Blue Bird (BLBD) closed the most recent trading day at $44.91, moving -0.09% from the previous trading session. This change was narrower than the S&P 500's 0.76% loss on the day. On the other hand, the Dow registered a loss of 0.75%, and the technology-centric Nasdaq decreased by 1.01%.

Coming into today, shares of the school bus maker had lost 10.44% in the past month. In that same time, the Auto-Tires-Trucks sector lost 4.32%, while the S&P 500 gained 4.31%.

The upcoming earnings release of Blue Bird will be of great interest to investors. The company is expected to report EPS of $0.78, up 18.18% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $335 million, reflecting a 10.58% rise from the equivalent quarter last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Blue Bird. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Blue Bird possesses a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Blue Bird has a Forward P/E ratio of 12.15 right now. This denotes a discount relative to the industry's average Forward P/E of 12.79.

Meanwhile, BLBD's PEG ratio is currently 0.21. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Automotive - Domestic was holding an average PEG ratio of 1.52 at yesterday's closing price.

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 212, putting it in the bottom 16% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

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