Blue Bird Corporation Common Stock (BLBD)

FairStock Score: 68/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Blue Bird designs and manufactures school buses, mostly Type C, Type D, and specialty models, with propane, gasoline, natural gas, and electric options. It is a focused industrial with replacement demand, but school district budgets and competitive bidding limit the moat. The recent numbers are striking: in fiscal Q3 2026, the quarter ended 2026-06-27, revenue was $517.2M, net income $185.3M, and diluted EPS $5.27. That compares with fiscal Q3 2025 revenue of $398.0M, net income $36.5M, and diluted EPS $1.12. For full fiscal year 2025, revenue was $1.5B and net income $127.7M, up from $1.3B and $105.5M in fiscal 2024. The balance sheet data show D/E of 0.18, and trailing free cash flow is $153.1M, an 8.6% FCF yield. At the 2026-10-13 close of $56.41, FairStock's P/E is 6.68, P/B is 2.73, EV/EBITDA is 5.10, and its Graham Number is $62.69, roughly a 10% margin of safety. ROE is 64.29%, but ROCE of 13.61% tells me the core business is good, not extraordinary. The latest quarter's 35.82% net margin is far above the historical pattern, so I would want to know how much of that profit is recurring. Piotroski F-score of 4/9 and FairStock Score of 68/100 suggest decent but not elite quality. FairStock classifies it as TURNAROUND - returned to profit after a loss within the last three years - though the filed annual figures shown here are profitable. I would not pay a premium until normalized earnings are clearer.

In plain English: Blue Bird makes and sells school buses, mainly in the United States and Canada. The business has been growing: fiscal 2025 revenue was $1.5B and net income $127.7M, and the latest reported quarter was much stronger. At the 2026-10-13 close of $56.41, the shares look inexpensive compared with those profits, though one very strong quarter may not be repeated.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-06-27) · fiscal Q2 2026 10-Q (period ended 2026-03-28) · fiscal Q1 2026 10-Q (period ended 2025-12-27) · fiscal Q3 2025 10-Q (period ended 2025-06-28) · FY2025 10-K (period ended 2025-09-27) · FY2024 10-K (period ended 2024-09-28) · FY2023 10-K (period ended 2023-09-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer