Key Points
- CEO Henning Schroeder bought 1,156 Aebi Schmidt shares at $10.50 each, investing $12,138. His stake rose 1.68% to 70,000 shares.
- Aebi Schmidt reported quarterly EPS of $0.14, missing the $0.22 consensus estimate; revenue was $493.11 million. The stock traded at $10.36 on Friday, below its 50- and 200-day moving averages.
- Analyst views are mixed: two rate the stock Buy and one Sell, resulting in a consensus Hold rating and a $17 price target. The company also announced a quarterly dividend of $0.025 per share.
Aebi Schmidt Holding AG (NASDAQ:AEBI - Get Free Report) CEO Henning Schroeder acquired 1,156 shares of the company's stock in a transaction that occurred on Thursday, November 12th. The shares were acquired at an average cost of $10.50 per share, with a total value of $12,138.00. Following the purchase, the chief executive officer owned 70,000 shares in the company, valued at $735,000. This represents a 1.68% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Aebi Schmidt Price Performance
AEBI stock traded up $0.12 during mid-day trading on Friday, reaching $10.36. The company's stock had a trading volume of 432,087 shares, compared to its average volume of 249,774. The company has a current ratio of 1.98, a quick ratio of 1.14 and a debt-to-equity ratio of 0.67. The company's 50 day moving average is $11.36 and its two-hundred day moving average is $12.26. Aebi Schmidt Holding AG has a fifty-two week low of $8.91 and a fifty-two week high of $15.96. The stock has a market cap of $803.97 million, a PE ratio of 23.55 and a beta of 2.43.
Aebi Schmidt (NASDAQ:AEBI - Get Free Report) last issued its earnings results on Wednesday, November 11th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.08). The company had revenue of $493.11 million for the quarter. Aebi Schmidt had a return on equity of 3.76% and a net margin of 1.56%. Equities research analysts expect that Aebi Schmidt Holding AG will post 0.64 EPS for the current year.
Aebi Schmidt Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, November 12th will be issued a $0.0250 dividend. This represents a $0.10 annualized dividend and a yield of 1.0%. The ex-dividend date is Thursday, November 12th. Aebi Schmidt's dividend payout ratio is presently 22.73%.
Institutional Investors Weigh In On Aebi Schmidt
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in Aebi Schmidt in the second quarter valued at about $40,634,000. Corient Private Wealth LP purchased a new position in Aebi Schmidt during the second quarter worth about $1,182,000. NewEdge Wealth LLC purchased a new position in Aebi Schmidt during the second quarter worth about $10,980,000. Medina Value Partners LLC acquired a new stake in shares of Aebi Schmidt during the second quarter valued at about $23,893,104. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Aebi Schmidt during the second quarter valued at about $1,266,000.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. DA Davidson raised their target price on Aebi Schmidt from $15.00 to $17.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. Roth Capital reissued a "buy" rating and issued a $17.00 price objective on shares of Aebi Schmidt in a report on Friday, August 14th. Finally, Weiss Ratings cut shares of Aebi Schmidt from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Aebi Schmidt currently has a consensus rating of "Hold" and a consensus price target of $17.00.
Get Our Latest Stock Analysis on Aebi Schmidt
Aebi Schmidt Company Profile
(
Get Free Report)
Aebi Schmidt develops and manufactures specialized vehicles and equipment for road maintenance, snow and ice control, airport operations, and other municipal and infrastructure applications. Its products include snowplows and spreaders, street sweepers, airport snow-clearing and deicing equipment, and compact vehicles and machinery for challenging terrain. The company serves public agencies, airports, contractors, and other commercial customers, with operations and markets across North America and Europe.
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