Blue Bird Corp Stock Price on February 7, 2024
| BLBD Stock | USD 33.97 1.02 2.92% |
Below is the normalized historical share price chart for Blue Bird Corp extending back to March 20, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Blue Bird stands at 33.97, as last reported on the 29th of April, with the highest price reaching 34.54 and the lowest price hitting 33.90 during the day.
If you're considering investing in Blue Stock, it is important to understand the factors that can impact its price. Blue Bird appears to be very steady, given 3 months investment horizon. Blue Bird Corp secures Sharpe Ratio (or Efficiency) of 0.0975, which signifies that the company had a 0.0975% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Blue Bird Corp, which you can use to evaluate the volatility of the firm. Please makes use of Blue Bird's Downside Deviation of 2.81, risk adjusted performance of 0.0912, and Mean Deviation of 2.1 to double-check if our risk estimates are consistent with your expectations.
At present, Blue Bird's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Preferred Stock And Other Adjustments is expected to grow to about 2.7 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 25.1 M. . At present, Blue Bird's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 1,407, whereas Price Earnings Ratio is forecasted to decline to (9.12). Blue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of March 2023 | 200 Day MA 25.3062 | 50 Day MA 34.4842 | Beta 1.367 |
Blue |
Sharpe Ratio = 0.0975
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Estimated Market Risk
| 2.73 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Blue Bird is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blue Bird by adding it to a well-diversified portfolio.
Price Book 15.3757 | Enterprise Value Ebitda 11.4675 | Price Sales 0.955 | Shares Float 32 M | Wall Street Target Price 38.93 |
Blue Bird Main Headline on 7th of February 2024
Blue Bird Corp Soars with Record Q1 Earnings, Raises 2024 Ou... by finance.yahoo.com
Robust Sales and EBITDA Growth Propel Blue Bird to Increase Full-Year Guidance
Blue Bird Valuation on February 7, 2024
It is possible to determine the worth of Blue Bird on a given historical date. On February 7, 2024 Blue was worth 31.5 at the beginning of the trading date compared to the closed value of 31.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blue Bird stock. Still, in general, we apply an absolute valuation method to find Blue Bird's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blue Bird where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blue Bird's related companies.
| Open | High | Low | Close | Volume | |
| 30.90 | 31.20 | 30.36 | 31.17 | 381,980 | |
02/07/2024 | 31.50 | 32.13 | 30.30 | 31.25 | 850,307 |
| 33.00 | 33.23 | 29.00 | 30.33 | 1,560,378 |
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Blue Bird Trading Date Momentum on February 7, 2024
| On February 08 2024 Blue Bird Corp was traded for 30.33 at the closing time. The top price for the day was 33.23 and the lowest listed price was 29.00 . The trading volume for the day was 1.6 M. The trading history from February 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.94% . The overall trading delta against the current closing price is 1.92% . |
Blue Bird Corp Fundamentals Correlations and Trends
By evaluating Blue Bird's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blue Bird's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blue Bird Stock history
Blue Bird investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blue Bird Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blue Bird stock prices may prove useful in developing a viable investing in Blue Bird
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.1 M | 25.1 M | |
| Net Loss | -41.2 M | -39.1 M |
Blue Bird Stock Technical Analysis
Blue Bird technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Blue Bird Period Price Range
Low | February 7, 2024
| High |
31.50 | 31.25 |
Blue Bird April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Blue Bird stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blue Bird shares will generate the highest return on investment. By undertsting and applying Blue Bird stock market strength indicators, traders can identify Blue Bird Corp entry and exit signals to maximize returns
| Accumulation Distribution | 48430.18 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 31.22 | |||
| Day Typical Price | 31.23 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | 2.72 |
Blue Bird Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blue Bird's price direction in advance. Along with the technical and fundamental analysis of Blue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blue to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0912 | |||
| Jensen Alpha | 0.1552 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.0996 | |||
| Treynor Ratio | 0.1395 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Blue Bird Corp information on this page should be used as a complementary analysis to other Blue Bird's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Blue Stock analysis
When running Blue Bird's price analysis, check to measure Blue Bird's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blue Bird is operating at the current time. Most of Blue Bird's value examination focuses on studying past and present price action to predict the probability of Blue Bird's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Bird's price. Additionally, you may evaluate how the addition of Blue Bird to your portfolios can decrease your overall portfolio volatility.
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Is Blue Bird's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blue Bird. If investors know Blue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blue Bird listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.351 | Earnings Share 1.9 | Revenue Per Share 37.832 | Quarterly Revenue Growth 0.348 | Return On Assets 0.1571 |
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.