FY2026 Earnings Forecast for Blue Bird Issued By DA Davidson

Blue Bird Corporation (NASDAQ:BLBD) – Equities researchers at DA Davidson increased their FY2026 EPS estimates for Blue Bird in a report issued on Wednesday, November 26th. DA Davidson analyst M. Shlisky now forecasts that the company will earn $4.22 per share for the year, up from their prior estimate of $4.09. DA Davidson has a “Buy” rating and a $76.00 price objective on the stock. The consensus estimate for Blue Bird’s current full-year earnings is $3.86 per share.

A number of other analysts have also issued reports on BLBD. Bank of America increased their target price on Blue Bird from $60.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. UBS Group reissued a “buy” rating on shares of Blue Bird in a research note on Monday, November 3rd. Zacks Research lowered Blue Bird from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $70.00 target price on shares of Blue Bird in a research note on Tuesday, November 25th. Finally, BTIG Research reiterated a “buy” rating and issued a $65.00 target price on shares of Blue Bird in a report on Tuesday, November 25th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $64.60.

Blue Bird Trading Down 0.9%

Blue Bird stock opened at $52.24 on Monday. Blue Bird has a 52 week low of $30.04 and a 52 week high of $61.95. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.15 and a current ratio of 1.74. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 13.46, a P/E/G ratio of 2.48 and a beta of 1.42. The company has a 50 day moving average price of $53.87 and a 200 day moving average price of $49.80.

Blue Bird (NASDAQ:BLBD) last released its earnings results on Monday, November 24th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.35. Blue Bird had a net margin of 8.63% and a return on equity of 62.87%. The business had revenue of $409.37 million for the quarter, compared to the consensus estimate of $380.37 million. During the same period last year, the firm posted $0.77 earnings per share. The firm’s quarterly revenue was up 16.9% compared to the same quarter last year. Blue Bird has set its FY 2026 guidance at EPS.

Institutional Investors Weigh In On Blue Bird

Several large investors have recently made changes to their positions in BLBD. Blue Trust Inc. bought a new position in Blue Bird during the third quarter valued at approximately $38,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Blue Bird during the 2nd quarter worth $29,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Blue Bird by 10,028.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the company’s stock valued at $41,000 after purchasing an additional 702 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Blue Bird by 159.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 993 shares of the company’s stock valued at $43,000 after purchasing an additional 611 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of Blue Bird by 1,742.3% in the 3rd quarter. Larson Financial Group LLC now owns 1,308 shares of the company’s stock valued at $75,000 after purchasing an additional 1,237 shares during the last quarter. Institutional investors own 93.59% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Razvan Radulescu sold 6,709 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $57.41, for a total transaction of $385,163.69. Following the completion of the sale, the chief financial officer directly owned 40,794 shares of the company’s stock, valued at $2,341,983.54. This trade represents a 14.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is currently owned by insiders.

About Blue Bird

Blue Bird Corporation, together with its subsidiaries, designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally. The company operates through two segments, Bus and Parts. It offers Type C, Type D, and specialty buses; and alternative power options through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses, as well as diesel engines.