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

Aebi Schmidt Holding AG (NASDAQ:AEBI) was down 7.8% during mid-day trading on Wednesday . The company traded as low as $10.74 and last traded at $10.6040. Approximately 89,878 shares traded hands during trading, a decline of 67% from the average daily volume of 272,631 shares. The stock had previously closed at $11.50.

Wall Street Analysts Forecast Growth

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

Aebi Schmidt Stock Down 5.0%

The firm has a 50-day moving average price of $11.62. The stock has a market cap of $845.92 million and a price-to-earnings ratio of 21.92. The company has a current ratio of 1.90, a quick ratio of 1.15 and a debt-to-equity ratio of 0.67.

Aebi Schmidt (NASDAQ:AEBI) last issued its quarterly earnings data on Friday, March 20th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). The firm had revenue of $528.37 million during the quarter. Aebi Schmidt had a return on equity of 1.65% and a net margin of 0.64%. On average, analysts expect that Aebi Schmidt Holding AG will post 0.72 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Leonteq Securities AG acquired a new position in shares of Aebi Schmidt during the 4th quarter worth about $33,000. State of Alaska Department of Revenue acquired a new position in shares of Aebi Schmidt during the 4th quarter worth about $41,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Aebi Schmidt during the 4th quarter worth about $109,000. Trexquant Investment LP acquired a new position in shares of Aebi Schmidt during the 4th quarter worth about $153,000. Finally, Intech Investment Management LLC raised its position in shares of Aebi Schmidt by 14.7% during the 4th 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 during the last quarter.

Aebi Schmidt Company Profile

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.