AirBoss of America Corp. (TSE:BOS) Receives C$5.75 Consensus Target Price from Brokerages

AirBoss of America Corp. (TSE:BOS - Get Free Report) has been given a consensus rating of "Hold" by the five analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$5.75.

Several research firms have recently issued reports on BOS. CIBC lifted their price target on 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 note on Friday, March 8th. TD Securities raised their price target on shares of AirBoss of America from C$6.50 to C$7.00 and gave the company a "speculative buy" rating in a research report on Monday, March 11th. Finally, Pi Financial lowered shares of AirBoss of America from a "buy" rating to a "neutral" rating in a report on Tuesday, February 27th.

AirBoss of America Stock Up 1.9 %

AirBoss of America stock traded up C$0.10 during trading hours on Friday, hitting C$5.42. 5,705 shares of the stock traded hands, compared to its average volume of 29,233. AirBoss of America has a one year low of C$3.65 and a one year high of C$7.85. The firm's 50-day moving average price is C$5.42 and its two-hundred day moving average price is C$4.71. The company has a current ratio of 2.51, a quick ratio of 1.07 and a debt-to-equity ratio of 88.07. The company has a market cap of C$147.04 million, a PE ratio of -2.59, a PEG ratio of -550.53 and a beta of 2.15.

AirBoss of America (TSE:BOS - Get Free Report) last announced its earnings results on Wednesday, March 6th. The company reported C($0.14) EPS for the quarter, beating analysts' consensus estimates of C($0.23) by C$0.09. The firm had revenue of C$126.21 million for the quarter, compared to analysts' expectations of C$125.42 million. AirBoss of America had a negative net margin of 9.80% and a negative return on equity of 24.14%. On average, research analysts forecast that AirBoss of America will post 0.6962677 EPS for the current year.

AirBoss of America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 5.17%. The ex-dividend date of this dividend was Wednesday, March 27th. AirBoss of America's dividend payout ratio (DPR) is currently -13.40%.

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.