AirBoss of America (TSE:BOS) Sets New 12-Month High – Time to Buy?

AirBoss of America Corp. (TSE:BOS)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$8.10 and last traded at C$8.07, with a volume of 11312 shares. The stock had previously closed at C$7.87.

Analysts Set New Price Targets

BOS has been the subject of several research reports. TD Securities boosted their price target on AirBoss of America from C$6.50 to C$8.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. National Bank Financial raised their price objective on AirBoss of America from C$5.00 to C$7.00 and gave the stock a “sector perform” rating in a research note on Friday, March 6th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$7.50.

AirBoss of America Trading Up 2.9%

The company has a quick ratio of 1.07, a current ratio of 1.64 and a debt-to-equity ratio of 72.38. The firm’s 50 day moving average is C$5.74 and its two-hundred day moving average is C$5.07. The stock has a market cap of C$219.91 million, a price-to-earnings ratio of -25.31, a price-to-earnings-growth ratio of -550.53 and a beta of 1.58.

AirBoss of America (TSE:BOS) last issued its earnings results on Friday, March 20th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$139.50 million during the quarter. AirBoss of America had a negative return on equity of 7.11% and a negative net margin of 2.09%. Equities analysts anticipate that AirBoss of America Corp. will post 0.1012935 EPS for the current 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.