Aebi Schmidt (NASDAQ:AEBI) Stock Price Up 5.1% – Should You Buy?

Aebi Schmidt Holding AG (NASDAQ:AEBIGet Free Report)’s stock price rose 5.1% during trading on Friday . The stock traded as high as $11.64 and last traded at $11.7140. Approximately 35,360 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 277,340 shares. The stock had previously closed at $11.15.

Analysts Set New Price Targets

AEBI has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (e)” rating on shares of Aebi Schmidt in a research report on Friday, March 27th. DA Davidson reiterated a “buy” rating and issued a $15.00 price target on shares of Aebi Schmidt in a research note on Friday, March 20th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $15.00.

Read Our Latest Report on Aebi Schmidt

Aebi Schmidt Trading Up 6.0%

The stock has a market cap of $914.84 million and a price-to-earnings ratio of 23.64. The company has a quick ratio of 1.15, a current ratio of 1.90 and a debt-to-equity ratio of 0.67. The stock’s 50 day moving average price is $11.48.

Aebi Schmidt (NASDAQ:AEBIGet Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The firm had revenue of $455.55 million for the quarter. Aebi Schmidt had a net margin of 0.64% and a return on equity of 1.65%. Analysts predict that Aebi Schmidt Holding AG will post 0.72 EPS for the current fiscal year.

Institutional Trading of Aebi Schmidt

A number of institutional investors and hedge funds have recently bought and sold shares of AEBI. JPMorgan Chase & Co. bought a new stake in Aebi Schmidt during the 3rd quarter valued at about $695,000. State of Alaska Department of Revenue bought a new stake in Aebi Schmidt during the 4th quarter valued at about $41,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Aebi Schmidt during the 4th quarter valued at about $109,000. First Eagle Investment Management LLC grew its stake in shares of Aebi Schmidt by 4.0% in the fourth quarter. First Eagle Investment Management LLC now owns 306,389 shares of the company’s stock worth $3,876,000 after acquiring an additional 11,900 shares during the period. Finally, Pacific Ridge Capital Partners LLC grew its stake in shares of Aebi Schmidt by 4.7% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 80,698 shares of the company’s stock worth $1,021,000 after acquiring an additional 3,590 shares during the period.

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.

Further Reading

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