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Added to YB: 2024-12-16

Pitch date: 2024-12-10

BLBD [bullish]

Blue Bird Corporation

+23.4%

current return

Author Info

Company Info

Blue Bird Corporation, together with its subsidiaries, designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Market Cap

$1.6B

Pitch Price

$40.81

Price Target

65.00 (+29%)

Dividend

N/A

EV/EBITDA

9.09

P/E

14.67

EV/Sales

1.08

Sector

Machinery

Category

growth

Show full summary:
BlueBird Corporation (NASDAQ: BLBD) - Long

BLBD: Leading school bus maker, 30% market share. EV focus (13% backlog) with 5x diesel profits. $65 PT (16.1% IRR). Tailwinds: aging fleet replacement, capacity expansion to 14k units/yr, EPA funding. Risks: policy changes, competition, scaling. 7.5x EV/EBITDA, 10.4% CAGR to 2027, 19% margins.

Read full article (4 min)