AirBoss of America (TSE:BOS) Releases Quarterly Earnings Results

AirBoss of America (TSE:BOS) released its earnings results on Wednesday. The company reported C$0.07 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$140.50 million for the quarter. AirBoss of America had a negative net margin of 1.44% and a negative return on equity of 5.06%.

AirBoss of America Stock Performance

Shares of TSE BOS opened at C$6.37 on Friday. The company has a debt-to-equity ratio of 73.78, a quick ratio of 1.07 and a current ratio of 1.72. The company has a market cap of C$173.08 million, a P/E ratio of -27.70, a P/E/G ratio of -550.53 and a beta of 0.41. The firm’s fifty day moving average is C$6.96 and its two-hundred day moving average is C$6.83. AirBoss of America has a 52-week low of C$3.87 and a 52-week high of C$10.08.

Analysts Set New Price Targets

A number of brokerages have issued reports on BOS. TD increased their price target on AirBoss of America from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. National Bank Financial upped their price objective on AirBoss of America from C$7.00 to C$8.00 and gave the stock a “sector perform” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, AirBoss of America presently has a consensus rating of “Moderate Buy” and an average target price of C$9.00.

AirBoss of America Company Profile

AirBoss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber and polymer compounds and finished products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through two divisions. AirBoss Rubber Solutions is a North American custom rubber compounder with 500 million turn pounds of annual capacity. AirBoss Manufactured Products is a supplier of anti-vibration and rubber-molded solutions to the North American automotive market and other sectors, and also a global supplier of personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities, through its AirBoss Defense operations.