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

AirBoss of America (TSE:BOS) had its target price hoisted by National Bankshares from C$6.00 to C$6.25 in a research note issued to investors on Tuesday morning, BayStreet.CA reports.

Other equities analysts also recently issued research reports about the company. 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. TD Securities lifted their price objective on AirBoss of America from C$6.50 to C$7.00 and gave the company a speculative buy rating in a research report on Monday, March 11th. Pi Financial downgraded AirBoss of America from a buy rating to a neutral rating in a research report on Tuesday, February 27th. Finally, CIBC lifted their price objective on AirBoss of America from C$3.75 to C$4.75 and gave the company an underperform rating in a research report on Friday, March 8th. 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. According to data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus price target of C$5.79.

AirBoss of America Stock Performance

BOS opened at C$5.54 on Tuesday. The firm has a market capitalization of C$150.30 million, a P/E ratio of -2.65, a price-to-earnings-growth ratio of -550.53 and a beta of 2.15. The stock’s 50 day moving average price is C$5.47 and its two-hundred day moving average price is C$4.75. 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.

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 the consensus estimate of C($0.23) by C$0.09. The business had revenue of C$126.21 million during 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%. On average, equities analysts forecast that AirBoss of America will post 0.6962677 earnings per share for the current year.

AirBoss of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.28 annualized dividend and a dividend yield of 5.05%. AirBoss of America’s dividend payout ratio (DPR) 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.