Aebi Schmidt (NASDAQ:AEBI) Trading Down 7.8% – Here’s What Happened

Aebi Schmidt Holding AG (NASDAQ:AEBIGet Free Report)’s share price fell 7.8% on Tuesday . The company traded as low as $11.49 and last traded at $11.4650. 103,165 shares changed hands during trading, a decline of 63% from the average session volume of 281,122 shares. The stock had previously closed at $12.43.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. DA Davidson reissued a “buy” rating and issued a $15.00 price objective on shares of Aebi Schmidt in a research note on Monday. Weiss Ratings raised shares of Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a research note on Friday. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $15.00.

Check Out Our Latest Report on Aebi Schmidt

Aebi Schmidt Trading Down 8.4%

The company has a quick ratio of 1.14, a current ratio of 1.99 and a debt-to-equity ratio of 0.69. The business’s 50-day moving average is $11.40. The firm has a market cap of $882.06 million and a PE ratio of 94.88.

Aebi Schmidt (NASDAQ:AEBIGet Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). Aebi Schmidt had a net margin of 0.48% and a return on equity of 1.19%. The firm had revenue of $455.55 million during the quarter. On average, equities research analysts expect that Aebi Schmidt Holding AG will post 0.65 earnings per share for the current fiscal year.

Institutional Trading of Aebi Schmidt

Large investors have recently modified their holdings of the stock. Leonteq Securities AG acquired a new position in shares of Aebi Schmidt during the 4th quarter valued at $33,000. State of Alaska Department of Revenue bought a new stake in Aebi Schmidt in the fourth quarter valued at $41,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Aebi Schmidt during the fourth quarter valued at about $109,000. Cetera Investment Advisers acquired a new position in shares of Aebi Schmidt during the first quarter valued at about $117,000. Finally, Amundi bought a new position in shares of Aebi Schmidt during the 1st quarter worth about $118,000.

About Aebi Schmidt

(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.

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