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

Aebi Schmidt Holding AG (NASDAQ:AEBI)’s share price dropped 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 changed hands during mid-day trading, a decline of 67% from the average daily volume of 272,631 shares. The stock had previously closed at $11.50.

Analysts Set New Price Targets

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

Aebi Schmidt Price Performance

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

Aebi Schmidt (NASDAQ:AEBI) last released its quarterly earnings results on Friday, March 20th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.11). Aebi Schmidt had a return on equity of 1.65% and a net margin of 0.64%.The firm had revenue of $528.37 million during the quarter. As a group, equities research analysts anticipate that Aebi Schmidt Holding AG will post 0.72 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Aebi Schmidt

A number of large investors have recently made changes to their positions in the stock. Swiss National Bank grew its holdings in shares of Aebi Schmidt by 2.5% during the first quarter. Swiss National Bank now owns 76,500 shares of the company’s stock valued at $743,000 after buying an additional 1,900 shares during the last quarter. North Star Investment Management Corp. acquired a new position in Aebi Schmidt during the first quarter valued at $291,000. Kirr Marbach & Co. LLC IN lifted its position in Aebi Schmidt by 2.1% during the first quarter. Kirr Marbach & Co. LLC IN now owns 352,171 shares of the company’s stock valued at $3,420,000 after purchasing an additional 7,210 shares during the period. SummitTX Capital L.P. acquired a new position in Aebi Schmidt during the fourth quarter valued at $204,000. Finally, Millennium Management LLC acquired a new position in Aebi Schmidt during the fourth quarter valued at $1,315,000.

About Aebi Schmidt

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.