Aebi Schmidt (NASDAQ:AEBI) Sees Unusually-High Trading Volume Following Earnings Beat

Aebi Schmidt Holding AG (NASDAQ:AEBIGet Free Report) shares saw strong trading volume on Thursday following a stronger than expected earnings report. Approximately 468,554 shares changed hands during trading, an increase of 67% from the previous session’s volume of 280,257 shares.The stock last traded at $14.4540 and had previously closed at $12.99.

The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. Aebi Schmidt had a return on equity of 1.19% and a net margin of 0.48%.The business had revenue of $496.41 million for the quarter.

Aebi Schmidt Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.10 annualized dividend and a yield of 0.7%. Aebi Schmidt’s payout ratio is 83.33%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Weiss Ratings raised Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a report on Friday, May 15th. DA Davidson reaffirmed a “buy” rating and issued a $15.00 target price on shares of Aebi Schmidt in a report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $15.00.

View Our Latest Stock Analysis on AEBI

Insider Buying and Selling at Aebi Schmidt

In related news, CEO Henning Schroeder purchased 3,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of $11.30 per share, for a total transaction of $33,900.00. Following the transaction, the chief executive officer directly owned 61,000 shares of the company’s stock, valued at approximately $689,300. The trade was a 5.17% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Steffen Schewerda acquired 5,000 shares of Aebi Schmidt stock in a transaction on Tuesday, May 19th. The shares were bought at an average cost of $11.68 per share, with a total value of $58,400.00. Following the completion of the purchase, the chief executive officer owned 75,375 shares in the company, valued at $880,380. The trade was a 7.10% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 22,000 shares of company stock worth $252,965 over the last three months. 39.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

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

Aebi Schmidt Trading Up 10.0%

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 company’s fifty day moving average price is $12.54 and its two-hundred day moving average price is $12.60. The firm has a market cap of $1.11 billion and a PE ratio of 119.34.

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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