Blue Bird (NASDAQ:BLBD) released its quarterly earnings data on Wednesday. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01), Bloomberg Earnings reports. Blue Bird had a negative return on equity of 19.49% and a net margin of 2.60%.

Shares of Blue Bird (NASDAQ BLBD) traded down $0.55 during midday trading on Wednesday, hitting $18.75. 43,682 shares of the company’s stock traded hands, compared to its average volume of 65,709. Blue Bird has a 12 month low of $15.35 and a 12 month high of $21.90. The stock has a market capitalization of $472.56, a P/E ratio of 26.71, a PEG ratio of 0.83 and a beta of 1.67. The company has a quick ratio of 0.51, a current ratio of 1.17 and a debt-to-equity ratio of -1.32.

In other Blue Bird news, Director Coliseum Capital Management, L sold 742,566 shares of the company’s stock in a transaction dated Saturday, September 23rd. The shares were sold at an average price of $18.65, for a total value of $13,848,855.90. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 16.70% of the stock is owned by corporate insiders.

An institutional investor recently raised its position in Blue Bird stock. California State Teachers Retirement System raised its holdings in Blue Bird Corporation (NASDAQ:BLBD) by 18.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,876 shares of the company’s stock after purchasing an additional 2,000 shares during the period. California State Teachers Retirement System owned 0.05% of Blue Bird worth $219,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 95.27% of the company’s stock.

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Blue Bird Company Profile

Blue Bird Corporation designs, engineers, manufactures, and sells school buses and aftermarket parts in the United States, Canada, and internationally. It offers Type C, Type D, and specialty buses, as well as Sigma, a bus for public transportation. The company sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments.

Earnings History for Blue Bird (NASDAQ:BLBD)

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