National Bank Financial Weighs in on AirBoss of America Corp.’s FY2024 Earnings (TSE:BOS)

AirBoss of America Corp. (TSE:BOS) – Analysts at National Bank Financial reduced their FY2024 EPS estimates for AirBoss of America in a research note issued to investors on Thursday, November 9th. National Bank Financial analyst A. Abdullah now anticipates that the company will post earnings of $0.33 per share for the year, down from their prior forecast of $0.34. National Bank Financial currently has a “Sector Perform Under Weight” rating on the stock. The consensus estimate for AirBoss of America’s current full-year earnings is $0.24 per share.

Several other analysts have also recently weighed in on BOS. CIBC cut shares of AirBoss of America from a “neutral” rating to an “underperform” rating and dropped their price target for the company from C$6.00 to C$3.75 in a research note on Friday. Canaccord Genuity Group cut shares of AirBoss of America from a “buy” rating to a “hold” rating and dropped their price objective for the company from C$15.00 to C$6.50 in a report on Friday, July 28th. TD Securities boosted their price objective on AirBoss of America from C$7.00 to C$8.50 and gave the stock a “speculative buy” rating in a research report on Friday. National Bankshares lowered shares of AirBoss of America from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from C$8.50 to C$6.00 in a report on Thursday, October 12th. Finally, Pi Financial cut AirBoss of America from a “buy” rating to a “neutral” rating in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of C$6.05.

AirBoss of America Stock Performance

BOS opened at C$3.90 on Monday. The company has a current ratio of 2.44, a quick ratio of 1.07 and a debt-to-equity ratio of 66.67. The firm’s 50-day moving average price is C$4.26 and its 200 day moving average price is C$5.58. The firm has a market capitalization of C$105.81 million, a PE ratio of -1.71, a PEG ratio of -550.53 and a beta of 1.98. AirBoss of America has a twelve month low of C$3.66 and a twelve month high of C$11.41.

AirBoss of America Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 7.18%. The ex-dividend date of this dividend is Thursday, December 28th. AirBoss of America’s dividend payout ratio (DPR) is presently -17.54%.

AirBoss of America Company Profile

AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products in Canada, the United States, and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. The AirBoss Defense Group segment develops, manufactures, and sells healthcare protective equipment, personal respiratory protective products, rapid deployment negative pressure isolation shelters, and cold weather combat footwear, as well as chemical, biological, radioactive, and nuclear and explosive protective equipment for military, law enforcement, healthcare and industrial providers, and first responders.