AirBoss of America (TSE:BOS) Price Target Cut to C$4.00 by Analysts at CIBC

AirBoss of America (TSE:BOS) had its price objective reduced by CIBC from C$5.00 to C$4.00 in a research note published on Friday,BayStreet.CA reports.

A number of other equities analysts also recently weighed in on BOS. TD Securities upped their price target on AirBoss of America from C$7.00 to C$8.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th. National Bankshares dropped their price target on AirBoss of America from C$6.25 to C$5.75 and set a “sector perform” rating for the company in a research note on Tuesday, July 16th.

AirBoss of America Trading Down 2.2 %

Shares of TSE:BOS opened at C$4.05 on Friday. The company has a market cap of C$109.88 million, a P/E ratio of -1.48, a P/E/G ratio of -550.53 and a beta of 2.05. The stock’s 50-day moving average is C$4.85 and its 200-day moving average is C$5.20. The company has a debt-to-equity ratio of 92.36, a quick ratio of 1.07 and a current ratio of 2.17. AirBoss of America has a 52-week low of C$3.65 and a 52-week high of C$6.31.

AirBoss of America (TSE:BOS) last released its quarterly earnings data on Tuesday, August 13th. The company reported C($0.14) EPS for the quarter, missing analysts’ consensus estimates of C($0.06) by C($0.08). The business had revenue of C$130.48 million for the quarter, compared to the consensus estimate of C$142.42 million. AirBoss of America had a negative return on equity of 33.87% and a negative net margin of 13.99%. Equities research analysts predict that AirBoss of America will post 0.1012935 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.