Q3 2024 Earnings Estimate for AirBoss of America Corp. Issued By National Bank Financial (TSE:BOS)

AirBoss of America Corp. (TSE:BOS) – National Bank Financial raised their Q3 2024 earnings estimates for shares of AirBoss of America in a research report issued to clients and investors on Wednesday, August 14th. National Bank Financial analyst A. Abdullah now forecasts that the company will earn $0.03 per share for the quarter, up from their prior estimate of $0.01. The consensus estimate for AirBoss of America’s current full-year earnings is $0.52 per share. National Bank Financial also issued estimates for AirBoss of America’s FY2024 earnings at ($0.34) EPS, FY2025 earnings at $0.11 EPS and FY2026 earnings at $0.29 EPS.

BOS has been the topic of a number of other reports. Cormark increased their price target on AirBoss of America from C$5.25 to C$6.00 in a report on Friday, May 10th. CIBC cut their price target on AirBoss of America from C$5.75 to C$4.00 in a report on Thursday, August 15th. TD Securities cut their price target on AirBoss of America from C$7.50 to C$7.00 in a report on Thursday, August 15th. Finally, National Bankshares cut their price target on AirBoss of America from C$6.25 to C$5.75 and set a “sector perform” rating on the stock in a report on Tuesday, July 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, AirBoss of America has a consensus rating of “Hold” and an average price target of C$5.55.

AirBoss of America Stock Performance

TSE:BOS opened at C$4.01 on Monday. The company has a market capitalization of C$108.79 million, a PE ratio of -1.44, a P/E/G ratio of -550.53 and a beta of 2.03. The company has a 50 day simple moving average of C$5.29 and a two-hundred day simple moving average of C$5.45. The company has a debt-to-equity ratio of 92.36, a quick ratio of 1.07 and a current ratio of 2.17. AirBoss of America has a fifty-two week low of C$3.65 and a fifty-two week high of C$6.31.

Insider Activity at AirBoss of America

In other news, Director Peter Grenville Schoch acquired 10,000 shares of the business’s stock in a transaction on Tuesday, May 28th. The shares were purchased at an average cost of C$5.75 per share, with a total value of C$57,500.00. 34.90% of the stock is currently owned by insiders.

AirBoss of America Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend is Monday, September 30th. AirBoss of America’s payout ratio is currently -5.04%.

AirBoss of America Company Profile

AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various application in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries.