Tearsheet

Blue Bird (BLBD)


Market Price (5/6/2026): $64.0 | Market Cap: $2.0 Bil
Sector: Industrials | Industry: Agricultural & Farm Machinery

Blue Bird (BLBD)


Market Price (5/6/2026): $64.0
Market Cap: $2.0 Bil
Sector: Industrials
Industry: Agricultural & Farm Machinery

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%, FCF Yield is 8.1%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%

Low stock price volatility
Vol 12M is 40%

Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, Electrification of Everything, and Sustainable Infrastructure. Themes include Electric School Bus Manufacturing, Show more.

Trading close to highs
Dist 52W High is -2.5%, Dist 3Y High is -2.5%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.58, Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%

Key risks
BLBD key risks include [1] its strategic dependency on government incentives for its electric and alternative-powered bus sales and [2] supply chain vulnerabilities from its reliance on single-source suppliers.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%, FCF Yield is 8.1%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%
2 Low stock price volatility
Vol 12M is 40%
3 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, Electrification of Everything, and Sustainable Infrastructure. Themes include Electric School Bus Manufacturing, Show more.
4 Trading close to highs
Dist 52W High is -2.5%, Dist 3Y High is -2.5%
5 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.58, Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%
6 Key risks
BLBD key risks include [1] its strategic dependency on government incentives for its electric and alternative-powered bus sales and [2] supply chain vulnerabilities from its reliance on single-source suppliers.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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Blue Bird (BLBD) stock has gained about 25% since 1/31/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat and Upbeat Full-Year Guidance.

Blue Bird reported exceptional fiscal Q1 2026 results on February 4, 2026, significantly exceeding analyst expectations. The company announced adjusted earnings per share (EPS) of $1.00, beating the consensus estimate of $0.80 by 25%. Revenue also surpassed forecasts, reaching $333.08 million against an expected $325.74 million. Following these strong results, Blue Bird raised its fiscal year 2026 adjusted EBITDA guidance to $225 million, up from a previous midpoint of $220 million. The positive earnings report and increased outlook contributed to a 14.5% jump in the stock price on February 5, 2026.

2. Robust Order Intake and Backlog Growth, Particularly in Electric Vehicles.

During fiscal Q1 2026, Blue Bird's order intake surged by 45% compared to the prior year, leading to a strong backlog of 3,400 units. Approximately 25% of this backlog consisted of electric vehicles (EVs). The company also reported delivering 121 electric-powered buses in Q1 and holds an EV firm order backlog of over 850 buses, supporting its 2026 EV sales target of approximately 800 units. This strong demand for alternative-powered buses signals market leadership and future revenue visibility.

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Stock Movement Drivers

Fundamental Drivers

The 26.0% change in BLBD stock from 1/31/2026 to 5/5/2026 was primarily driven by a 24.1% change in the company's P/E Multiple.
(LTM values as of)13120265052026Change
Stock Price ($)50.3163.3926.0%
Change Contribution By: 
Total Revenues ($ Mil)1,4801,4991.3%
Net Income Margin (%)8.6%8.7%0.3%
P/E Multiple12.515.524.1%
Shares Outstanding (Mil)3232-0.1%
Cumulative Contribution26.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/5/2026
ReturnCorrelation
BLBD26.0% 
Market (SPY)3.6%37.9%
Sector (XLI)4.5%51.7%

Fundamental Drivers

The 26.9% change in BLBD stock from 10/31/2025 to 5/5/2026 was primarily driven by a 14.1% change in the company's P/E Multiple.
(LTM values as of)103120255052026Change
Stock Price ($)49.9663.3926.9%
Change Contribution By: 
Total Revenues ($ Mil)1,4211,4995.5%
Net Income Margin (%)8.2%8.7%6.1%
P/E Multiple13.615.514.1%
Shares Outstanding (Mil)3232-0.7%
Cumulative Contribution26.9%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/5/2026
ReturnCorrelation
BLBD26.9% 
Market (SPY)5.5%34.2%
Sector (XLI)11.9%41.9%

Fundamental Drivers

The 81.8% change in BLBD stock from 4/30/2025 to 5/5/2026 was primarily driven by a 49.4% change in the company's P/E Multiple.
(LTM values as of)43020255052026Change
Stock Price ($)34.8763.3981.8%
Change Contribution By: 
Total Revenues ($ Mil)1,3431,49911.6%
Net Income Margin (%)8.0%8.7%7.5%
P/E Multiple10.415.549.4%
Shares Outstanding (Mil)32321.4%
Cumulative Contribution81.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/5/2026
ReturnCorrelation
BLBD81.8% 
Market (SPY)30.4%34.9%
Sector (XLI)33.2%38.1%

Fundamental Drivers

The 239.0% change in BLBD stock from 4/30/2023 to 5/5/2026 was primarily driven by a 103.5% change in the company's P/S Multiple.
(LTM values as of)43020235052026Change
Stock Price ($)18.7063.39239.0%
Change Contribution By: 
Total Revenues ($ Mil)9071,49965.3%
P/S Multiple0.71.3103.5%
Shares Outstanding (Mil)32320.8%
Cumulative Contribution239.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/5/2026
ReturnCorrelation
BLBD239.0% 
Market (SPY)78.7%33.2%
Sector (XLI)80.3%34.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
BLBD Return-14%-32%152%43%22%34%244%
Peers Return-5%-3%20%-24%1%62%38%
S&P 500 Return27%-19%24%23%16%5%92%

Monthly Win Rates [3]
BLBD Win Rate50%42%58%33%50%60% 
Peers Win Rate42%45%48%38%57%72% 
S&P 500 Win Rate75%42%67%75%67%40% 

Max Drawdowns [4]
BLBD Max Drawdown-19%-53%0%-9%-19%-1% 
Peers Max Drawdown-18%-31%-20%-41%-30%-4% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PLOW, FSTR, SRI, CVGI, DE. See BLBD Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/5/2026 (YTD)

How Low Can It Go

EventBLBDS&P 500
2025 US Tariff Shock
  % Loss-11.1%-18.8%
  % Gain to Breakeven12.5%23.1%
  Time to Breakeven6 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-15.9%-9.5%
  % Gain to Breakeven18.9%10.5%
  Time to Breakeven28 days24 days
2023 SVB Regional Banking Crisis
  % Loss-13.7%-6.7%
  % Gain to Breakeven15.9%7.1%
  Time to Breakeven16 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-53.4%-24.5%
  % Gain to Breakeven114.4%32.4%
  Time to Breakeven90 days427 days
2020 COVID-19 Crash
  % Loss-53.2%-33.7%
  % Gain to Breakeven113.6%50.9%
  Time to Breakeven265 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-36.6%-19.2%
  % Gain to Breakeven57.8%23.7%
  Time to Breakeven793 days105 days

Compare to DE, AGCO, WNC, GENC, CNH

In The Past

Blue Bird's stock fell -11.1% during the 2025 US Tariff Shock. Such a loss loss requires a 12.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventBLBDS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-53.4%-24.5%
  % Gain to Breakeven114.4%32.4%
  Time to Breakeven90 days427 days
2020 COVID-19 Crash
  % Loss-53.2%-33.7%
  % Gain to Breakeven113.6%50.9%
  Time to Breakeven265 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-36.6%-19.2%
  % Gain to Breakeven57.8%23.7%
  Time to Breakeven793 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-34.7%-12.2%
  % Gain to Breakeven53.1%13.9%
  Time to Breakeven149 days62 days

Compare to DE, AGCO, WNC, GENC, CNH

In The Past

Blue Bird's stock fell -11.1% during the 2025 US Tariff Shock. Such a loss loss requires a 12.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Blue Bird (BLBD)

Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally. It operates through two segments, Bus and Parts. The company offers Type C, Type D, and specialty buses; and alternative fuel applications through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses. Blue Bird Corporation sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments; and maintains a parts distribution center. Blue Bird Corporation was formerly known as Hennessy Capital Acquisition Corp. The company was founded in 1927 and is headquartered in Macon, Georgia.

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  • The John Deere of school buses.
  • A focused Ford or General Motors, but exclusively for school buses.

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  • School Buses: Blue Bird designs, engineers, manufactures, and sells various types of school buses, including Type C, Type D, and specialty models, available with alternative fuel options such as propane, gasoline, compressed natural gas, and electric power.
  • Related Parts: The company provides a range of parts for its school buses, which are distributed through its dedicated parts distribution center.

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Blue Bird Corporation (BLBD) sells its products primarily to other companies, organizations, and governmental entities, rather than to individuals. The provided background information does not list specific customer companies by name or symbol. Instead, it describes the channels and types of entities through which Blue Bird sells its school buses and related parts:

  • Network of Dealers: Blue Bird sells its products to a network of independent dealerships. These dealers then resell the buses to end-users such as school districts, private schools, and other organizations requiring fleet transportation.
  • Fleet Operators: This category includes organizations that operate their own fleets of vehicles. This can encompass private companies providing student transportation services, charter bus companies, and public entities like school districts directly managing their bus fleets.
  • The United States Government: Blue Bird sells its buses directly to various agencies or departments within the federal government.
  • State Governments: The company also sells directly to state-level governmental bodies, which may procure buses for state-operated services or for distribution to local entities.

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  • Cummins Inc. (CMI)
  • Ford Motor Company (F)

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John Wyskiel, President & Chief Executive Officer

John Wyskiel was appointed President & Chief Executive Officer of Blue Bird Corporation effective February 17, 2025. He brings over 35 years of experience in manufacturing leadership, operational excellence, and global sales and supply chain management within the automotive and manufacturing industries. Prior to his current role, Mr. Wyskiel had a 20-year career at Magna International, where he most recently served as President of Magna Seating, overseeing a $6 billion business with 33,000 employees across more than 60 manufacturing facilities in 15 countries. He also held various senior roles at Magna, Dana Corporation, and Borg Warner and previously served as general manager of Blue Bird Coach in Canada from 2002 to 2004.

Razvan Radulescu, Chief Financial Officer

Razvan Radulescu was appointed Chief Financial Officer of Blue Bird Corporation effective October 1, 2021. He possesses over 20 years of financial and operating experience, primarily gained at Daimler Trucks, where he held various roles of increasing responsibility in Finance, Controlling, and Procurement, including IT, compliance, and investor relations. Most recently at Daimler Trucks, Mr. Radulescu served as General Manager of Procurement for Daimler Trucks North America. His previous roles also include CFO of the Global Powertrain Daimler Truck Business Unit in Stuttgart, Germany (2017-2020), and Controller for Freightliner Trucks within Daimler Trucks North America (2013-2017).

Jeff Sanfrey, Chief Operating Officer

Jeff Sanfrey serves as the Chief Operating Officer of Blue Bird Corporation. He has over 20 years of experience in manufacturing and operations leadership, with a background in lean manufacturing and strategic deployment. Before joining Blue Bird, Mr. Sanfrey held senior leadership roles including Senior Vice President of Manufacturing at GE Hitachi Nuclear Energy and Vice President of Operations at ECI. His experience spans multiple manufacturing environments, encompassing responsibility for safety, quality, cost, and operational performance.

Ted M. Scartz, Senior Vice President, General Counsel and Corporate Secretary

Ted M. Scartz serves as Senior Vice President, General Counsel, and Corporate Secretary for Blue Bird Corporation. No specific background details meeting the requested criteria were found in the provided search results.

David M. Pasternak, Senior Vice President and Chief Human Resources Officer

David M. Pasternak holds the position of Senior Vice President and Chief Human Resources Officer at Blue Bird Corporation. No specific background details meeting the requested criteria were found in the provided search results.

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The key risks to Blue Bird's business are:
  1. Reliance on Government Subsidies and Funding for Electric Vehicles: Blue Bird's growth strategy is heavily dependent on government incentives and funding programs, such as the U.S. Environmental Protection Agency's Clean School Bus Program, which support the adoption of electric school buses (ESBs). There is a significant risk that these subsidies could be reduced or eliminated due to shifting political priorities or tightening state and federal budgets. Such a reduction could lead to a substantial decrease in demand for ESBs, impact the company's revenue, and negatively affect its profitability and long-term growth narrative, as school districts might revert to purchasing cheaper traditional diesel buses.

  2. Intense Competition in the Electric Vehicle Market: Although Blue Bird has established itself as an early leader in the electric school bus market, it faces increasing competition from larger, better-funded rivals who are also significantly investing in electric vehicle technology. If competitors develop and bring to market more advanced or cost-effective electric school bus models, Blue Bird's market share and pricing power could be eroded.

  3. Supply Chain Disruptions and Input Cost Volatility: The company is vulnerable to disruptions in its supply chain, which have historically led to production delays and impacted revenue. Additionally, Blue Bird's profitability is sensitive to fluctuations in input costs, such as raw materials like steel and labor, as well as the unpredictable nature of tariffs and supplier inflation. These factors can lead to higher manufacturing costs and pressure on profit margins, even with pricing adjustments.

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Addressable Markets for Blue Bird (BLBD)

The addressable market for Blue Bird Corporation's main products, school buses and related services, is substantial, particularly within North America, where the company holds a significant position.

North American School Bus Market

The North American school bus market was valued at approximately USD 6.98 billion in 2025 and is projected to reach USD 10.19 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.87% from 2025 to 2030. Within this region, the United States accounted for 86.36% of the North American school bus market share in 2024. Other estimates place the U.S. school bus market size at USD 5.6 billion in 2024, expected to reach USD 8.3 billion by 2030, with a CAGR of 6.50%.

Blue Bird manufactures Type C and Type D school buses, among others. In North America, Type C buses captured 43.24% of the market share in 2024, while Type D buses are expected to expand at an 8.02% CAGR through 2030. Globally, Type C buses held a dominant share of the market revenue in 2024.

Alternative Fuel and Electric School Bus Markets

Blue Bird is a key player in the alternative fuel segment, offering propane, gasoline, compressed natural gas, and electric-powered school buses. The shift towards electric school buses is a significant driver in the market. The global electric school bus market was valued at approximately USD 45.6 billion in 2025 and is projected to reach USD 389.3 billion by 2034, exhibiting a robust CAGR of 26.91% during 2026-2034. Another report estimates the global electric school bus market at USD 22.92 billion in 2025, forecasted to grow to USD 73.88 billion by 2034 at a CAGR of 13.83%. In the USA, the electric school bus market is projected to reach USD 4.77 billion in 2025.

While internal combustion engines (primarily diesel) controlled the majority (92.82% in North America in 2024) of the school bus market share, battery-electric buses are forecast to post the fastest growth with a 7.92% CAGR between 2025 and 2030 in North America.

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Here are the expected drivers of future revenue growth for Blue Bird (BLBD) over the next 2-3 years:

Expected Revenue Growth Drivers for Blue Bird (BLBD)

  1. Accelerating Electric School Bus (ESB) Sales: Blue Bird is strategically positioned to capitalize on the increasing demand for electric school buses, significantly driven by federal and state funding initiatives, such as the Environmental Protection Agency's (EPA) Clean School Bus Program. The company aims to substantially increase its electric school bus sales, targeting approximately 1,150 units by fiscal year 2025 and 5,000 units annually post-2027. This growth in ESB sales, which are priced significantly higher than traditional diesel buses, is expected to be a primary revenue driver.
  2. Continued Leadership in Alternative Fuel Buses: Blue Bird maintains a leading market position in alternative power school buses, including propane, compressed natural gas (CNG), and gasoline-powered vehicles. Over 60% of Blue Bird's unit sales are non-diesel. The company recently extended its exclusive collaboration with Ford Component Sales and ROUSH CleanTech to 2030, ensuring its unique offering of propane- and gasoline-powered buses that meet stringent emission standards taking effect in 2027. This sustained leadership and product differentiation in the alternative fuel segment will continue to drive revenue.
  3. Favorable Pricing Actions and Product Mix: Blue Bird has successfully implemented pricing strategies and benefited from a product mix shift towards higher-value alternative fuel and electric buses. This has led to an increase in average revenue per bus and improved gross margins. The company's ability to align pricing with market economics and effectively pass through cost increases, including tariffs, is expected to continue supporting revenue growth.
  4. Replacement Demand from an Aging School Bus Fleet: A significant portion of the U.S. school bus fleet, approximately 45%, is 11 years or older. This aging fleet creates a consistent and healthy underlying replacement demand cycle, providing a steady volume driver for Blue Bird's bus sales over the next several years.
  5. Expansion into the EV Commercial Chassis Market: Blue Bird is diversifying its product portfolio by introducing an Electric Vehicle (EV) commercial chassis offering. Production for this new platform is anticipated to commence in late 2026 and is expected to contribute incremental revenue through fiscal year 2027 and beyond, helping to broaden the company's revenue base.

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Share Repurchases

  • Blue Bird Corporation's Board of Directors authorized a share repurchase program of up to $60 million in aggregate of its outstanding common stock for 24 months, announced on February 1, 2024.
  • On August 5, 2025, Blue Bird's Board approved a new share repurchase program for up to $100 million of common stock, effective until January 1, 2028. The company has repurchased $15 million in shares during the first quarter of fiscal year 2026.
  • As of September 29, 2025, Blue Bird had repurchased $49.9 million in shares from a previous $60 million program, including $9.9 million in late fiscal year 2024 and $39 million year-to-date in fiscal year 2025.

Share Issuance

  • In February 2024, an affiliate of American Securities LLC, a selling stockholder, intended to offer 4,042,650 shares of Blue Bird common stock in a secondary public offering.
  • In June 2023, affiliates of Coliseum Capital Management LLC and American Securities LLC, as selling stockholders, launched an underwritten secondary public offering of Blue Bird common stock.
  • As of March 11, 2026, shareholders approved amendments to the 2015 Omnibus Equity Incentive Plan, increasing the common shares reserved for awards from 5,200,000 to 6,100,000, and raising the number of shares for Full Value Awards from 2,500,000 to 3,400,000.

Outbound Investments

  • Blue Bird announced an agreement to acquire Girardin Group's 50% stake in the Micro Bird joint venture for approximately $200 million, with 30% paid in cash and 70% in Blue Bird common stock. This transaction is expected to close in the first half of 2026.
  • The Micro Bird acquisition aims to consolidate Blue Bird's North American operations, unify its brands, and expand its presence in the Buy America Act-compliant shuttle bus market.

Capital Expenditures

  • Blue Bird's capital expenditures averaged 1.2% of revenue for fiscal years ending October 2021 to 2025.
  • The company plans significant strategic investments in growth starting in fiscal year 2024, including approximately $25 million for R&D/Engineering expenses and $25 million for CAPEX/Tooling.
  • Blue Bird is undertaking a significant capital investment for a new plant, with its portion being around $200 million over two years, and is also increasing regular capital expenditure spending and investing in engineering projects related to emissions regulations. Additionally, Blue Bird plans to invest $50 million in capital expenditures for growth and maintenance through fiscal year 2027.

Better Bets vs. Blue Bird (BLBD)

Trade Ideas

Select ideas related to BLBD.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GEO_4302026_Dip_Buyer_ValueBuy04302026GEOGEODip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
RUN_4302026_Short_Squeeze04302026RUNSunrunSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
0.0%0.0%0.0%
RSG_4172026_Monopoly_xInd_xCD_Getting_Cheaper04172026RSGRepublic ServicesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.8%0.8%-1.1%
VRSK_4102026_Dip_Buyer_FCFYield04102026VRSKVerisk AnalyticsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
12.3%12.3%0.0%
UHAL_4102026_Monopoly_xInd_xCD_Getting_Cheaper04102026UHALU-HaulMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-1.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

BLBDPLOWFSTRSRICVGIDEMedian
NameBlue BirdDouglas .L.B. Fos.Stonerid.Commerci.Deere  
Mkt Price63.3950.7439.746.894.22575.7945.24
Mkt Cap2.01.20.40.20.1155.60.8
Rev LTM1,49965656386164945,746759
Op Inc LTM1727426-17-18,22550
FCF LTM163644112343,57652
FCF 3Y Avg1243317104,08725
CFO LTM186755134457,70163
CFO 3Y Avg141432629168,54536

Growth & Margins

BLBDPLOWFSTRSRICVGIDEMedian
NameBlue BirdDouglas .L.B. Fos.Stonerid.Commerci.Deere  
Rev Chg LTM11.6%15.4%11.7%-5.2%-10.3%-2.5%4.5%
Rev Chg 3Y Avg18.7%2.6%3.5%-1.2%-4.7%-4.7%0.7%
Rev Chg Q6.1%28.6%23.9%-6.0%-5.2%13.1%9.6%
QoQ Delta Rev Chg LTM1.3%6.7%4.3%-1.5%-1.3%2.4%1.9%
Op Inc Chg LTM27.8%54.5%98.5%-4,356.2%13.6%-19.6%20.7%
Op Inc Chg 3Y Avg123.2%12.3%105.1%-1,373.9%-4.2%-4.0%4.2%
Op Mgn LTM11.5%11.2%4.6%-2.0%-0.1%18.0%7.9%
Op Mgn 3Y Avg9.9%9.2%3.0%-0.2%1.5%21.4%6.1%
QoQ Delta Op Mgn LTM0.2%0.3%0.5%-0.4%0.5%-0.9%0.2%
CFO/Rev LTM12.4%11.4%9.1%4.0%6.9%16.8%10.2%
CFO/Rev 3Y Avg10.3%6.9%4.7%3.2%2.1%17.0%5.8%
FCF/Rev LTM10.8%9.7%7.2%1.4%5.2%7.8%7.5%
FCF/Rev 3Y Avg9.1%5.3%3.1%0.2%0.0%8.1%4.2%

Valuation

BLBDPLOWFSTRSRICVGIDEMedian
NameBlue BirdDouglas .L.B. Fos.Stonerid.Commerci.Deere  
Mkt Cap2.01.20.40.20.1155.60.8
P/S1.31.80.70.20.23.41.0
P/Op Inc11.715.915.7-11.3-218.818.913.7
P/EBIT11.315.915.5-4.6-52.916.813.4
P/E15.524.936.3-1.9-6.332.320.2
P/CFO10.815.77.95.63.220.29.4
Total Yield6.4%6.4%2.8%-53.6%-15.9%4.2%3.5%
Dividend Yield0.0%2.4%0.0%0.0%0.0%1.1%0.0%
FCF Yield 3Y Avg10.3%4.9%6.3%4.9%5.0%3.5%5.0%
D/E0.00.20.21.01.00.40.3
Net D/E-0.10.20.20.60.80.40.3

Returns

BLBDPLOWFSTRSRICVGIDEMedian
NameBlue BirdDouglas .L.B. Fos.Stonerid.Commerci.Deere  
1M Rtn8.1%21.1%42.0%42.9%18.5%0.0%19.8%
3M Rtn20.9%31.0%26.8%-9.3%189.0%6.0%23.8%
6M Rtn24.9%73.9%48.3%2.2%177.6%23.7%36.6%
12M Rtn65.6%115.5%94.0%59.9%363.4%21.2%79.8%
3Y Rtn231.4%107.2%262.6%-57.8%-58.2%57.5%82.4%
1M Excs Rtn0.6%10.9%22.1%32.6%-11.0%-9.7%5.7%
3M Excs Rtn15.9%26.0%21.9%-14.3%184.1%1.0%18.9%
6M Excs Rtn20.8%64.4%38.9%-5.0%171.5%19.4%29.8%
12M Excs Rtn39.3%86.6%65.4%29.7%302.8%-6.5%52.3%
3Y Excs Rtn164.9%21.9%177.0%-137.5%-116.5%-15.3%3.3%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Bus1,2431,035724625823
Parts10498775957
Total1,3471,133801684879


Price Behavior

Price Behavior
Market Price$63.39 
Market Cap ($ Bil)2.0 
First Trading Date03/20/2014 
Distance from 52W High-2.5% 
   50 Days200 Days
DMA Price$58.96$54.46
DMA Trendupup
Distance from DMA7.5%16.4%
 3M1YR
Volatility48.1%40.3%
Downside Capture0.480.37
Upside Capture148.51109.71
Correlation (SPY)36.9%33.6%
BLBD Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.461.291.181.051.131.15
Up Beta2.021.941.851.591.691.13
Down Beta0.631.840.730.151.000.90
Up Capture108%106%161%148%125%321%
Bmk +ve Days15223166141428
Stock +ve Days12213365136400
Down Capture-173%67%53%95%73%105%
Bmk -ve Days4183056108321
Stock -ve Days10223160115349

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BLBD
BLBD69.1%40.3%1.40-
Sector ETF (XLI)30.0%15.4%1.5037.0%
Equity (SPY)27.8%12.5%1.7333.6%
Gold (GLD)40.6%27.2%1.235.4%
Commodities (DBC)50.1%18.0%2.16-13.6%
Real Estate (VNQ)11.0%13.4%0.5321.9%
Bitcoin (BTCUSD)-17.3%42.2%-0.345.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BLBD
BLBD18.2%56.7%0.51-
Sector ETF (XLI)12.8%17.4%0.5836.8%
Equity (SPY)12.8%17.1%0.5934.4%
Gold (GLD)20.2%17.9%0.925.4%
Commodities (DBC)14.0%19.1%0.605.2%
Real Estate (VNQ)3.4%18.8%0.0927.4%
Bitcoin (BTCUSD)7.9%56.2%0.3513.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BLBD
BLBD19.5%51.0%0.54-
Sector ETF (XLI)13.8%19.9%0.6139.9%
Equity (SPY)14.9%17.9%0.7135.3%
Gold (GLD)13.4%15.9%0.701.4%
Commodities (DBC)9.6%17.7%0.4512.5%
Real Estate (VNQ)5.6%20.7%0.2331.1%
Bitcoin (BTCUSD)67.4%66.9%1.0610.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity3.5 Mil
Short Interest: % Change Since 3312026-9.4%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest10.6 days
Basic Shares Quantity31.8 Mil
Short % of Basic Shares11.0%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/4/202611.8%16.3%10.2%
11/24/2025-5.5%-7.0%-8.7%
8/6/202518.5%28.0%33.3%
5/7/2025-1.4%5.6%7.5%
2/5/20254.2%-0.1%-5.1%
10/25/20243.1%2.3%0.0%
8/7/20240.3%-2.9%-4.4%
5/8/202424.5%41.1%50.1%
...
SUMMARY STATS   
# Positive111112
# Negative998
Median Positive8.2%15.6%12.9%
Median Negative-5.5%-7.8%-8.1%
Max Positive36.3%41.1%50.1%
Max Negative-16.7%-18.3%-25.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/04/202610-Q
09/30/202511/24/202510-K
06/30/202508/06/202510-Q
03/31/202505/07/202510-Q
12/31/202402/05/202510-Q
09/30/202411/25/202410-K
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202302/07/202410-Q
09/30/202312/11/202310-K
06/30/202308/09/202310-Q
03/31/202305/11/202310-Q
12/31/202202/08/202310-Q
09/30/202212/12/202210-K
06/30/202208/10/202210-Q
03/31/202205/12/202210-Q

Recent Forward Guidance [BETA]

Latest: Q1 2026 Earnings Reported 2/4/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue 1.50 Bil 0 AffirmedGuidance: 1.50 Bil for 2026
2026 Adjusted EBITDA 225.00 Mil 2.3% RaisedGuidance: 220.00 Mil for 2026
2027 Revenue 2.00 Bil   Higher New
2027 Adjusted EBITDA Margin 16.0%   Higher New

Prior: Q4 2025 Earnings Reported 11/24/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue 1.50 Bil    
2026 Adjusted EBITDA 220.00 Mil    
2026 Adjusted EBITDA Margin 16.0% 10.3%1.5%Higher NewActual: 14.5% for 2025

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Sanfrey, Jeffrey ScottChief Operating OfficerDirectSell305202658.545,192303,9402,283,704Form
2Radulescu, RazvanChief Financial OfficerDirectSell220202660.983,925239,3462,576,710Form
3Radulescu, RazvanChief Financial OfficerDirectSell1217202551.587,006361,3692,381,964Form
4Horlock, Phil DirectSell1216202550.4215,381775,48911,363,609Form
5Radulescu, RazvanChief Financial OfficerDirectSell1210202550.397,984402,3142,473,494Form