With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.78 million shares. During the session, the Farm & Heavy Construction Machinery company that operates in wider Industrials sector, reached to the highest price of $42.44 whereas the lowest price it dropped to was $41.18. The 52-week range on BLBD shows that it touched its highest point at $59.40 and its lowest point at $19.30 during that stretch. It currently has a 1-year price target of $60.19. Beta for the stock currently stands at 1.57.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLBD was down-trending over the past week, with a drop of -2.59%, but this was down by -0.83% over a month. Three-month performance dropped to -14.37% while six-month performance fell -22.98%. The stock gained 112.86% in the past year, while it has gained 54.75% so far this year. A look at the trailing 12-month EPS for BLBD yields 3.18 with Next year EPS estimates of 4.43. For the next quarter, that number is 0.79. This implies an EPS growth rate of 11.81% for this year and 14.59% for next year. EPS is expected to grow by 12.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.64%.
Float and Shares Shorts:
At present, 32.27 million BLBD shares are outstanding with a float of 31.69 million shares on hand for trading. On 2024-10-31, short shares totaled 3.42 million, which was 1056.9999 higher than short shares on 1727654400. In addition to Mr. Philip Horlock as the firm’s President, CEO & Director, Mr. Razvan Radulescu serves as its CFO, Principal Financial & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 0.96807 of BLBD’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-29, BLBD reported revenue of $350212000.0 and operating income of $25579000.0. The EBITDA in the recently reported quarter was $32014000.0 and diluted EPS was $0.73.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLBD since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BLBD analysts setting a high price target of 71.0 and a low target of 41.0, the average target price over the next 12 months is 59.64286. Based on these targets, BLBD could surge 70.18% to reach the target high and fall by -1.73% to reach the target low. Reaching the average price target will result in a growth of 42.96% from current levels.
Analysts have provided yearly estimates in a range of $3.50791 being high and $3.2123 being low. For BLBD, this leads to a yearly average estimate of $3.33054. The surprise factor in the prior quarter was $0.51. Based on analyst estimates, the high estimate for the next quarter is $1.08 and the low estimate is $0.89. The average estimate for the next quarter is thus $0.95.
