AirBoss of America (TSE:BOS) PT Raised to C$6.25 at National Bankshares

AirBoss of America (TSE:BOS) had its target price raised by National Bankshares from C$6.00 to C$6.25 in a report issued on Tuesday morning, BayStreet.CA reports.

Other equities analysts have also issued reports about the stock. TD Securities raised their target price on shares of AirBoss of America from C$6.50 to C$7.00 and gave the stock a speculative buy rating in a research report on Monday, March 11th. Pi Financial downgraded AirBoss of America from a buy rating to a neutral rating in a report on Tuesday, February 27th. CIBC increased their target price on shares of AirBoss of America from C$3.75 to C$4.75 and gave the stock an underperform rating in a report on Friday, March 8th. Finally, Cormark boosted their price target on shares of AirBoss of America from C$5.00 to C$5.25 in a report on Friday, March 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of Hold and an average price target of C$5.79.

AirBoss of America Price Performance

BOS opened at C$5.68 on Tuesday. The business has a fifty day moving average of C$5.44 and a 200 day moving average of C$4.73. The stock has a market cap of C$154.10 million, a P/E ratio of -2.72, a PEG ratio of -550.53 and a beta of 2.15. The company has a quick ratio of 1.07, a current ratio of 2.51 and a debt-to-equity ratio of 88.07. AirBoss of America has a 52-week low of C$3.65 and a 52-week high of C$7.85.

AirBoss of America (TSE:BOS) last issued its earnings results on Wednesday, March 6th. The company reported C($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.23) by C$0.09. The firm had revenue of C$126.21 million during the quarter, compared to analyst estimates of C$125.42 million. AirBoss of America had a negative net margin of 9.80% and a negative return on equity of 24.14%. As a group, sell-side analysts anticipate that AirBoss of America will post 0.6962677 EPS for the current year.

AirBoss of America Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend was Wednesday, March 27th. AirBoss of America’s payout ratio is -13.40%.

AirBoss of America Company Profile

AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various application in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries.