FY2023 EPS Estimates for AirBoss of America Corp. Reduced by Pi Financial (TSE:BOS)

AirBoss of America Corp. (TSE:BOS – Get Rating) – Investment analysts at Pi Financial decreased their FY2023 earnings per share estimates for AirBoss of America in a research report issued on Friday, March 10th. Pi Financial analyst B. Jekic now expects that the company will post earnings per share of $1.01 for the year, down from their prior estimate of $1.08. The consensus estimate for AirBoss of America’s current full-year earnings is $0.98 per share. Pi Financial also issued estimates for AirBoss of America’s Q1 2024 earnings at $0.23 EPS, Q2 2024 earnings at $0.37 EPS, Q3 2024 earnings at $0.39 EPS, Q4 2024 earnings at $0.43 EPS and FY2024 earnings at $1.41 EPS.

Separately, TD Securities reduced their price objective on AirBoss of America from C$14.50 to C$14.00 and set a “speculative buy” rating for the company in a research report on Wednesday, March 1st. Three research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AirBoss of America presently has a consensus rating of “Buy” and an average price target of C$15.50.

AirBoss of America Trading Down 4.2 %

Shares of BOS stock opened at C$8.07 on Monday. The company has a quick ratio of 1.07, a current ratio of 2.24 and a debt-to-equity ratio of 71.63. AirBoss of America has a fifty-two week low of C$5.62 and a fifty-two week high of C$36.98. The stock has a market capitalization of C$218.62 million, a P/E ratio of -5.72, a P/E/G ratio of -550.53 and a beta of 1.86. The stock has a 50-day simple moving average of C$9.11 and a 200 day simple moving average of C$8.88.

AirBoss of America Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 17th. Investors of record on Friday, March 31st will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.96%. AirBoss of America’s dividend payout ratio (DPR) is presently -28.37%.

Insider Buying and Selling

In other AirBoss of America news, Senior Officer Andrew Lowe bought 8,400 shares of the stock in a transaction that occurred on Friday, December 23rd. The stock was acquired at an average cost of C$7.07 per share, with a total value of C$59,388.00. Following the purchase, the insider now owns 8,400 shares in the company, valued at C$59,388. 35.31% of the stock is owned by insiders.

AirBoss of America Company Profile

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AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada, the United States, and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products.