Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Blue Bird Corp before investing.

In this article, we go over a few key elements for understanding Blue Bird Corp’s stock price such as:

• Blue Bird Corp’s current stock price and volume
• Why Blue Bird Corp’s stock price changed recently
• Upgrades and downgrades for BLBD from analysts
• BLBD’s stock price momentum as measured by its relative strength

About Blue Bird Corp (BLBD)

Before we jump into Blue Bird Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Blue Bird Corporation is an independent designer and manufacturer of school buses. The Company is focused on designing, engineering and manufacturing electric and low-emission school buses with more than 20,000 propane, natural gas, and electric-powered buses in operation. The Company operates through two segments: Bus segment and Parts segment. The Bus segment includes the manufacturing and assembly of buses to be sold to a variety of customers across the United States, Canada and in certain limited international markets. The Parts segment consists of the purchase of parts from third parties to be sold to dealers within the Company’s network and certain large fleet customers. It also provides alternative powered product offerings with its propane-powered, gasoline-powered, compressed natural gas (CNG)-powered, and all-electric-powered school buses. It sells its buses and parts through a network of United States and Canadian dealers.

Want to learn more about Blue Bird Corp’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Blue Bird Corp.

Blue Bird Corp’s Stock Price as of Market Close

As of September 11, 2024, 4:00 PM, CST, Blue Bird Corp’s stock price was $47.89.

Blue Bird Corp is up 6.07% from its previous closing price of $45.15.

During the last market session, Blue Bird Corp’s stock traded between $44.89 and $46.42. Currently, there are 32.31 million shares of Blue Bird Corp stock available for purchase.

Blue Bird Corp’s price-earnings (P/E) ratio is currently at 14.9, which is high compared to the Heavy Machinery & Vehicles industry median of 13.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Blue Bird Corp Stock Price History

Blue Bird Corp’s (BLBD) price is currently down 6.43% so far this month.

During the month of September, Blue Bird Corp’s stock price has reached a high of $50.87 and a low of $44.89.

Over the last year, Blue Bird Corp has hit prices as high as $59.40 and as low as $17.59. Year to date, Blue Bird Corp’s stock is up 347.15%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Blue Bird Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 10, 2024, there were 0 analysts who downgraded Blue Bird Corp’s stock and 5 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Blue Bird Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Blue Bird Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Blue Bird Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Blue Bird Corp (BLBD) by visiting AAII Stock Evaluator.

Relative Price Strength of Blue Bird Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 10, 2024, Blue Bird Corp has a weighted four-quarter relative price strength of 10.61%, which translates to a Momentum Score of 88 and is considered to be Very Strong.

Want to learn more about how Blue Bird Corp is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Blue Bird Corp Stock Price: Bottom Line

As of September 11, 2024, Blue Bird Corp’s stock price is $47.89, which is up 6.07% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Blue Bird Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.