DA Davidson Increases Aebi Schmidt (NASDAQ:AEBI) Price Target to $17.00

Aebi Schmidt (NASDAQ:AEBI) had its price target raised by investment analysts at DA Davidson from $15.00 to $17.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. DA Davidson’s price target suggests a potential upside of 27.49% from the stock’s previous close.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Aebi Schmidt in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $17.00.

Aebi Schmidt Trading Down 2.6%

NASDAQ AEBI opened at $13.33 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 1.99. The company has a market capitalization of $1.03 billion and a price-to-earnings ratio of 113.58. The company’s 50-day simple moving average is $12.57 and its two-hundred day simple moving average is $12.60. Aebi Schmidt has a one year low of $8.91 and a one year high of $15.96.

Aebi Schmidt (NASDAQ:AEBI) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. Aebi Schmidt had a net margin of 0.48% and a return on equity of 1.19%. The firm had revenue of $496.41 million during the quarter. During the same period in the previous year, the company posted ($0.06) EPS. Equities analysts forecast that Aebi Schmidt will post 0.68 EPS for the current fiscal year.

Insider Activity

In other news, CEO Steffen Schewerda acquired 5,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were purchased at an average price of $11.68 per share, with a total value of $58,400.00. Following the transaction, the chief executive officer directly owned 75,375 shares in the company, valued at approximately $880,380. This represents a 7.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 39.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Aebi Schmidt

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

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.