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Blue Bird Corporation (NASDAQ:BLBD), a leading manufacturer of school buses, has seen its stock price touch a 52-week low, reaching $30.67. According to InvestingPro analysis, the company maintains strong financial health with a "GREAT" overall rating, suggesting potential value at current levels. The company, which has been navigating through a complex market environment, has experienced a notable decline over the past year. While investors have been cautious as the stock has registered a 1-year change with a decrease of 16.37%, the company maintains solid fundamentals with a P/E ratio of 9.25 and revenue growth of 10.59%, reflecting resilience amid broader industry pressures. The current price level presents a critical juncture for the company as it strives to adapt to the evolving economic landscape and seeks to reassure shareholders of its long-term growth potential. For deeper insights into Blue Bird’s valuation and growth prospects, including 12 additional ProTips and comprehensive financial analysis, visit InvestingPro.
In other recent news, Blue Bird Corporation reported its first-quarter financial results for fiscal year 2025, surpassing expectations with a record high EBITDA margin of 15.1% and strong fundamentals. The company achieved revenues of approximately $314 million, exceeding management’s forecast, and delivered around 2.13 thousand buses during the quarter. Blue Bird’s financial guidance for fiscal year 2025 remains consistent, with an EBITDA forecast of $185 million to $215 million, despite uncertainties surrounding Environmental Protection Agency funding. Analyst firms Craig-Hallum and BTIG have adjusted their price targets for Blue Bird, lowering them to $68 and $45, respectively, while maintaining a Buy rating on the stock. Needham also revised its price target to $49, citing a cautious approach due to federal subsidy uncertainties for electric vehicles. Blue Bird’s backlog includes approximately 4,700 units valued at $760 million, with a significant portion of EV units expected to be unaffected by potential federal funding interruptions. Additionally, the company announced the appointment of John Wyskiel as its new President and CEO, bringing over three decades of automotive industry experience to his role. DA Davidson analysts remain optimistic about Blue Bird’s long-term EBITDA goals, viewing the company’s current performance and CEO’s confidence as positive indicators for future margin improvements.
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