Blue Bird Corp (NASDAQ:BLBD) shares, rose in value, with the stock price up by 1.38% to the previous day’s close as strong demand from buyers drove the stock to $33.71.
Actively observing the price movement in the last trading, the stock closed the session at $33.25, falling within a range of $32.855 and $34.04. The value of beta (5-year monthly) was 1.372 whereas the PE ratio was 10.43 over 12-month period. Referring to stock’s 52-week performance, its high was $59.40, and the low was $30.04. On the whole, BLBD has fluctuated by -5.52% over the past month.
With the market capitalization of Blue Bird Corp currently standing at about $1.08 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.44B, with a low estimate of 347.2M and a high estimate of 349.46M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 348.23M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BLBD’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.21, with the price of BLBD currently trading nearly 0.76% and -2.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.45, while the 7-day volatility ratio is showing 5.16% which for the 30-day chart, stands at 5.54%. Furthermore, Blue Bird Corp (BLBD)’s beta value is 1.38, and its average true range (ATR) is 1.87.
A comparison of Blue Bird Corp (BLBD) with its peers suggests the former has fared considerably weaker in the market. BLBD showed an intraday change of 1.38% in last session, and over the past year, it shrunk by -6.39%%.
Data on historical trading for Blue Bird Corp (NASDAQ:BLBD) indicates that the trading volumes over the past 10 days have averaged 0.59 and over the past 3 months, they’ve averaged 658.08K. According to company’s latest data on outstanding shares, there are 32.11 million shares outstanding.
Nearly 1.69% of Blue Bird Corp’s shares belong to company insiders and institutional investors own 108.97% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.83 million shares as on 2025-03-31, resulting in a short ratio of 11.47. According to the data, the short interest in Blue Bird Corp (BLBD) stood at 2111.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 6.12 million. The stock has fallen by -12.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BLBD stock heading into the next quarter.
