AirBoss of America (TSE:BOS) Posts Earnings Results

AirBoss of America (TSE:BOS) posted its earnings results on Wednesday. The company reported C$0.07 earnings per share (EPS) for the quarter, FiscalAI reports. AirBoss of America had a negative return on equity of 5.06% and a negative net margin of 1.44%. The company had revenue of C$140.50 million for the quarter.

AirBoss of America Stock Up 6.1%

Shares of TSE:BOS opened at C$6.79 on Thursday. AirBoss of America has a fifty-two week low of C$3.87 and a fifty-two week high of C$10.08. The firm’s 50 day moving average price is C$6.99 and its 200 day moving average price is C$6.83. The stock has a market cap of C$184.49 million, a price-to-earnings ratio of -29.52, a price-to-earnings-growth ratio of -550.53 and a beta of 0.66. The company has a quick ratio of 1.07, a current ratio of 1.72 and a debt-to-equity ratio of 73.78.

Analysts Set New Price Targets

BOS has been the topic of several recent research reports. TD upped their price target on shares of AirBoss of America from C$10.00 to C$11.00 and gave the company a “buy” rating in a report on Friday, August 7th. National Bank Financial boosted their price target on shares of AirBoss of America from C$7.00 to C$8.00 and gave the stock a “sector perform” rating in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, AirBoss of America has an average rating of “Moderate Buy” and a consensus target price of C$9.00.

AirBoss of America Company Profile

AirBoss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber and polymer compounds and finished products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through two divisions. AirBoss Rubber Solutions is a North American custom rubber compounder with 500 million turn pounds of annual capacity. AirBoss Manufactured Products is a supplier of anti-vibration and rubber-molded solutions to the North American automotive market and other sectors, and also a global supplier of personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities, through its AirBoss Defense operations.