AirBoss of America Corp. (TSE:BOS) Receives C$12.75 Average Price Target from Analysts

Posted by on Aug 5th, 2023

Shares of AirBoss of America Corp. (TSE:BOS – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the five research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$12.75.

A number of analysts recently commented on the company. TD Securities reduced their price objective on AirBoss of America from C$10.50 to C$8.50 and set a “speculative buy” rating for the company in a research report on Tuesday. Canaccord Genuity Group lowered AirBoss of America from a “buy” rating to a “hold” rating and reduced their price target for the stock from C$15.00 to C$6.50 in a report on Friday, July 28th. Pi Financial downgraded AirBoss of America from a “buy” rating to a “neutral” rating in a report on Friday, July 28th. National Bankshares dropped their price target on AirBoss of America from C$12.00 to C$11.00 in a research report on Friday, July 28th. Finally, National Bank Financial reissued an “outperfrom under weight” rating on shares of AirBoss of America in a research report on Thursday, April 13th.

AirBoss of America Price Performance

TSE BOS opened at C$5.10 on Wednesday. The stock has a market capitalization of C$138.36 million, a PE ratio of -2.60, a price-to-earnings-growth ratio of -550.53 and a beta of 1.94. AirBoss of America has a 12-month low of C$4.50 and a 12-month high of C$16.50. The company has a 50 day moving average price of C$6.48 and a two-hundred day moving average price of C$7.62. The company has a quick ratio of 1.07, a current ratio of 2.44 and a debt-to-equity ratio of 70.62.

AirBoss of America (TSE:BOS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 9th. The company reported C$0.08 EPS for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.02). AirBoss of America had a negative return on equity of 18.22% and a negative net margin of 8.90%. The company had revenue of C$158.32 million during the quarter, compared to the consensus estimate of C$157.75 million. As a group, equities analysts predict that AirBoss of America will post 0.5418455 earnings per share for the current fiscal year.

AirBoss of America Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 7.84%. The ex-dividend date was Thursday, June 29th. AirBoss of America’s dividend payout ratio (DPR) is presently -20.41%.

AirBoss of America Company Profile

(Get Free Report

AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products in Canada, the United States, and internationally. It operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. The AirBoss Defense Group segment develops, manufactures, and sells healthcare protective equipment, personal respiratory protective products, rapid deployment negative pressure isolation shelters, and cold weather combat footwear, as well as chemical, biological, radioactive, and nuclear and explosive protective equipment for military, law enforcement, healthcare and industrial providers, and first responders.

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Analyst Recommendations for AirBoss of America (TSE:BOS)

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