Blue Bird stock has underperformed recently but still delivered a 90% return over the past year, outperforming the S&P 500. Execution challenges and potential policy changes under President-elect Trump are key risks, especially regarding EPA funding post-2027. Management aims to scale EV production significantly, targeting 4K-5K units post-2028, up from 704 units in FY2024.
Blue Bird Corporation reported strong FY24 results with double-digit top-line growth, driven by robust demand and higher pricing. Anticipated decline in EV sales in H1 FY25 due to customer delivery requests, but backlog and continued healthy demand should drive growth in H2 FY25 and beyond. Higher pricing, focus on operational efficiency, and cost reduction initiatives should fuel margins in the quarters ahead.
Here is how Blue Bird (BLBD) and Dorman Products (DORM) have performed compared to their sector so far this year.
Blue Bird (BLBD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
EMBC, BLBD and ENVA made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 2, 2024.
BLBD reports mixed fiscal fourth-quarter results and expects fiscal 2025 net revenues in the range of $1.4-$1.5 billion.
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?
Blue Bird Corporation's shares dropped 5% despite better-than-expected revenue and adjusted earnings due to revised long-term guidance and political risks from potential tariffs. The company reported strong Q4 results with revenue of $350.2 million and adjusted EPS of $0.77, outperforming analyst expectations. Management's revised long-term guidance indicates slower growth, but near-term performance improvements and lower trading multiples make the stock a 'strong buy'.
Blue Bird Corporation (NASDAQ:BLBD ) Q4 2024 Earnings Conference Call November 25, 2024 4:30 PM ET Company Participants Mark Benfield - IR Phil Horlock - CEO Razvan Radulescu - CFO Conference Call Participants Mike Shlisky - D. A. Davidson.
Blue Bird (BLBD) came out with quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.66 per share a year ago.
Blue Bird Corporation BLBD will release earnings results for its fourth quarter, after the closing bell on Monday, Nov. 25.
In the closing of the recent trading day, Blue Bird (BLBD) stood at $37.66, denoting a +0.21% change from the preceding trading day.