Wall Street is optimistic about a few auto stocks like Blue Bird Corp (BLBD) , BYD Co Ltd (BYDDY) and Dorman Products (DORM) that you may wish to pay attention to. These stocks have garnered favor from brokers and have an attractive average broker recommendation ("ABR") on a scale of 1 to 5 (Strong Buy to Strong Sell). Each of these stocks has witnessed growth on the bourses on a year-to-date basis, handily outperforming the broader Zacks auto sector. Let's see if these stocks are still worth buying at curr ...

Investors interested in Automotive - Domestic stocks are likely familiar with Blue Bird (BLBD) and Tesla (TSLA) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings ...

Blue Bird Corporation (BLBD) —a school bus manufacturer that's been in business for roughly 100 years — is having an amazing run on the bourses, outperforming the industry, sector and the S&P 500. In fact, BLBD has emerged as the best-performing auto manufacturer on a year-to-date basis. The company has pushed forward into new areas of automotive technology, including alternative fuel and electric vehicle (EV) buses. It is benefiting from the U.S. government's push to transition more public schools to EV bu ...

Fly View Productions Investment Thesis It's been almost a month since Blue Bird (NASDAQ:BLBD), a school bus supplier, reported results for its third quarter of the year and the share price has not moved at all, despite increasing guidance and widely beating analyst expectations. Therefore, I have decided to maintain my buy rating provided in my last coverage, and I even think that now is even more of an opportunity than a few months ago. Stock price (Seeking Alpha) Q3 2024 Earnings Report On August 7, Blue ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Blue Bird (BLBD) . Blue Bird currently has an average brokerage recommendation (ABR) of 1.14, ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today August 27th: Royal Caribbean Cruises (RCL) : This cruise company which primarily serve the contemporary, premium and deluxe segments of the cruise vacation industry, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days. Royal Caribbean Cruises' has a PEG ratio of 0.47 compared with 1.88 for the industry. The ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 15th: Blue Bird Corporation (BLBD) : This school buses company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.8% over the last 60 days. Blue Bird has a PEG ratio of 0.26 compared with 0.60 for the industry. The company possesses a Growth Score of B. CRA International, Inc. (CRAI) : This economic, financial, and management consulti ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid 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 task of finding cutting-edge growth stocks is made easy with the hel ...

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, August 13th: Blue Bird Corporation (BLBD) : This school buses company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days. Blue Bird's shares gained 49.2% over the past six months compared with the S&P 500's advance of 7%. The company possesses a Momentum Score of A. Sensus Healthcare, Inc. (SRTS) : This medical device company h ...

Core Viewpoint - Analyst recommendations play a significant role in influencing stock prices, but their reliability is questionable, particularly for Blue Bird (BLBD) [1][3]. Group 1: Analyst Recommendations - Blue Bird has an average brokerage recommendation (ABR) of 1.14, indicating a consensus between Strong Buy and Buy, with 85.7% of recommendations being Strong Buy and 14.3% being Buy [2]. - Despite the positive ABR, relying solely on this information for investment decisions may not be prudent, as studies show limited success of brokerage recommendations in predicting stock price increases [3][4]. Group 2: Vested Interests and Bias - Brokerage firms often exhibit a strong positive bias in their ratings due to vested interests, leading to a disproportionate number of favorable recommendations compared to negative ones [4][8]. - This misalignment of interests can misguide retail investors regarding the future price movements of stocks [5]. Group 3: Zacks Rank vs. ABR - The Zacks Rank, which is based on earnings estimate revisions, is a more reliable indicator of near-term stock performance compared to ABR, which is solely based on brokerage recommendations [6][9]. - The Zacks Rank is timely and reflects the latest earnings estimates, while ABR may not be up-to-date [10]. Group 4: Earnings Estimates for Blue Bird - The Zacks Consensus Estimate for Blue Bird has increased by 7.2% over the past month to $3.16, indicating growing optimism among analysts regarding the company's earnings prospects [11]. - This increase in consensus estimates, along with other factors, has resulted in a Zacks Rank 1 (Strong Buy) for Blue Bird, suggesting that the Buy-equivalent ABR could be a useful guide for investors [12].