Financial PerformanceBlue Bird beat and raised for a seventh consecutive quarter as revamped operations continue to drive performance, backed by uniquely well positioned products.
Growth And ExpansionBlue Bird was awarded an $80mn grant from the DOE’s MESC to go towards a new 600k sqft. plant to build type D school buses.
ValuationAnalyst recommends a Buy rating for BLBD with a target price of $66, indicating a potential undervaluation as it's trading at approximately 6x consensus future adjusted EBITDA estimates.