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

AirBoss of America (TSE:BOS) had its target price lifted by investment analysts at National Bankshares from C$6.00 to C$6.25 in a research note issued on Tuesday, BayStreet.CA reports. National Bankshares’ price objective would indicate a potential upside of 14.26% from the stock’s current price.

A number of other equities research analysts have also commented on the stock. Pi Financial lowered shares of AirBoss of America from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 27th. Cormark upped their price target on shares of AirBoss of America from C$5.00 to C$5.25 in a research report on Friday, March 8th. TD Securities lifted their price objective on AirBoss of America from C$6.50 to C$7.00 and gave the stock a “speculative buy” rating in a research report on Monday, March 11th. Finally, CIBC upped their target price on AirBoss of America from C$3.75 to C$4.75 and gave the company an “underperform” rating in a research report on Friday, March 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of C$5.79.

AirBoss of America Stock Down 3.7 %

Shares of TSE:BOS opened at C$5.47 on Tuesday. The business has a fifty day simple moving average of C$5.45 and a 200 day simple moving average of C$4.74. AirBoss of America has a 12-month low of C$3.65 and a 12-month high of C$7.85. The firm has a market cap of C$148.40 million, a P/E ratio of -2.62, a P/E/G ratio of -550.53 and a beta of 2.15. 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 quarterly earnings data on Wednesday, March 6th. The company reported C($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. Analysts predict that AirBoss of America will post 0.6962677 earnings per share 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.