B.O.S. Better Online Solutions (NASDAQ:BOSC) Posts Earnings Results, Beats Expectations By $0.06 EPS

B.O.S. Better Online Solutions (NASDAQ:BOSC) released its quarterly earnings results on Thursday. The communications equipment provider reported $0.19 EPS for the quarter, topping the consensus estimate of $0.13 by $0.06, Zacks reports. B.O.S. Better Online Solutions had a return on equity of 13.85% and a net margin of 6.45%.

B.O.S. Better Online Solutions Price Performance

NASDAQ BOSC opened at $4.53 on Thursday. The company has a fifty day simple moving average of $4.40 and a 200 day simple moving average of $4.58. The company has a market cap of $31.94 million, a P/E ratio of 10.07 and a beta of 1.08. The company has a current ratio of 2.84, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03. B.O.S. Better Online Solutions has a 1 year low of $3.80 and a 1 year high of $6.72.

Institutional Trading of B.O.S. Better Online Solutions

Large investors have recently bought and sold shares of the stock. Bank of America Corp DE bought a new position in shares of B.O.S. Better Online Solutions in the third quarter valued at about $39,000. Royal Bank of Canada bought a new stake in B.O.S. Better Online Solutions during the 4th quarter worth approximately $49,000. HRT Financial LP bought a new stake in B.O.S. Better Online Solutions in the 4th quarter valued at $51,000. XTX Topco Ltd grew its holdings in shares of B.O.S. Better Online Solutions by 42.0% during the fourth quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock worth $98,000 after buying an additional 6,334 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of B.O.S. Better Online Solutions in the fourth quarter valued at approximately $125,000. 15.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on BOSC shares. Wall Street Zen downgraded shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings lowered shares of B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 2nd. Finally, Alliance Global Partners initiated coverage on shares of B.O.S. Better Online Solutions in a research report on Thursday, April 23rd. They set a “buy” rating and a $8.00 price target on the stock. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $8.00.

About B.O.S. Better Online Solutions

B.O.S. Better Online Solutions Ltd. provides intelligent robotics, radio frequency identification (RFID), and supply chain solutions for enterprises worldwide. The Intelligent Robotics Division provides custom-made machines for industrial automation and assembly of products and packing that offer technological solutions. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.