Aebi Schmidt (NASDAQ:AEBI) Sees Unusually-High Trading Volume – What’s Next?

Aebi Schmidt Holding AG (NASDAQ:AEBI) shares saw an uptick in trading volume on Friday . 295,599 shares traded hands during mid-day trading, an increase of 61% from the previous session’s volume of 183,980 shares.The stock last traded at $10.4010 and had previously closed at $11.30.

Analysts Set New Price Targets

AEBI has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “sell (e)” rating on shares of Aebi Schmidt in a research report on Monday, December 29th. DA Davidson reaffirmed a “buy” rating and set a $15.00 price target on shares of Aebi Schmidt in a research report on Friday. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $15.00.

Aebi Schmidt Price Performance

The firm’s 50 day moving average is $14.45. The firm has a market cap of $766.05 million and a PE ratio of 28.33. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.10 and a quick ratio of 1.22.

Aebi Schmidt (NASDAQ:AEBI) last released its earnings results on Thursday, March 19th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). The business had revenue of $528.37 million during the quarter.

Institutional Trading of Aebi Schmidt

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. acquired a new position in Aebi Schmidt during the third quarter worth about $695,000. State of Alaska Department of Revenue purchased a new position in Aebi Schmidt in the 4th quarter valued at approximately $41,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Aebi Schmidt in the 4th quarter valued at approximately $109,000. First Eagle Investment Management LLC boosted its position in Aebi Schmidt by 4.0% during the fourth quarter. First Eagle Investment Management LLC now owns 306,389 shares of the company’s stock worth $3,876,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC boosted its position in Aebi Schmidt by 4.7% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 80,698 shares of the company’s stock worth $1,021,000 after purchasing an additional 3,590 shares in 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.