Added to YB: 2024-12-27
Pitch date: 2024-11-11
BLBD [bullish]
Blue Bird Corporation
+22.14%
current return
Author Info
No bio for this author
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
$41.23
Price Target
78.00 (+55%)
Dividend
N/A
EV/EBITDA
9.09
P/E
14.67
EV/Sales
1.08
Sector
Machinery
Category
value
Blue Bird Corporation - $BLBD
BLBD: Leading school bus maker, 29% market share. Margins expanded: GPM 20.8%, EBITDA 14.5%. 62% alt-fuel sales. High barriers, oligopoly. Strong replacement demand due to aging fleets. EV shift boosting margins. Undervalued at 7.2x NTM EBITDA. $78 PT (+91%). Risks: EV funding cuts, property crash, price war.
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