TD Securities Increases AirBoss of America (TSE:BOS) Price Target to C$7.50

AirBoss of America (TSE:BOS) had its price target boosted by research analysts at TD Securities from C$7.00 to C$7.50 in a report released on Monday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 32.28% from the stock’s previous close.

Several other analysts have also issued reports on the stock. National Bankshares upped their price target on shares of AirBoss of America from C$6.00 to C$6.25 in a research report on Tuesday, April 23rd. Cormark lifted their price objective on AirBoss of America from C$5.00 to C$5.25 in a research report on Friday, March 8th. CIBC raised their target price on AirBoss of America from C$3.75 to C$4.75 and gave the company an “underperform” rating in a research note on Friday, March 8th. Finally, Pi Financial lowered shares of AirBoss of America from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of C$5.88.

AirBoss of America Stock Down 2.6 %

BOS stock opened at C$5.67 on Monday. 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 market cap of C$153.83 million, a price-to-earnings ratio of -2.71, a price-to-earnings-growth ratio of -550.53 and a beta of 2.15. The company has a current ratio of 2.51, a quick ratio of 1.07 and a debt-to-equity ratio of 88.07. The company’s 50 day moving average is C$5.55 and its 200 day moving average is C$4.86.

AirBoss of America (TSE:BOS) last issued its quarterly earnings results on Wednesday, March 6th. The company reported C($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 24.14% and a negative net margin of 9.80%. Sell-side analysts predict that AirBoss of America will post 0.6962677 EPS for the current fiscal year.

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.