Blue Bird Corp (BLBD) stock poised to deliver a potential return of 41.01%

Blue Bird Corp [BLBD] stock prices are up 0.07% to $41.84 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BLBD shares have gain 1.68% over the last week, with a monthly amount glided 1.43%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Blue Bird Corp [NASDAQ: BLBD] stock has seen the most recent analyst activity on October 09, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $55. Previously, ROTH MKM downgraded its rating to Neutral on October 03, 2024, and kept the price target unchanged to $48. On July 17, 2024, Needham reiterated its Buy rating and revised its price target to $65 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $44 on February 29, 2024. Barclays initiated its recommendation with a Overweight and recommended $25 as its price target on September 11, 2023. In a note dated August 18, 2023, BofA Securities initiated an Buy rating and provided a target price of $26.50 on this stock.

The stock price of Blue Bird Corp [BLBD] has been fluctuating between $30.04 and $57.80 over the past year. Currently, Wall Street analysts expect the stock to reach $59 within the next 12 months. Blue Bird Corp [NASDAQ: BLBD] shares were valued at $41.84 at the most recent close of the market. An investor can expect a potential return of 41.01% based on the average BLBD price forecast.

Analyzing the BLBD fundamentals

The Blue Bird Corp [NASDAQ:BLBD] reported sales of 1.36B for trailing twelve months, representing a surge of 3.74%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.65 and Total Capital is 0.42. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.30 points at the first support level, and at 40.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.60, and for the 2nd resistance point, it is at 43.35.

Ratios To Look Out For

It’s worth pointing out that Blue Bird Corp [NASDAQ:BLBD]’s Current Ratio is 1.45. As well, the Quick Ratio is 0.73, while the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 6.96 and price to earnings (TTM) ratio is 12.92.

Transactions by insiders

Recent insider trading involved Horlock Phil, Director, that happened on Jun 12 ’25 when 14875.0 shares were sold. Director, Horlock Phil completed a deal on Jun 11 ’25 to sell 13289.0 shares. Meanwhile, Director Horlock Phil sold 8860.0 shares on Jun 10 ’25.

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