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

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

AirBoss of America Price Performance

BOS stock traded up C$0.39 during trading on Wednesday, reaching C$6.79. The company’s stock had a trading volume of 30,945 shares, compared to its average volume of 19,830. AirBoss of America has a 1 year low of C$3.87 and a 1 year high of C$10.08. The company has a quick ratio of 1.07, a current ratio of 1.72 and a debt-to-equity ratio of 73.78. The company has a market capitalization of C$184.49 million, a P/E ratio of -29.52, a price-to-earnings-growth ratio of -550.53 and a beta of 0.66. The company’s fifty day moving average is C$7.02 and its 200-day moving average is C$6.82.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on BOS shares. National Bank Financial increased their target price on shares of AirBoss of America from C$7.00 to C$8.00 and gave the stock a “sector perform” rating in a report on Monday, August 10th. TD raised their target price on shares of 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. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$9.00.

About AirBoss of America

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.