Blue Bird Corp Stock Gross Profit
| BLBD Stock | USD 33.62 0.60 1.75% |
Blue Bird Corp fundamentals help investors to digest information that contributes to Blue Bird's financial success or failures. It also enables traders to predict the movement of Blue Stock. The fundamental analysis module provides a way to measure Blue Bird's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blue Bird stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 125 M | 87.6 M | |
| Gross Profit Margin | 0.14 | 0.12 |
Blue | Gross Profit |
Blue Bird Corp Company Gross Profit Analysis
Blue Bird's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Blue Bird Gross Profit | 36.55 M |
Most of Blue Bird's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blue Bird Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Blue Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Blue Bird is extremely important. It helps to project a fair market value of Blue Stock properly, considering its historical fundamentals such as Gross Profit. Since Blue Bird's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Blue Bird's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Blue Bird's interrelated accounts and indicators.
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Blue Gross Profit Historical Pattern
Today, most investors in Blue Bird Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Blue Bird's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Blue Bird gross profit as a starting point in their analysis.
Blue Bird Gross Profit |
| Timeline |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Blue Bird Corp reported 36.55 M of gross profit. This is 99.76% lower than that of the Machinery sector and 99.99% lower than that of the Industrials industry. The gross profit for all United States stocks is 99.87% higher than that of the company.
Blue Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blue Bird's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blue Bird could also be used in its relative valuation, which is a method of valuing Blue Bird by comparing valuation metrics of similar companies.Blue Bird is currently under evaluation in gross profit category among related companies.
Blue Fundamentals
| Return On Equity | 1.85 | ||||
| Return On Asset | 0.16 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 1.16 B | ||||
| Shares Outstanding | 32.2 M | ||||
| Shares Owned By Insiders | 0.75 % | ||||
| Shares Owned By Institutions | 83.17 % | ||||
| Number Of Shares Shorted | 1.23 M | ||||
| Price To Earning | 27.57 X | ||||
| Price To Book | 15.38 X | ||||
| Price To Sales | 0.95 X | ||||
| Revenue | 1.13 B | ||||
| Gross Profit | 36.55 M | ||||
| EBITDA | 60.33 M | ||||
| Net Income | 23.81 M | ||||
| Cash And Equivalents | 26.51 M | ||||
| Cash Per Share | 0.83 X | ||||
| Total Debt | 131.91 M | ||||
| Debt To Equity | 9.94 % | ||||
| Current Ratio | 1.42 X | ||||
| Book Value Per Share | 2.35 X | ||||
| Cash Flow From Operations | 119.93 M | ||||
| Short Ratio | 2.68 X | ||||
| Earnings Per Share | 1.90 X | ||||
| Price To Earnings To Growth | 1.13 X | ||||
| Target Price | 38.21 | ||||
| Number Of Employees | 1.83 K | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 1.08 B | ||||
| Total Asset | 417.77 M | ||||
| Retained Earnings | (55.7 M) | ||||
| Working Capital | 6.44 M | ||||
| Current Asset | 140.15 M | ||||
| Current Liabilities | 130.52 M | ||||
| Net Asset | 417.77 M |
About Blue Bird Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blue Bird Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Bird using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Bird Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blue Bird in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blue Bird's short interest history, or implied volatility extrapolated from Blue Bird options trading.
Pair Trading with Blue Bird
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Bird position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Bird will appreciate offsetting losses from the drop in the long position's value.Moving together with Blue Stock
| 0.66 | ELMSQ | Electric Last Mile | PairCorr |
Moving against Blue Stock
| 0.86 | TFRFF | Tefron | PairCorr |
| 0.83 | SOLO | Electrameccanica Veh Financial Report 20th of May 2024 | PairCorr |
| 0.79 | EVKG | Ever Glory Internati | PairCorr |
| 0.79 | EXPR | Express Financial Report 22nd of May 2024 | PairCorr |
| 0.73 | FIGS | Figs Inc Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Blue Bird could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Bird when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Bird - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Bird Corp to buy it.
The correlation of Blue Bird is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Bird moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Bird Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blue Bird can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Blue Bird Piotroski F Score and Blue Bird Altman Z Score analysis. Note that the Blue Bird Corp information on this page should be used as a complementary analysis to other Blue Bird's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Blue Stock analysis
When running Blue Bird's price analysis, check to measure Blue Bird's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blue Bird is operating at the current time. Most of Blue Bird's value examination focuses on studying past and present price action to predict the probability of Blue Bird's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Bird's price. Additionally, you may evaluate how the addition of Blue Bird to your portfolios can decrease your overall portfolio volatility.
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Is Blue Bird's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blue Bird. If investors know Blue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blue Bird listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.351 | Earnings Share 1.9 | Revenue Per Share 37.832 | Quarterly Revenue Growth 0.348 | Return On Assets 0.1571 |
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.