Aebi Schmidt (NASDAQ:AEBI) Releases Quarterly Earnings Results, Misses Estimates By $0.08 EPS

Aebi Schmidt (NASDAQ:AEBI) posted its earnings results on Wednesday. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.08), FiscalAI reports. Aebi Schmidt had a return on equity of 2.59% and a net margin of 1.09%. The business had revenue of $493.11 million during the quarter.

Here are the key takeaways from Aebi Schmidt’s conference call:

• Q3 net sales increased 4.6% to $493 million and Adjusted EBITDA rose 4.9% to $44.2 million, with the margin holding at 9.0%. Order backlog grew 16% year over year to a record $1.3 billion, providing visibility into future demand.
• Material-cost inflation and supply-chain disruptions pressured gross margin, which fell 80 basis points year over year to 19.2%. The company lowered its 2026 outlook to net sales of $1.95–$2.0 billion and Adjusted EBITDA of $170–$180 million, citing disruptions that affected third-quarter results.
• North America’s Walk-In Van business became the company’s market leader after a significant operational turnaround, with output per day up 77% and units requiring rework down almost 90% versus a year earlier. Management said supply allocations are secured through 2027 and backlog extends well into that year.
• Aebi Schmidt plans to acquire O.J. Watson, a Rocky Mountain-region upfitter with about $28 million in annual sales, in a deal expected to close by year-end and be EPS-accretive in its first year. The company also reduced leverage to 2.66 times and expects it to fall below 2.5 times by year-end.

Aebi Schmidt Price Performance

Aebi Schmidt stock traded down $0.32 during midday trading on Wednesday, reaching $10.85. 458,128 shares of the stock were exchanged, compared to its average volume of 300,264. The company’s fifty day moving average is $11.48 and its 200-day moving average is $12.32. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.14 and a current ratio of 1.98. The firm has a market cap of $841.68 million, a PE ratio of 33.91 and a beta of 2.43. Aebi Schmidt has a 52 week low of $8.91 and a 52 week high of $15.96.

Aebi Schmidt Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, November 12th will be paid a dividend of $0.0250 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $0.10 annualized dividend and a yield of 0.9%. Aebi Schmidt’s payout ratio is currently 31.25%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Pzena Investment Management LLC purchased a new stake in shares of Aebi Schmidt in the second quarter worth $54,208,000. BlackRock Inc. bought a new stake in Aebi Schmidt during the second quarter valued at $40,634,000. Medina Value Partners LLC purchased a new position in Aebi Schmidt during the second quarter worth about $23,893,104. NewEdge Wealth LLC purchased a new position in Aebi Schmidt during the second quarter worth about $10,980,000. Finally, Ancora Advisors LLC purchased a new position in Aebi Schmidt during the second quarter worth about $9,750,000.

Analyst Ratings Changes

AEBI has been the subject of several analyst reports. Roth Capital reaffirmed a “buy” rating and issued a $17.00 price objective on shares of Aebi Schmidt in a report on Friday, August 14th. Weiss Ratings cut shares of Aebi Schmidt from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Finally, DA Davidson increased their target price on Aebi Schmidt from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

About Aebi Schmidt

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.