Latest news with #BLBD
Globe and Mail
4 days ago
- Business
- Globe and Mail
Why Blue Bird Stock Soared More Than 27% Higher This Week
Key Points The veteran bus maker delivered a quarter for the ages. It notched new all-time highs in key fundamentals. 10 stocks we like better than Blue Bird › A beat-and-raise fiscal third quarter was the fuel driving Blue Bird (NASDAQ: BLBD) stock forward this week. Thanks mostly to this the company's shares motored over 27% higher during the period, according to data compiled by S&P Global Market Intelligence. Blue's success with yellow That three-month period saw Blue Bird, a longtime manufacturer of school buses, hit new highs for both quarterly revenue and profitability. The former line item zoomed 19% higher to $398 million, while non-GAAP (adjusted) net income improved by more than 26% to $38.7 million ($1.19 per share). Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Analysts were expecting the quarter to be profitable, but not this profitable. As a group they were modeling only $1 per share for adjusted net income. They also underestimated revenue, as they predicted less than $378 million. Although it's identified -- if at all -- with the traditional gas-guzzling yellow school buses, Blue Bird has been busily upgrading its signature product over the years. It has pushed assertively into the alternative-fuel space, embracing greener solutions such as electric vehicle (EV) technology. In its earnings release, Blue Bird referred to "expanding its leadership" in such alt-fuel offerings. It also mentioned that it was able to successfully side-step many of the tariffs recently imposed by the Trump administration, among other results-boosting factors. A lift in guidance With that solid quarter at its back, Blue Bird felt confident enough to raise its full-year-2025 guidance. The company now expects to earn roughly $1.45 billion in revenue and post an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) figure of $205 million to $215 million. It did not provide a net income estimate. Should you invest $1,000 in Blue Bird right now? Before you buy stock in Blue Bird, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Blue Bird wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025
Yahoo
4 days ago
- Business
- Yahoo
Why Blue Bird Stock Soared More Than 27% Higher This Week
Key Points The veteran bus maker delivered a quarter for the ages. It notched new all-time highs in key fundamentals. 10 stocks we like better than Blue Bird › A beat-and-raise fiscal third quarter was the fuel driving Blue Bird (NASDAQ: BLBD) stock forward this week. Thanks mostly to this the company's shares motored over 27% higher during the period, according to data compiled by S&P Global Market Intelligence. Blue's success with yellow That three-month period saw Blue Bird, a longtime manufacturer of school buses, hit new highs for both quarterly revenue and profitability. The former line item zoomed 19% higher to $398 million, while non-GAAP (adjusted) net income improved by more than 26% to $38.7 million ($1.19 per share). Analysts were expecting the quarter to be profitable, but not this profitable. As a group they were modeling only $1 per share for adjusted net income. They also underestimated revenue, as they predicted less than $378 million. Although it's identified -- if at all -- with the traditional gas-guzzling yellow school buses, Blue Bird has been busily upgrading its signature product over the years. It has pushed assertively into the alternative-fuel space, embracing greener solutions such as electric vehicle (EV) technology. In its earnings release, Blue Bird referred to "expanding its leadership" in such alt-fuel offerings. It also mentioned that it was able to successfully side-step many of the tariffs recently imposed by the Trump administration, among other results-boosting factors. A lift in guidance With that solid quarter at its back, Blue Bird felt confident enough to raise its full-year-2025 guidance. The company now expects to earn roughly $1.45 billion in revenue and post an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) figure of $205 million to $215 million. It did not provide a net income estimate. Should you invest $1,000 in Blue Bird right now? Before you buy stock in Blue Bird, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Blue Bird wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Blue Bird. The Motley Fool has a disclosure policy. Why Blue Bird Stock Soared More Than 27% Higher This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-08-2025
- Business
- Yahoo
Blue Bird (BLBD) Registers a Bigger Fall Than the Market: Important Facts to Note
Blue Bird (BLBD) ended the recent trading session at $43.33, demonstrating a -3.26% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 1.6%. Meanwhile, the Dow experienced a drop of 1.23%, and the technology-dominated Nasdaq saw a decrease of 2.24%. The school bus maker's stock has dropped by 1.78% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 0.65% and the S&P 500's gain of 2.25%. The investment community will be paying close attention to the earnings performance of Blue Bird in its upcoming release. The company is slated to reveal its earnings on August 6, 2025. The company is expected to report EPS of $0.9, down 1.1% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $375 million, up 12.49% from the prior-year quarter. BLBD's full-year Zacks Consensus Estimates are calling for earnings of $3.74 per share and revenue of $1.42 billion. These results would represent year-over-year changes of +8.09% and +5.61%, respectively. It is also important to note the recent changes to analyst estimates for Blue Bird. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, Blue Bird holds a Zacks Rank of #3 (Hold). With respect to valuation, Blue Bird is currently being traded at a Forward P/E ratio of 11.97. This valuation marks no noticeable deviation compared to its industry average Forward P/E of 11.97. Also, we should mention that BLBD has a PEG ratio of 1.01. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Automotive - Domestic industry stood at 2.18 at the close of the market yesterday. The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 191, finds itself in the bottom 23% echelons of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Blue Bird Corporation (BLBD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
BLBD Q2 Earnings Call: Tariffs Pressure EV Margins as Blue Bird Maintains Guidance
School bus company Blue Bird (NASDAQ:BLBD) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 3.7% year on year to $358.9 million. The company's full-year revenue guidance of $1.45 billion at the midpoint came in 0.9% above analysts' estimates. Its non-GAAP profit of $0.96 per share was in line with analysts' consensus estimates. Is now the time to buy BLBD? Find out in our full research report (it's free). Revenue: $358.9 million vs analyst estimates of $356.8 million (3.7% year-on-year growth, 0.6% beat) Adjusted EPS: $0.96 vs analyst estimates of $0.95 (in line) Adjusted EBITDA: $49.21 million vs analyst estimates of $47.31 million (13.7% margin, 4% beat) The company reconfirmed its revenue guidance for the full year of $1.45 billion at the midpoint EBITDA guidance for the full year is $200 million at the midpoint, above analyst estimates of $197.9 million Operating Margin: 9.4%, down from 10.4% in the same quarter last year Sales Volumes rose 1.8% year on year (-2.2% in the same quarter last year) Market Capitalization: $1.31 billion Blue Bird's second quarter results reflected ongoing demand for school buses, with management crediting higher average selling prices and a mix shift toward alternative power vehicles as key drivers. CEO John Wyskiel highlighted that the company's core combustion engine business remained stable, while sales of electric vehicles (EVs) reached a quarterly record. CFO Razvan Radulescu noted operational improvements and strategic cost management contributed to margin performance, though increased investments in headcount and engineering partially offset gains. Management acknowledged the impact of recently implemented tariffs, describing them as an emerging headwind, particularly for EVs, but emphasized that proactive pricing actions and a strong backlog supported operational stability in the quarter. Looking ahead, Blue Bird's guidance assumes continued strong demand for school buses and a balanced mix across product lines, but management flagged tariffs and supply chain volatility as significant risks. CFO Razvan Radulescu stated, "We are working with our supply chain partners to find alternative sources in the United States and North America, but this takes time." CEO John Wyskiel explained that the company may intentionally reduce EV production in coming quarters if tariff pressures persist, while substituting orders with internal combustion engine vehicles as needed. Management expects state and federal funding, including rounds of the EPA Clean School Bus Program, to remain supportive, while ongoing pricing adjustments are intended to offset rising input costs and maintain margin targets. Management identified sustained demand, pricing actions, and a growing alternative power mix as key factors in the quarter, while tariffs and supply chain challenges began to pressure margins and segment mix. Alternative power mix growth: Blue Bird reported increased sales of EV and propane-powered buses, maintaining its leadership in alternative power segments. Management cited owner loyalty and exclusive supplier status for propane models as drivers of higher margins and customer retention. Pricing adjustments offset cost pressures: The company implemented targeted price increases across product lines, including a 2% tariff-related hike and an additional 2% increase on new orders, to counteract the impact of new tariffs and rising material costs. Tariff impact most acute for EVs: Management explained that newly imposed tariffs, especially the 145% rate on certain Chinese imports, significantly increased the cost structure of EVs, prompting Blue Bird to temporarily prioritize internal combustion engine models over EVs until the situation stabilizes. Strong industry backlog and funding support: The company ended the quarter with a backlog representing over six months of production and continued to benefit from state and federal funding flows, particularly from the EPA Clean School Bus Program. Commercial chassis segment launch: Blue Bird debuted a new commercial chassis designed for propane and EV powertrains, targeting delivery and last-mile fleet customers, with a planned market launch in 2026. Early customer interest and best-in-class features were highlighted as potential growth drivers. Blue Bird's outlook is shaped by ongoing demand, evolving regulatory dynamics, and the company's strategic pricing and product mix decisions. Tariff-driven product mix shifts: Management stated that if high tariffs on EV components persist, Blue Bird will shift production toward internal combustion engine and propane buses, which are less affected by tariffs, to protect margins and meet customer demand. Dependence on government funding: The company's growth plan relies on continued state and federal subsidies, including expected future rounds of EPA grants. Management noted potential timing uncertainty for these funding programs, which could impact order flow and segment mix. Pricing strategy and supply chain adaptation: Blue Bird is proactively increasing prices to offset rising costs from tariffs and inflation, while working with suppliers to find alternative sourcing. Management believes these measures are critical to maintaining EBITDA margin targets, but acknowledged execution risk if material costs rise further or supply chain constraints worsen. In the coming quarters, key developments to monitor will include (1) whether Blue Bird can successfully execute price increases without eroding customer demand, (2) how persistent tariff pressures influence the company's EV production and segment mix, and (3) the pace of EPA Clean School Bus Program funding rounds and their effect on order intake. Strategic progress in launching the commercial chassis product and sourcing alternatives to tariff-impacted components will also be key milestones. Blue Bird currently trades at a forward P/E ratio of 9.8×. Should you double down or take your chips? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
Electric school bus funds ‘flowing' positive for Blue Bird, says Barclays
Barclays says round 3 of the Clean School Bus was unfrozen by the EPA after a review in accordance with recent executive orders, noting that about 10% of the roughly $900M total was 'approved in the last week alone.' This news is 'incrementally positive' for Blue Bird (BLBD) in a backdrop where 'most things EV have been seemingly more cautious,' according to the analyst, who has an Overweight rating and $54 price target on the bus maker's shares. Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on BLBD: Disclaimer & DisclosureReport an Issue Blue Bird price target lowered to $61 from $67 at DA Davidson Trump Trade: President said to end IRS Direct File, block DeepSeek Electric school bus shift stalls amid federal funding pause, Bloomberg says
