AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch Purchases 13,000 Shares

AirBoss of America Corp. (TSE:BOSGet Rating) Director Peter Grenville Schoch acquired 13,000 shares of the company’s stock in a transaction that occurred on Thursday, June 16th. The shares were acquired at an average price of C$15.60 per share, with a total value of C$202,800.00. Following the acquisition, the director now owns 4,817,077 shares in the company, valued at C$75,146,401.20.

BOS opened at C$15.10 on Friday. The firm has a market cap of C$409.09 million and a price-to-earnings ratio of 6.81. The company has a current ratio of 2.45, a quick ratio of 1.25 and a debt-to-equity ratio of 51.39. AirBoss of America Corp. has a 12 month low of C$14.96 and a 12 month high of C$47.00. The stock has a fifty day moving average price of C$24.18 and a 200-day moving average price of C$33.49.

AirBoss of America (TSE:BOSGet Rating) last released its quarterly earnings results on Wednesday, May 11th. The company reported C$0.43 EPS for the quarter, missing the consensus estimate of C$0.54 by C($0.11). The firm had revenue of C$183.01 million during the quarter, compared to analysts’ expectations of C$221.17 million. On average, equities research analysts forecast that AirBoss of America Corp. will post 2.5799999 EPS for the current year.

BOS has been the subject of a number of recent analyst reports. Canaccord Genuity Group dropped their price objective on AirBoss of America from C$51.00 to C$35.50 in a report on Friday, May 13th. National Bankshares assumed coverage on AirBoss of America in a report on Friday, June 10th. They issued a “buy” rating and a C$38.00 target price for the company. National Bank Financial reiterated an “outperform market weight” rating on shares of AirBoss of America in a report on Thursday, June 9th. TD Securities lowered their target price on AirBoss of America from C$51.00 to C$40.00 and set a “buy” rating for the company in a report on Friday, May 13th. Finally, CIBC lowered their target price on AirBoss of America from C$37.00 to C$32.00 in a report on Friday, June 3rd. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$42.50.

AirBoss of America Company Profile (Get Rating)

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.

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