Boston Omaha (NYSE:BOC – Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02), Zacks reports. Boston Omaha had a negative net margin of 12.12% and a negative return on equity of 2.49%. The company had revenue of $22.18 million during the quarter, compared to the consensus estimate of $30.00 million.
Boston Omaha Stock Up 0.1%
BOC traded up $0.01 during trading hours on Friday, hitting $13.72. 69,742 shares of the company’s stock were exchanged, compared to its average volume of 130,668. The stock has a market cap of $413.29 million, a price-to-earnings ratio of -32.66 and a beta of 0.77. Boston Omaha has a 1-year low of $10.52 and a 1-year high of $15.22. The stock’s 50-day moving average is $13.23 and its two-hundred day moving average is $13.05. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.09.
Analyst Upgrades and Downgrades
Several research firms recently commented on BOC. Wall Street Zen cut shares of Boston Omaha from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reissued a “sell (d)” rating on shares of Boston Omaha in a research note on Tuesday. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Boston Omaha has an average rating of “Sell”.
About Boston Omaha
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.
Read More
- Five stocks we like better than Boston Omaha
- Intuitive Machines’ Business Is Taking Off—Will Its Stock Follow?
- The Next Big Thing May Not Be One Thing: Inside Lazard’s Megatrends ETF
- 3 Power and Grid Stocks That Could Keep Growing Even if AI Spending Slows
- Applied Materials Beats and Raises, But Investors Stay Unconvinced
Receive News & Ratings for Boston Omaha Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Omaha and related companies with MarketBeat.com's FREE daily email newsletter.
