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Blue Bird (BLBD) Stock Declines While Market Improves: Some Information for Investors
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Blue Bird (BLBD - Free Report) ended the recent trading session at $73.89, demonstrating a -2.83% change from the preceding day's closing price. This change lagged the S&P 500's 0.21% gain on the day. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, lost 0.22%.
The school bus maker's stock has dropped by 2.92% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 8.85% and lagging the S&P 500's gain of 1.7%.
Analysts and investors alike will be keeping a close eye on the performance of Blue Bird in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2026. The company is expected to report EPS of $1.22, up 2.52% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $498.7 million, up 25.3% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.74 per share and revenue of $1.74 billion. These totals would mark changes of +8.22% and +17.88%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Blue Bird. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, Blue Bird is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Blue Bird has a Forward P/E ratio of 16.04 right now. This signifies a discount in comparison to the average Forward P/E of 19.45 for its industry.
One should further note that BLBD currently holds a PEG ratio of 0.98. 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. By the end of yesterday's trading, the Automotive - Domestic industry had an average PEG ratio of 0.98.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 80, this industry ranks in the top 33% of all industries, numbering over 250.
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.
To follow BLBD in the coming trading sessions, be sure to utilize Zacks.com.
Image: Bigstock
Blue Bird (BLBD) Stock Declines While Market Improves: Some Information for Investors
Blue Bird (BLBD - Free Report) ended the recent trading session at $73.89, demonstrating a -2.83% change from the preceding day's closing price. This change lagged the S&P 500's 0.21% gain on the day. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, lost 0.22%.
The school bus maker's stock has dropped by 2.92% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 8.85% and lagging the S&P 500's gain of 1.7%.
Analysts and investors alike will be keeping a close eye on the performance of Blue Bird in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2026. The company is expected to report EPS of $1.22, up 2.52% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $498.7 million, up 25.3% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.74 per share and revenue of $1.74 billion. These totals would mark changes of +8.22% and +17.88%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Blue Bird. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, Blue Bird is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Blue Bird has a Forward P/E ratio of 16.04 right now. This signifies a discount in comparison to the average Forward P/E of 19.45 for its industry.
One should further note that BLBD currently holds a PEG ratio of 0.98. 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. By the end of yesterday's trading, the Automotive - Domestic industry had an average PEG ratio of 0.98.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 80, this industry ranks in the top 33% of all industries, numbering over 250.
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.
To follow BLBD in the coming trading sessions, be sure to utilize Zacks.com.