Boston Omaha (NYSE:BOC – Get Free Report) posted its earnings results on Friday. The company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02), Zacks reports. Boston Omaha had a negative return on equity of 2.49% and a negative net margin of 12.12%. The firm had revenue of $22.18 million for the quarter, compared to analyst estimates of $30.00 million.
Boston Omaha Stock Up 0.1%
Shares of NYSE BOC traded up $0.01 during mid-day trading on Friday, reaching $13.72. The company had a trading volume of 69,742 shares, compared to its average volume of 130,668. The firm has a 50 day simple moving average of $13.23 and a two-hundred day simple moving average of $13.05. Boston Omaha has a 52-week low of $10.52 and a 52-week high of $15.22. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.09. The stock has a market cap of $413.29 million, a P/E ratio of -32.66 and a beta of 0.77.
Wall Street Analysts Forecast Growth
BOC has been the subject of several analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Boston Omaha in a research report on Tuesday. Wall Street Zen downgraded Boston Omaha from a “hold” rating to a “sell” rating in a report on Saturday. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Boston Omaha has an average rating of “Sell”.
Boston Omaha Company Profile
Boston Omaha Corporation is a diversified holding company whose businesses operate in outdoor advertising, broadband services, insurance and asset management, and real estate. The company acquires and develops businesses with a long-term investment approach. Its subsidiaries include Link Media Outdoor, which owns and operates billboard displays, and Boston Omaha Broadband, which provides internet services in select markets. Through its insurance-related businesses, including General Indemnity Group, the company participates in insurance underwriting and related services.
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