Blue Bird, founded in 1927, is a market leader in school buses, now innovating with diesel, gasoline, propane, natural gas, and electric powertrains. The company shows strong fundamentals with record-breaking $1.35 billion revenues and doubled EBITDA, driven by a growing share of electric bus sales. The latest earnings report highlights a strong backlog and comfortable guidance beats for FY24, indicating robust future growth.
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 14th:
The old adage that stock prices tend to rise early in the year after a slump in the final weeks of the preceding year—the so-called January effect—is not necessarily true in general and certainly not the case for every single company. Still, many investors approach a new year with a reinvigorated sense of optimism, and this exuberance can sometimes lead them to take on higher-risk bets in the hopes of earning a more significant reward.
Blue Bird (BLBD) closed the most recent trading day at $40.29, moving +0.02% from the previous trading session.
In the most recent trading session, Blue Bird (BLBD) closed at $38.66, indicating a -1.98% shift from the previous trading day.
TSLA, GM, DORM, KAR and BLBD are poised to maintain strong momentum in 2025, driven by industry optimism, innovation and cost efficiency.
BLBD continues to report robust growth prospects, supported by a growing backlog, higher ASPs, raised FY2025 guidance, and raised long-term profit margin targets. These have directly contributed to its healthier balance sheet along with the raised consensus forward estimates, with it underscoring why the stock is cheap at current levels. Even then, it goes without saying that there may be near-term uncertainties, attributed to the potential change in the US EV policies under the President-elect Trump.
Here is how Blue Bird (BLBD) and Dorman Products (DORM) have performed compared to their sector so far this year.
Blue Bird (BLBD) possesses solid growth attributes, which could help it handily outperform the market.
Investors interested in stocks from the Automotive - Domestic sector have probably already heard of Blue Bird (BLBD) and Tesla (TSLA). But which of these two stocks is more attractive to value investors?
In the most recent trading session, Blue Bird (BLBD) closed at $44.42, indicating a +1.62% shift from the previous trading day.
BLBD, DORM and WPRT are a few auto stocks that Wall Street analysts recommend buying for the next year.