NASDAQ:BLBD - Nasdaq - US0953061068 - Common Stock - Currency: USD
When you look at BLUE BIRD CORP (NASDAQ:BLBD), it's hard to ignore the strong fundamentals, especially considering its likely undervaluation.
After the conclusion of the US market's regular session on Wednesday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and the industry is currently lagging as its six-month return of 5.7% has trailed the S&P 500’s 9% gain.
School bus company Blue Bird (NASDAQ:BLBD) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 1.2% year on year to $313.9 million. On the other hand, the company’s full-year revenue guidance of $1.45 billion at the midpoint came in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.92 per share was 13.5% above analysts’ consensus estimates.
School bus company Blue Bird (NASDAQ:BLBD) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 1.2% year on year to $313.9 million. On the other hand, the company’s full-year revenue guidance of $1.45 billion at the midpoint came in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.92 per share was 13.5% above analysts’ consensus estimates.
The January effect often leaves investors feeling optimistic to start a new year: these three high-risk, high-reward stock plays may appeal to bulls.
Blue Bird has gotten torched over the last six months - since June 2024, its stock price has dropped 24.1% to $38.64 per share. This may have investors wondering how to approach the situation.