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Blue Bird: $202 Million Deal Is Cheaper Than You Think
2026-05-13 · via All Articles on Seeking Alpha

Summary

  • Blue Bird acquired the remaining 50% of Micro Bird for $201.8M, implying 10.7x FY2026 forecast EBITDA, which is below the 12.3x sector median.
  • The FY2026 EBITDA guidance raise of 8.9% is largely inorganic, while the organic raise is only 2.2%.
  • Management has beaten guidance for 14 consecutive quarters, supporting credibility of midterm EBITDA targets.
  • Fair value is estimated at $85.59 short-term and $131.08 long-term, representing 20-85% upside from current levels.
앨라배마주 윌머에 있는 태너 윌리엄스 초등학교의 모바일 카운티 공립학교 시스템 스쿨 버스

Carmen K Sisson/iStock Editorial via Getty Images

April 1, 2026, Blue Bird (BLBD), 99 years old, has acquired the remaining 50% of shares from Micro Bird. This means Micro Bird has become a subsidiary of Blue Bird. Why

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