Added to YB: 2024-03-29
Pitch date: 2024-03-28
BLBD [bullish]
Blue Bird Corporation
+30.57%
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
$38.57
Price Target
85.00 (+69%)
Dividend
N/A
EV/EBITDA
9.09
P/E
14.67
EV/Sales
1.08
Sector
Machinery
Category
growth
Blue Bird: Now A High Profit Growth Story
BLBD: School bus maker benefiting from clean energy shift. Q1 saw record 20% gross margin (+570% YoY), $6M bus div profit, strong parts div. Gaining market share as rivals exit propane/gas. Investing in capacity for 12K buses/yr. $85 PT on higher margins, EV demand beyond gov subsidies. Risks: long-term non-EPA sales. 100%+ upside.
Read full article (9 min)