AirBoss of America (TSE:BOS) PT Raised to C$6.25

AirBoss of America (TSE:BOS) had its target price increased by analysts at National Bankshares from C$6.00 to C$6.25 in a report released on Tuesday, BayStreet.CA reports. National Bankshares’ target price would indicate a potential upside of 9.84% from the stock’s previous close.

Several other equities analysts have also recently weighed in on 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. Pi Financial downgraded shares of AirBoss of America from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 27th. CIBC lifted their price objective on shares of AirBoss of America from C$3.75 to C$4.75 and gave the company an “underperform” rating in a research note on Friday, March 8th. Finally, TD Securities boosted their price target 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. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, AirBoss of America has a consensus rating of “Hold” and an average target price of C$5.79.

AirBoss of America Stock Performance

Shares of AirBoss of America stock traded down C$0.01 on Tuesday, reaching C$5.69. 8,015 shares of the company traded hands, compared to its average volume of 29,169. 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 debt-to-equity ratio of 88.07, a current ratio of 2.51 and a quick ratio of 1.07. The firm has a market capitalization of C$154.37 million, a PE ratio of -2.72, a PEG ratio of -550.53 and a beta of 2.15. The company has a 50 day moving average of C$5.44 and a 200 day moving average of C$4.73.

AirBoss of America (TSE:BOS) last announced its quarterly earnings results on Wednesday, March 6th. The company reported C($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of C$125.42 million. Equities analysts forecast that AirBoss of America will post 0.6962677 earnings per share for the current year.

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.