Aebi Schmidt (NASDAQ:AEBI) Shares Down 7.2% – What’s Next?

Aebi Schmidt Holding AG (NASDAQ:AEBIGet Free Report)’s stock price traded down 7.2% during mid-day trading on Tuesday . The stock traded as low as $9.10 and last traded at $9.2150. 892,833 shares changed hands during mid-day trading, an increase of 339% from the average session volume of 203,333 shares. The stock had previously closed at $9.93.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. DA Davidson reiterated a “buy” rating and set a $15.00 price target on shares of Aebi Schmidt in a research note on Friday. Weiss Ratings reissued a “sell (e)” rating on shares of Aebi Schmidt in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Aebi Schmidt presently has a consensus rating of “Hold” and an average target price of $15.00.

Check Out Our Latest Research Report on AEBI

Aebi Schmidt Trading Down 2.0%

The company has a debt-to-equity ratio of 0.67, a current ratio of 1.90 and a quick ratio of 1.15. The business has a 50-day simple moving average of $14.26. The firm has a market capitalization of $753.55 million and a PE ratio of 19.47.

Aebi Schmidt (NASDAQ:AEBIGet Free Report) last announced its earnings results on Thursday, March 19th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). Aebi Schmidt had a return on equity of 1.65% and a net margin of 0.64%.The business had revenue of $528.37 million for the quarter.

Institutional Investors Weigh In On Aebi Schmidt

A number of institutional investors and hedge funds have recently modified their holdings of AEBI. SummitTX Capital L.P. acquired a new position in shares of Aebi Schmidt in the 4th quarter worth $204,000. Millennium Management LLC purchased a new stake in shares of Aebi Schmidt during the fourth quarter valued at $1,315,000. AQR Capital Management LLC lifted its holdings in shares of Aebi Schmidt by 56.7% during the fourth quarter. AQR Capital Management LLC now owns 35,539 shares of the company’s stock valued at $450,000 after purchasing an additional 12,859 shares during the last quarter. Trexquant Investment LP acquired a new position in shares of Aebi Schmidt in the 4th quarter valued at $153,000. Finally, Russell Investments Group Ltd. increased its stake in Aebi Schmidt by 2.4% in the 4th quarter. Russell Investments Group Ltd. now owns 701,958 shares of the company’s stock worth $8,880,000 after purchasing an additional 16,600 shares in the last quarter.

Aebi Schmidt Company Profile

(Get Free Report)

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.

Further Reading

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