Group 1: Costamare (CMRE) - Costamare operates marine transportation, focusing on dry bulk vessels and containerships [2] - In Q1 2024, CMRE reported a total revenue increase of 89% and adjusted net income growth of 62% to $75 million compared to the previous year [5] - The company has a significant liquidity position of $1.1 billion and a stock price increase of 68% over the past six months due to strong earnings and a new leasing program [16] - CMRE offers a dividend yield of 3%, with the most recent distribution made on May 6 [17] Group 2: Blue Bird (BLBD) - Blue Bird manufactures and sells school buses, including diesel and alternative power options [7] - The company reported a 15% increase in total revenue and net income growth from $7 million to $26 million for Q2 2024 [19] - Electric bus sales surged by 56% year-over-year, driven by the federal Clean School Bus Program, contributing to a backlog of 500 buses for Q2 2024 [20] - Following impressive earnings, BLBD's stock price rose by 50% [8] Group 3: GigaCloud Technology (GCT) - GigaCloud Technology is a B2B e-commerce platform specializing in large parcel merchandise, operating 21 warehouses across Europe, North America, and Asia [22] - In Q1 2024, GCT reported a total revenue increase of 97% and net income growth of 71% year-over-year, with a cash position of $196 million [23] - The company anticipates total revenue for Q2 2024 to be between $265 million and $280 million, having beaten analyst expectations for Q1 [24]

The S&P 500 and the Nasdaq closed at fresh records on Monday. Stocks were mixed through early afternoon trading on Tuesday ahead of a potentially big day for Wall Street on Wednesday. May CPI data will be released tomorrow before the Fed's next official announcement on interest rates. The bulls are in control to start the second full week of June, fueled by a combination of projected rate cuts, earnings growth, massive AI spending, and FOMO. But that doesn't mean all stocks are trending in the right directi ...

Group 1 - The Average Brokerage Recommendation (ABR) for Blue Bird is 1.14, indicating a consensus of Strong Buy to Buy from seven brokerage firms, with Strong Buy and Buy recommendations accounting for 85.7% and 14.3% respectively [1][7] - The Zacks Consensus Estimate for Blue Bird's current year earnings has increased by 10.8% over the past month to $2.73, contributing to a Zacks Rank of 1 (Strong Buy) [6][11] - Brokerage recommendations may not effectively guide investors towards stocks with the highest potential for price appreciation, as they often reflect the vested interests of the brokerage firms [2][15] Group 2 - The Zacks Rank categorizes stocks into five groups based on earnings estimate revisions, which are a strong indicator of near-term stock price movements, contrasting with the ABR that relies solely on brokerage recommendations [3][10] - The ABR is not necessarily up-to-date, while the Zacks Rank reflects timely revisions in earnings estimates, making it a more reliable indicator for future price movements [16] - Analysts' optimism regarding Blue Bird's earnings prospects, as shown by the upward revisions in EPS estimates, could lead to significant stock price increases in the near term [17][18]

For those looking to find strong Auto-Tires-Trucks stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Blue Bird (BLBD) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question. Blue Bird is one of 108 companies in the Auto-Tires-Trucks group. The Auto-Tires-Trucks group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank co ...

Investors are drawn to small-cap companies due to their inherently risky profiles compared to larger companies. Smaller companies have a greater potential to boom or bust. If an investor chooses wisely and purchases shares in a company that experiences massive growth and share price appreciation over an extended period while it is a small-cap company, it was a great decision. However, if an investor chooses a small-cap company that falters, the losses can be painful. It can be a risky game. But diversificat ...

For the current fiscal year, Blue Bird is expected to post earnings of $2.73 per share on $1.33 billion in revenues. This represents a 155.14% change in EPS on a 17.29% change in revenues. For the next fiscal year, the company is expected to earn $2.90 per share on $1.5 billion in revenues. This represents a year-over-year change of 6.35% and 12.9%, respectively. Valuation Metrics Have you been paying attention to shares of Blue Bird (BLBD) ? Shares have been on the move with the stock up 52.5% over the pas ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks ...

As a reminder, Blue Bird's bid to ramp up capacity has to be considered in relation to Blue Bird's first "collective bargain agreement with the United Steelworkers." As a result, Blue Bird cautioned the union contract's potential to "influence the fiscal '24 margin outlook." However, Blue Bird has demonstrated resilient pricing power, bolstering its revenue growth potential. Therefore, management has taken "proactive pricing actions taken" in view of possible margin compression in the second half of BLBD's ...

Core Viewpoint - The average brokerage recommendation (ABR) for Blue Bird (BLBD) is 1.14, indicating a strong buy sentiment from analysts, but caution is advised as brokerage recommendations may not always align with retail investors' interests [2][4][9]. Brokerage Recommendations - Blue Bird has an ABR of 1.14, with six out of seven recommendations classified as Strong Buy and one as Buy, translating to 85.7% and 14.3% of total recommendations respectively [2]. - The ABR is based on the recommendations of seven brokerage firms, reflecting a strong positive bias towards Blue Bird [2][5]. Zacks Rank vs. ABR - The Zacks Rank, which is a proprietary stock rating tool, classifies stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, showing a strong correlation with near-term stock price movements [7][10]. - Unlike the ABR, which may not be up-to-date, the Zacks Rank reflects timely earnings estimate revisions, making it a more reliable indicator for predicting future stock prices [11]. Earnings Estimates - The Zacks Consensus Estimate for Blue Bird's current year earnings has increased by 10.8% over the past month to $2.73, indicating growing analyst optimism [12]. - The recent change in consensus estimates, along with other factors, has resulted in a Zacks Rank of 1 (Strong Buy) for Blue Bird, suggesting potential for stock price appreciation [12][13].

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...