Blue Bird Corporation Stock News

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2024 fourth quarter and full year financial results on November 25, 2024. The public is invited to attend an audio webcast in which Blue Bird executives Phil Horlock, President and CEO, and Razvan Radulescu, CFO, will discuss results. This webcast ...

BlueBird (BLBD) is a Strong Buy with a $91 target, driven by its monopoly on alternative-fueled buses and significant revenue growth potential. Despite potential policy changes, BlueBird's propane and gasoline buses provide a competitive edge, meeting new EPA standards and offering lower total ownership costs. BlueBird's financial health is robust, with record profits, zero debt, and a governme...

Global electric car sales Sept. 2024 up 31% YoY to ~20% share. China sales up 51% to 53% share. Europe up 6% to 26% share. USA down 13.7% to 10.49%. EV market news - Trump to propose making car loan interest fully tax-deductible. Several of Europe's biggest carmakers unveiled low-cost EVs at the Paris Motor Show. EV company news - Tesla launches Cybercab & Robovan AVs. BYD surpasses Tesla in qu...

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, today announced the appointment of Edward T. Hightower to its Board of Directors, effective immediately. Hightower, a seasoned global automotive executive and entrepreneur, joined Blue Bird as a Class I Director. He brings a wealth of electric vehicle and automotive industry ...

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced select preliminary full-year, unaudited results for fiscal 2024. Select Preliminary Full-Year 2024 Results: 9,000 buses sold Record net sales revenue of $1.35B Record EV sales of 704 buses Blue Bird sold 9,000 buses in fiscal 2024, up 6% and almost 500 units over pr...

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has delivered its first fleet of propane-powered buses to the School District of Philadelphia (SDP), the largest school district in Pennsylvania. Blue Bird supplied a total of 38 near-zero emission vehicles to help the district accelerate its shift to clean student transporta...

Blue Bird's stock has paused after a massive rally, but I believe this is a consolidation phase before another significant upward move. Despite short-term bearish technicals, long-term fundamentals and seasonality suggest a bullish outlook, with November historically being a strong month. Blue Bird's leadership in alternative power buses and strong demand for replacements support a robust long-...

Blue Bird is a $1.5 billion market cap firm that designs, engineers, produces, and sells school buses in the US, Canada, and internationally. The company reported a 13% revenue increase, a 14.5% adjusted EBITDA margin, and a significant order backlog, indicating sustained demand. Blue Bird's valuation is attractive, trading at 7.7x next year's EV/EBITDA, with a fair value suggesting a 47% upsid...