, Blue Bird (BLBD) closed at $45.64, marking a +1.22% move from the previous day.
Blue Bird is currently undervalued and managing supply chain challenges well, but it faces a mature market with limited long-term growth without government subsidies. Intense competition, uncertain government funding, and declining school-age populations pose risks for future demand, despite Blue Bird's current electric bus leadership. My DCF valuation gives Blue Bird an intrinsic value of $50 (10% upside), but I am still hesitant to invest; therefore, I am giving Blue Bird a hold rating.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the closing of the recent trading day, Blue Bird (BLBD) stood at $44.2, denoting a +2.41% move from the preceding trading day.
The latest trading day saw Blue Bird (BLBD) settling at $42.88, representing a +2.17% change from its previous close.
Blue Bird delivered record EV sales in Q2 FY25, helping drive 3.8% YoY topline growth despite tough prior-year comps. Strong demand for both EV and traditional buses, plus a robust backlog of 4,900 units, provides solid sales visibility for upcoming quarters. Tariffs on Chinese components may temporarily moderate EV production, but ICE and alternative fuel bus demand supports overall volume growth.
Blue Bird (BLBD) reached $40.80 at the closing of the latest trading day, reflecting a -1.14% change compared to its last close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?