AirBoss of America Corp. (TSE:BOS) Receives Consensus Rating of “Hold” from Analysts

AirBoss of America Corp. (TSE:BOS) has earned an average recommendation of “Hold” from the five analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$5.75.

BOS has been the topic of a number of research reports. 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. Pi Financial downgraded shares of AirBoss of America from a “buy” rating to a “neutral” rating in a report on Tuesday, February 27th. 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 Stock Down 0.9 %

BOS stock opened at C$5.32 on Friday. AirBoss of America has a 52 week low of C$3.65 and a 52 week high of C$7.85. The company has a market capitalization of C$144.33 million, a price-to-earnings 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 two-hundred day moving average is C$4.70. The company has a current ratio of 2.51, a quick ratio of 1.07 and a debt-to-equity ratio of 88.07.

AirBoss of America (TSE:BOS) last released its quarterly earnings results on Wednesday, March 6th. The company reported C($0.14) EPS for the quarter, topping 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. On average, analysts forecast that AirBoss of America will post 0.6962677 earnings per share for the current fiscal 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 given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 5.26%. The ex-dividend date of this dividend was Wednesday, March 27th. 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.