AirBoss of America Corp. Forecasted to Post Q1 2024 Earnings of ($0.05) Per Share (TSE:BOS)

AirBoss of America Corp. (TSE:BOS - Free Report) - National Bank Financial issued their Q1 2024 earnings per share (EPS) estimates for shares of AirBoss of America in a research note issued on Monday, April 22nd. National Bank Financial analyst A. Abdullah expects that the company will post earnings per share of ($0.05) for the quarter. The consensus estimate for AirBoss of America's current full-year earnings is $0.70 per share. National Bank Financial also issued estimates for AirBoss of America's Q2 2024 earnings at $0.00 EPS, Q3 2024 earnings at $0.00 EPS and Q4 2024 earnings at $0.07 EPS.

Other equities analysts have also recently issued reports about the stock. Cormark raised their target price on shares of AirBoss of America from C$5.00 to C$5.25 in a research note on Friday, March 8th. National Bankshares lifted their price objective on shares of AirBoss of America from C$6.00 to C$6.25 in a research report on Tuesday. CIBC lifted their price objective 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. 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, TD Securities boosted their price target on AirBoss of America from C$6.50 to C$7.00 and gave the company a "speculative buy" rating in a research note on Monday, March 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of C$5.79.

AirBoss of America Stock Up 3.1 %

Shares of TSE:BOS traded up C$0.17 during midday trading on Thursday, hitting C$5.64. The stock had a trading volume of 10,700 shares, compared to its average volume of 28,891. AirBoss of America has a 12 month low of C$3.65 and a 12 month high of C$7.85. The company has a quick ratio of 1.07, a current ratio of 2.51 and a debt-to-equity ratio of 88.07. The business's 50-day simple moving average is C$5.46 and its 200-day simple moving average is C$4.74. The company has a market cap of C$153.01 million, a P/E ratio of -2.70, a PEG ratio of -550.53 and a beta of 2.15.

AirBoss of America (TSE:BOS - Get Free Report) last released its quarterly earnings data on Wednesday, March 6th. The company reported C($0.14) EPS for the quarter, beating 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 company had revenue of C$126.21 million during the quarter, compared to the consensus estimate of C$125.42 million.

AirBoss of America Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 4.96%. The ex-dividend date of this dividend was Wednesday, March 27th. AirBoss of America's payout ratio is presently -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.