AirBoss of America (TSE:BOS) PT Raised to C$7.50

AirBoss of America (TSE:BOS) had its target price lifted by TD Securities from C$7.00 to C$7.50 in a research report report published on Monday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other research analysts have also weighed in on BOS. Cormark raised their target price on shares of AirBoss of America from C$5.00 to C$5.25 in a report on Friday, March 8th. National Bankshares boosted their target price on shares of AirBoss of America from C$6.00 to C$6.25 in a report on Tuesday, April 23rd. CIBC increased their price target on shares of AirBoss of America from C$3.75 to C$4.75 and gave the company an underperform rating in a report on Friday, March 8th. Finally, Pi Financial downgraded AirBoss of America from a buy rating to a neutral rating in a research report on Tuesday, February 27th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, AirBoss of America has a consensus rating of Hold and a consensus target price of C$5.88.

AirBoss of America Stock Down 0.3 %

Shares of BOS stock opened at C$5.82 on Monday. The company’s fifty day simple moving average is C$5.54 and its two-hundred day simple moving average is C$4.84. AirBoss of America has a 52 week low of C$3.65 and a 52 week high of C$7.85. The stock has a market cap of C$157.90 million, a P/E ratio of -2.78, 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 (TSE:BOS) last posted its earnings results on Wednesday, March 6th. The company reported C($0.14) EPS for the quarter, topping analysts’ consensus estimates of C($0.23) by C$0.09. The company had revenue of C$126.21 million for the quarter, compared to the consensus estimate of C$125.42 million. AirBoss of America had a negative return on equity of 24.14% and a negative net margin of 9.80%. Analysts predict that AirBoss of America will post 0.6962677 EPS for the current fiscal year.

AirBoss of America Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.81%. The ex-dividend date was Wednesday, March 27th. AirBoss of America’s payout ratio is presently -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.