AirBoss of America (TSE:BOS) Hits New 12-Month High – Still a Buy?

Shares of AirBoss of America Corp. (TSE:BOS) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$9.07 and last traded at C$8.95, with a volume of 37297 shares traded. The stock had previously closed at C$8.23.

Analyst Ratings Changes

Several analysts have weighed in on BOS shares. TD Securities boosted their price target on AirBoss of America from C$6.50 to C$8.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. National Bank Financial lifted their target price on AirBoss of America from C$5.00 to C$7.00 and gave the stock a “sector perform” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$7.50.

AirBoss of America Price Performance

The stock has a market cap of C$226.69 million, a price-to-earnings ratio of -26.09, a price-to-earnings-growth ratio of -550.53 and a beta of 0.57. The stock’s 50 day moving average price is C$6.19 and its two-hundred day moving average price is C$5.20. The company has a quick ratio of 1.07, a current ratio of 1.64 and a debt-to-equity ratio of 72.38.

AirBoss of America (TSE:BOS) last posted its earnings results on Friday, March 20th. The company reported C$0.01 earnings per share (EPS) for the quarter. AirBoss of America had a negative net margin of 2.13% and a negative return on equity of 7.11%. The company had revenue of C$139.50 million during the quarter. Equities research analysts forecast that AirBoss of America Corp. will post 0.1012935 EPS for the current fiscal year.

AirBoss of America Company Profile

AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments: Rubber Solutions, Engineered Products, and AirBoss Defense Group. The Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts.