DA Davidson Issues Positive Forecast for Aebi Schmidt (NASDAQ:AEBI) Stock Price

Aebi Schmidt (NASDAQ:AEBI) had its price objective lifted by research analysts at DA Davidson from $15.00 to $17.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. DA Davidson’s price objective suggests a potential upside of 27.49% from the stock’s previous close.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Aebi Schmidt in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Aebi Schmidt presently has an average rating of “Hold” and a consensus price target of $17.00.

Aebi Schmidt Stock Performance

NASDAQ AEBI opened at $13.33 on Friday. The business’s 50 day moving average price is $12.57 and its 200-day moving average price is $12.60. Aebi Schmidt has a fifty-two week low of $8.91 and a fifty-two week high of $15.96. The company has a market cap of $1.03 billion and a P/E ratio of 113.58. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 1.99.

Aebi Schmidt (NASDAQ:AEBI) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $496.41 million during the quarter. Aebi Schmidt had a return on equity of 1.19% and a net margin of 0.48%.During the same quarter in the prior year, the business earned ($0.06) earnings per share. Sell-side analysts predict that Aebi Schmidt will post 0.68 earnings per share for the current year.

Insider Transactions at Aebi Schmidt

In related news, CEO Steffen Schewerda bought 5,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were acquired at an average cost of $11.68 per share, for a total transaction of $58,400.00. Following the purchase, the chief executive officer directly owned 75,375 shares of the company’s stock, valued at approximately $880,380. The trade was a 7.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 39.10% of the stock is currently owned by company insiders.

Institutional Trading of Aebi Schmidt

Institutional investors and hedge funds have recently modified their holdings of the stock. Intech Investment Management LLC grew its stake in Aebi Schmidt by 14.7% in the fourth quarter. Intech Investment Management LLC now owns 12,375 shares of the company’s stock worth $157,000 after purchasing an additional 1,584 shares in the last quarter. Deutsche Bank AG raised its position in Aebi Schmidt by 6.5% during the 4th quarter. Deutsche Bank AG now owns 26,876 shares of the company’s stock valued at $340,000 after purchasing an additional 1,652 shares in the last quarter. Swiss National Bank raised its position in Aebi Schmidt by 2.5% during the 1st quarter. Swiss National Bank now owns 76,500 shares of the company’s stock valued at $743,000 after purchasing an additional 1,900 shares in the last quarter. Nuveen LLC lifted its holdings in shares of Aebi Schmidt by 2.0% in the 4th quarter. Nuveen LLC now owns 120,783 shares of the company’s stock worth $1,528,000 after buying an additional 2,412 shares during the period. Finally, Leonteq Securities AG purchased a new stake in shares of Aebi Schmidt in the 4th quarter worth $33,000.

About Aebi Schmidt

Aebi Schmidt is a Swiss-based company that designs, manufactures and services specialized equipment for municipal and commercial surface maintenance. The company’s offerings focus on machines and attachment systems used for snow-clearing, street sweeping, vegetation management, and related upkeep of roads, paths and public spaces. Aebi Schmidt supplies complete vehicle systems as well as modular implements that can be mounted on carriers for year‑round use.

Product lines typically include multi‑purpose maintenance vehicles, snowplows and salt spreaders, street sweepers, mowers and verge management tools, plus a range of hydraulic attachments and consumable parts.