AirBoss of America (TSE:BOS) PT Raised to C$7.50

AirBoss of America (TSE:BOS) had its price target hoisted by equities researchers at TD Securities from C$7.00 to C$7.50 in a research note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective would indicate a potential upside of 32.28% from the company’s previous close.

BOS has been the subject of several other research reports. CIBC increased their price target on shares of AirBoss of America from C$3.75 to C$4.75 and gave the stock an “underperform” rating in a research report on Friday, March 8th. Cormark upped their target price on shares of AirBoss of America from C$5.00 to C$5.25 in a research report on Friday, March 8th. Pi Financial cut shares of AirBoss of America from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 27th. Finally, National Bankshares increased their price objective on AirBoss of America from C$6.00 to C$6.25 in a research report on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of C$5.88.

AirBoss of America Trading Down 2.6 %

AirBoss of America stock opened at C$5.67 on Monday. AirBoss of America has a 12 month low of C$3.65 and a 12 month 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 business has a 50 day moving average price of C$5.55 and a two-hundred day moving average price of C$4.86. 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 (TSE:BOS) last issued 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. AirBoss of America had a negative return on equity of 24.14% and a negative net margin of 9.80%. The firm had revenue of C$126.21 million during the quarter, compared to analysts’ expectations of C$125.42 million. As a group, equities analysts forecast that AirBoss of America will post 0.6962677 EPS for the current year.

About AirBoss of America

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.