New insider activity at Blue Bird ( (BLBD) ) has taken place on February 12, 2025.
CFO Razvan Radulescu recently made headlines by selling 2,848 shares of Blue Bird stock, a transaction that amounted to $108,565. This significant move has caught the attention of investors and market analysts alike, as they speculate on the potential implications for the company’s future.
Recent Updates on BLBD stock
Blue Bird Corporation’s recent Q1 earnings call showcased strong financial performance with near-record adjusted EBITDA and a robust backlog, highlighting strategic cost management and adaptability despite challenges like federal funding uncertainties and potential tariffs. Analysts have adjusted price targets for Blue Bird, citing factors such as the trajectory of subsidized EV units influencing market dynamics and multiple compression. Needham’s analysis points to a compelling risk/reward scenario based on historical EBITDA multiples, while Craig-Hallum acknowledges the company’s robust fundamentals despite lowering the target. Roth MKM expresses concerns over future EV deliveries’ impact on profitability, contributing to a lower price target. Overall, Blue Bird’s resilience and strategic focus on EV growth are noted as key factors in its market outlook.
More about Blue Bird
YTD Price Performance: -0.88%
Average Trading Volume: 783,952
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.22B
Questions or Comments about the article? Write to editor@tipranks.com