TD Issues Positive Forecast for AirBoss of America (TSE:BOS) Stock Price

AirBoss of America (TSE:BOS) had its price target raised by TD from C$8.00 to C$9.00 in a research report sent to investors on Friday,BayStreet.CA reports. TD currently has a buy rating on the stock.

A number of other analysts have also issued reports on BOS. National Bank Financial raised their target price on shares of AirBoss of America from C$5.00 to C$7.00 and gave the stock a “sector perform” rating in a research report on Friday, March 6th. TD Securities raised their target price on shares of AirBoss of America from C$6.50 to C$8.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$8.00.

AirBoss of America Trading Up 7.8%

Shares of BOS opened at C$8.06 on Friday. The company has a debt-to-equity ratio of 71.16, a current ratio of 1.68 and a quick ratio of 1.07. The firm has a 50 day simple moving average of C$7.10 and a 200-day simple moving average of C$5.50. AirBoss of America has a 1-year low of C$3.87 and a 1-year high of C$10.08. The stock has a market cap of C$218.82 million, a price-to-earnings ratio of -25.19, a price-to-earnings-growth ratio of -550.53 and a beta of 0.84.

AirBoss of America (TSE:BOS) last issued its quarterly earnings data on Friday, March 20th. The company reported C$0.01 earnings per share for the quarter. AirBoss of America had a negative net margin of 1.53% and a negative return on equity of 5.18%. The business had revenue of C$139.50 million during the quarter. Equities analysts forecast that AirBoss of America will post 0.1012935 EPS for the current fiscal year.

About AirBoss of America

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.