BOSTON OMAHA Corp (NASDAQ:BOMN) Given Average Recommendation of “Strong Buy” by Analysts
BOSTON OMAHA Corp (NASDAQ:BOMN) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a 1-year consensus price target of $33.00 for the company, according to Zacks. Zacks has also given BOSTON OMAHA an industry rank of 92 out of 256 based on the ratings given to its competitors.
Separately, BidaskClub lowered shares of BOSTON OMAHA from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 30th.
Shares of NASDAQ BOMN traded down $0.36 during midday trading on Friday, reaching $19.76. The company had a trading volume of 48,863 shares, compared to its average volume of 41,079. BOSTON OMAHA has a 1 year low of $19.54 and a 1 year high of $31.67. The business’s 50-day simple moving average is $21.89 and its 200 day simple moving average is $24.05. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 0.14.
BOSTON OMAHA (NASDAQ:BOMN) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $10.14 million during the quarter. BOSTON OMAHA had a negative return on equity of 3.66% and a negative net margin of 34.78%.
About BOSTON OMAHA
Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. The company is also involved in the surety insurance and related brokerage, and investment businesses. As of March 11, 2019, it operated approximately 2,900 billboards containing approximately 5,400 advertising faces of which 61 are digital displays.
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