BTIG Research Reiterates Buy Rating for Blue Bird (NASDAQ:BLBD)

Blue Bird (NASDAQ:BLBD)‘s stock had its “buy” rating reaffirmed by research analysts at BTIG Research in a note issued to investors on Thursday,Benzinga reports. They presently have a $65.00 price objective on the stock. BTIG Research’s target price would indicate a potential upside of 9.78% from the company’s previous close.

Several other analysts have also recently weighed in on the stock. Bank of America upped their price objective on shares of Blue Bird from $60.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. DA Davidson increased their price target on Blue Bird from $70.00 to $76.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Needham & Company LLC lifted their price objective on Blue Bird from $70.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday. Barclays boosted their price objective on Blue Bird from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, UBS Group restated a “buy” rating on shares of Blue Bird in a research note on Monday, November 3rd. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $67.20.

Blue Bird Stock Performance

Shares of NASDAQ:BLBD opened at $59.21 on Thursday. The business’s fifty day moving average price is $50.21 and its two-hundred day moving average price is $52.59. Blue Bird has a fifty-two week low of $30.04 and a fifty-two week high of $61.95. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 14.95, a price-to-earnings-growth ratio of 2.53 and a beta of 1.45. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.81 and a quick ratio of 1.15.

Blue Bird (NASDAQ:BLBD) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.20. Blue Bird had a return on equity of 57.60% and a net margin of 8.65%.The company had revenue of $333.08 million during the quarter, compared to analysts’ expectations of $325.74 million. During the same period last year, the business earned $0.92 earnings per share. The business’s revenue was up 6.1% on a year-over-year basis. As a group, analysts predict that Blue Bird will post 3.86 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Phil Horlock sold 15,381 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $50.42, for a total transaction of $775,510.02. Following the transaction, the director owned 225,385 shares of the company’s stock, valued at $11,363,911.70. This represents a 6.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Razvan Radulescu sold 7,984 shares of Blue Bird stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $50.39, for a total value of $402,313.76. Following the completion of the sale, the chief financial officer owned 49,087 shares of the company’s stock, valued at approximately $2,473,493.93. The trade was a 13.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Blue Bird

Several large investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Blue Bird by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,094 shares of the company’s stock valued at $618,000 after acquiring an additional 820 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Blue Bird by 30.9% in the 1st quarter. NewEdge Advisors LLC now owns 2,885 shares of the company’s stock worth $93,000 after purchasing an additional 681 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Blue Bird by 2,090.5% during the first quarter. Jones Financial Companies Lllp now owns 3,461 shares of the company’s stock worth $112,000 after purchasing an additional 3,303 shares during the period. Concurrent Investment Advisors LLC increased its holdings in Blue Bird by 5.4% in the second quarter. Concurrent Investment Advisors LLC now owns 8,995 shares of the company’s stock valued at $388,000 after purchasing an additional 457 shares during the last quarter. Finally, CWM LLC lifted its stake in Blue Bird by 40.0% in the second quarter. CWM LLC now owns 5,279 shares of the company’s stock valued at $228,000 after buying an additional 1,508 shares during the period. 93.59% of the stock is currently owned by institutional investors and hedge funds.

Blue Bird News Roundup

Here are the key news stories impacting Blue Bird this week:

• Positive Sentiment: Q1 beat — Blue Bird reported $1.00 EPS vs. ~$0.80 consensus and revenue ahead of estimates; management highlighted strong revenue growth and an expanding EV backlog, which supports upside to future electric school‑bus sales. Blue Bird Q1 Highlights
• Positive Sentiment: Analyst upgrades / price‑target increases — Needham raised its PT to $78 (buy) and BTIG reaffirmed a buy with a $65 PT; analyst optimism amplifies buying interest and supports a higher valuation. Needham PT Raise BTIG Reaffirmation
• Positive Sentiment: Market reaction & coverage — Multiple outlets are reporting the strong Q1 and EV backlog narrative, and intraday volume is elevated versus average, indicating institutional or momentum-driven flows. MSN Coverage
• Neutral Sentiment: Short‑interest data appears to be invalid/zero in the latest release (shows 0 shares / NaN change), so there’s no clear short‑pressure signal to explain the move. This likely has little explanatory power until corrected.
• Neutral Sentiment: Sector/peer commentary — Recent pieces compare Blue Bird to other automotive/EV names (e.g., Tesla) and track relative performance vs. peers; useful context but not direct catalysts. BLBD vs TSLA Sector Performance

Blue Bird Company Profile

Blue Bird Corporation (NASDAQ: BLBD) is a leading manufacturer of buses and mass transportation vehicles headquartered in Fort Valley, Georgia. The company’s core business encompasses the design, engineering, and production of school buses and activity buses, with a product lineup that includes conventional (Type C) models, transit-style (Type D) models and specialty configurations for special-needs and activity transport. In recent years, Blue Bird has expanded its offerings to include zero-emission electric school buses, reflecting its commitment to advanced propulsion technologies and environmental sustainability.

Established in 1927, Blue Bird has built a legacy of safety and reliability in student transportation.