Here's Why Blue Bird (BLBD) Fell More Than Broader Market

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Here's Why Blue Bird (BLBD) Fell More Than Broader Market

In the latest trading session, Blue Bird (BLBD) closed at $62.93, marking a -2.37% move from the previous day. This change lagged the S&P 500's 0.49% loss on the day. On the other hand, the Dow registered a loss of 0.05%, and the technology-centric Nasdaq decreased by 0.9%.

The stock of school bus maker has risen by 18.45% in the past month, leading the Auto-Tires-Trucks sector's gain of 5.12% and the S&P 500's gain of 12.8%.

Investors will be eagerly watching for the performance of Blue Bird in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 6, 2026. The company's earnings per share (EPS) are projected to be $0.81, reflecting a 15.63% decrease from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $4.56 per share and a revenue of $0 million, demonstrating changes of +4.11% and 0%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for Blue Bird. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Blue Bird is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Blue Bird is presently being traded at a Forward P/E ratio of 14.15. This valuation marks a discount compared to its industry average Forward P/E of 15.65.

Investors should also note that BLBD has a PEG ratio of 2.38 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Automotive - Domestic industry was having an average PEG ratio of 1.06.

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 95, this industry ranks in the top 39% of all industries, numbering over 250.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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This article originally published on Zacks Investment Research (zacks.com).

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