Aebi Schmidt (NASDAQ:AEBI) Shares Gap Down – Time to Sell?

Aebi Schmidt Holding AG (NASDAQ:AEBIGet Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $9.71, but opened at $9.38. Aebi Schmidt shares last traded at $9.7450, with a volume of 18,948 shares trading hands.

Analysts Set New Price Targets

A number of brokerages have issued reports on AEBI. Weiss Ratings reissued a “sell (e)” rating on shares of Aebi Schmidt in a report on Friday, March 27th. DA Davidson reaffirmed a “buy” rating and issued a $15.00 target price on shares of Aebi Schmidt in a report on Friday, March 20th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $15.00.

Read Our Latest Analysis on AEBI

Aebi Schmidt Stock Up 2.1%

The firm has a market cap of $741.78 million and a P/E ratio of 19.16. The company has a current ratio of 1.90, a quick ratio of 1.15 and a debt-to-equity ratio of 0.67. The company has a fifty day simple moving average of $13.45.

Aebi Schmidt (NASDAQ:AEBIGet Free Report) last released its quarterly earnings results on Friday, March 20th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). The business had revenue of $528.37 million during the quarter. Aebi Schmidt had a net margin of 0.64% and a return on equity of 1.65%.

Hedge Funds Weigh In On Aebi Schmidt

Large investors have recently modified their holdings of the stock. Leonteq Securities AG bought a new stake in shares of Aebi Schmidt during the fourth quarter valued at approximately $33,000. State of Alaska Department of Revenue bought a new position in Aebi Schmidt in the 4th quarter worth approximately $41,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Aebi Schmidt during the 4th quarter worth $109,000. Trexquant Investment LP acquired a new position in Aebi Schmidt during the 4th quarter worth $153,000. Finally, Intech Investment Management LLC boosted its position in Aebi Schmidt by 14.7% in the 4th quarter. Intech Investment Management LLC now owns 12,375 shares of the company’s stock valued at $157,000 after buying an additional 1,584 shares during 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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