Aebi Schmidt Holding AG (NASDAQ:AEBI – Get Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $9.71, but opened at $9.38. Aebi Schmidt shares last traded at $9.7450, with a volume of 18,948 shares trading hands.
Analysts Set New Price Targets
Several brokerages have issued reports on AEBI. DA Davidson reissued a “buy” rating and issued a $15.00 price target on shares of Aebi Schmidt in a research note on Friday, March 20th. Weiss Ratings reiterated a “sell (e)” rating on shares of Aebi Schmidt in a research note on Friday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $15.00.
Check Out Our Latest Report on AEBI
Aebi Schmidt Trading Down 0.3%
Aebi Schmidt (NASDAQ:AEBI – Get Free Report) last issued its earnings results on Friday, March 20th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). Aebi Schmidt had a net margin of 0.64% and a return on equity of 1.65%. The firm had revenue of $528.37 million during the quarter.
Institutional Trading of Aebi Schmidt
A number of hedge funds and other institutional investors have recently bought and sold shares of AEBI. Leonteq Securities AG bought a new position in shares of Aebi Schmidt in the fourth quarter valued at $33,000. State of Alaska Department of Revenue acquired a new position in Aebi Schmidt during the 4th quarter valued at about $41,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Aebi Schmidt during the 4th quarter worth approximately $109,000. Trexquant Investment LP purchased a new stake in shares of Aebi Schmidt in the fourth quarter worth approximately $153,000. Finally, Intech Investment Management LLC lifted its holdings in shares of Aebi Schmidt by 14.7% in the fourth quarter. Intech Investment Management LLC now owns 12,375 shares of the company’s stock valued at $157,000 after purchasing an additional 1,584 shares in the last quarter.
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.
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