AirBoss of America Corp. (TSE:BOS) Expected to Earn Q4 2024 Earnings of $0.00 Per Share

AirBoss of America Corp. (TSE:BOS) – Research analysts at National Bank Financial cut their Q4 2024 earnings estimates for shares of AirBoss of America in a note issued to investors on Wednesday, October 9th. National Bank Financial analyst A. Abdullah now anticipates that the company will earn $0.00 per share for the quarter, down from their prior estimate of $0.01. The consensus estimate for AirBoss of America’s current full-year earnings is $0.10 per share. National Bank Financial also issued estimates for AirBoss of America’s FY2026 earnings at $0.26 EPS.

AirBoss of America (TSE:BOS) last posted 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). AirBoss of America had a negative return on equity of 33.87% and a negative net margin of 13.99%. The firm had revenue of C$130.48 million during the quarter, compared to the consensus estimate of C$142.42 million.

Several other research firms have also commented on BOS. CIBC cut their target price on shares of AirBoss of America from C$5.75 to C$4.00 in a research note on Thursday, August 15th. TD Securities raised their price objective on AirBoss of America from C$7.00 to C$8.00 and gave the stock a “buy” rating in a research note on Wednesday, September 11th. Finally, National Bankshares cut their target price on AirBoss of America from C$6.25 to C$5.75 and set a “sector perform” rating on the stock in a research report on Tuesday, July 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, AirBoss of America currently has a consensus rating of “Hold” and an average target price of C$5.75.

AirBoss of America Price Performance

Shares of AirBoss of America stock opened at C$5.00 on Friday. AirBoss of America has a 52 week low of C$3.65 and a 52 week high of C$6.31. The company has a current ratio of 2.17, a quick ratio of 1.07 and a debt-to-equity ratio of 92.36. The company’s 50-day moving average price is C$4.75 and its two-hundred day moving average price is C$5.35. The stock has a market cap of C$135.65 million, a PE ratio of -1.82, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05.

AirBoss of America Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Monday, September 30th. AirBoss of America’s payout ratio is -5.11%.

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.