Aebi Schmidt Holding AG Announces Dividend of $0.03 (NASDAQ:AEBI)

Aebi Schmidt Holding AG (NASDAQ:AEBI) declared a dividend on Monday, July 20th. Stockholders of record on Thursday, August 20th will be given a dividend of 0.025 per share on Thursday, September 24th. The ex-dividend date of this dividend is Thursday, August 20th.

Aebi Schmidt Trading Up 2.1%

Shares of Aebi Schmidt stock traded up $0.27 during trading on Tuesday, hitting $13.02. The stock had a trading volume of 360,517 shares, compared to its average volume of 277,921. Aebi Schmidt has a 1 year low of $8.91 and a 1 year high of $15.96. The stock has a 50 day simple moving average of $12.18 and a 200 day simple moving average of $12.71. The company has a quick ratio of 1.14, a current ratio of 1.99 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $1.01 billion and a PE ratio of 108.50.

Aebi Schmidt (NASDAQ:AEBI) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 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 $455.55 million during the quarter. On average, research analysts expect that Aebi Schmidt will post 0.68 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on AEBI shares. DA Davidson restated a “buy” rating and issued a $15.00 target price on shares of Aebi Schmidt in a report on Monday, May 18th. Weiss Ratings upgraded Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Aebi Schmidt presently has a consensus rating of “Hold” and a consensus price target of $15.00.

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.