Blue Bird CorpBLBD
About: Blue Bird Corp is an American bus manufacturing company. It has its operations in two segments. The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. It carries its operations in the United States, Canada, and the rest of the world. The majority of its sales are derived from the United States through its bus manufacturing business.
Employees: 1,830
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
241% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 22
33% more capital invested
Capital invested by funds: $1.14B [Q1] → $1.51B (+$372M) [Q2]
29% more funds holding
Funds holding: 185 [Q1] → 238 (+53) [Q2]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]
5.29% less ownership
Funds ownership: 92.07% [Q1] → 86.77% (-5.29%) [Q2]
20% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $15.2M
21% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 85
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
BTIG Gregory Lewis 39% 1-year accuracy 9 / 23 met price target | 28%upside $55 | Buy Initiated | 9 Oct 2024 |
Roth MKM Craig Irwin 32% 1-year accuracy 9 / 28 met price target | 11%upside $48 | Neutral Downgraded | 3 Oct 2024 |
Needham Chris Pierce 35% 1-year accuracy 19 / 55 met price target | 67%upside $72 | Buy Reiterated | 10 Sept 2024 |
DA Davidson Michael Shlisky 43% 1-year accuracy 10 / 23 met price target | 55%upside $67 | Buy Maintained | 9 Aug 2024 |
Barclays Adam Seiden 71% 1-year accuracy 10 / 14 met price target | 25%upside $54 | Overweight Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 14 articles about BLBD published over the past 30 days