AirBoss of America Corp. (TSE:BOS) Given Average Rating of “Hold” by Analysts

AirBoss of America Corp. (TSE:BOS) has been assigned a consensus rating of “Hold” from the five research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$5.75.

A number of research firms have recently issued reports on BOS. Pi Financial downgraded shares of AirBoss of America from a “buy” rating to a “neutral” rating in a report on Tuesday, February 27th. Cormark boosted their target price on shares of AirBoss of America from C$5.00 to C$5.25 in a report on Friday, March 8th. TD Securities boosted 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 report on Monday, March 11th. Finally, CIBC boosted 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.

AirBoss of America Price Performance

TSE BOS opened at C$5.32 on Friday. 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 12-month low of C$3.65 and a 12-month high of C$7.85. The company has a market capitalization of C$144.33 million, a PE ratio of -2.55, a price-to-earnings-growth ratio of -550.53 and a beta of 2.15. The firm’s 50 day moving average is C$5.42 and its 200-day moving average is C$4.70.

AirBoss of America (TSE:BOS) last posted its quarterly earnings data 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. AirBoss of America had a negative net margin of 9.80% and a negative return on equity of 24.14%. The company had revenue of C$126.21 million for the quarter, compared to the consensus estimate of C$125.42 million. Equities research analysts anticipate that AirBoss of America will post 0.6962677 earnings per share for the current fiscal year.

AirBoss of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a $0.07 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.28 annualized dividend and a dividend yield of 5.26%. AirBoss of America’s dividend payout ratio is currently -13.40%.

About AirBoss of America

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.