Blue Bird (BLBD) Stock Sinks As Market Gains: Here's Why

Company Performance - Blue Bird (BLBD) closed at $35.36, reflecting a -0.69% change from the previous day, underperforming the S&P 500's 0.58% gain [1] - Over the past month, Blue Bird's shares have increased by 9.98%, surpassing the Auto-Tires-Trucks sector's gain of 5.01% and the S&P 500's loss of 0.84% [1] Earnings Forecast - Blue Bird is expected to release earnings on May 7, 2025, with a forecasted EPS of$ 0.96, indicating a 7.87% increase from the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $390 million, up 12.74% from the previous year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of$ 4 per share and revenue of $1.45 billion, representing increases of +15.61% and +7.92% respectively from the last year [3] - Recent revisions to analyst forecasts for Blue Bird are crucial as they reflect changing business trends and analysts' outlook on the company's health and profitability [3] Valuation Metrics - Blue Bird's current Forward P/E ratio is 8.91, which is lower than the industry's average Forward P/E of 9.95, indicating a valuation discount [6] - The company has a PEG ratio of 0.82, aligning with the average PEG ratio of the Automotive - Domestic industry [7] Industry Context - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, holds a Zacks Industry Rank of 202, placing it in the bottom 19% of over 250 industries [8] - Research indicates that industries in the top 50% of the Zacks Industry Rank outperform those in the bottom half by a factor of 2 to 1 [8]