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

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

Several other research analysts also recently commented on BOS. CIBC upped 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. Pi Financial downgraded shares of AirBoss of America from a buy rating to a neutral rating in a research note on Tuesday, February 27th. Cormark raised their target price on AirBoss of America from C$5.00 to C$5.25 in a research note on Friday, March 8th. Finally, TD Securities boosted their price target on AirBoss of America from C$6.50 to C$7.00 and gave the company a speculative buy rating in a report on Monday, March 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, AirBoss of America currently has a consensus rating of Hold and a consensus price target of C$5.79.

AirBoss of America Stock Down 0.4 %

Shares of BOS opened at C$5.68 on Tuesday. The firm has a market cap of C$154.10 million, a P/E ratio of -2.72, a P/E/G ratio of -550.53 and a beta of 2.15. AirBoss of America has a 1 year low of C$3.65 and a 1 year high of C$7.85. The stock has a 50 day simple moving average of C$5.44 and a two-hundred day simple moving average of C$4.73. The company has a debt-to-equity ratio of 88.07, a current ratio of 2.51 and a quick ratio of 1.07.

AirBoss of America (TSE:BOS) last released its earnings results on Wednesday, March 6th. The company reported C($0.14) EPS for the quarter, beating the consensus estimate of C($0.23) by C$0.09. The company had revenue of C$126.21 million for 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%. On average, analysts forecast that AirBoss of America will post 0.6962677 earnings per share 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. Investors of record on Thursday, March 28th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend was Wednesday, March 27th. AirBoss of America’s payout ratio is currently -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.