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

AirBoss of America Corp. (TSE:BOS) – Stock analysts at National Bank Financial reduced their Q3 2024 EPS estimates for AirBoss of America in a research report issued on Wednesday, October 9th. National Bank Financial analyst A. Abdullah now anticipates that the company will post earnings of ($0.03) per share for the quarter, down from their prior estimate of $0.03. The consensus estimate for AirBoss of America’s current full-year earnings is $0.10 per share. National Bank Financial also issued estimates for AirBoss of America’s FY2024 earnings at ($0.41) EPS.

AirBoss of America (TSE:BOS) last issued its earnings results on Tuesday, August 13th. The company reported C($0.14) EPS for the quarter, missing analysts’ consensus estimates of C($0.06) by C($0.08). The firm had revenue of C$130.48 million for the quarter, compared to analyst estimates of C$142.42 million. AirBoss of America had a negative return on equity of 33.87% and a negative net margin of 13.99%.

A number of other equities research analysts have also recently commented on BOS. CIBC reduced their target price on shares of AirBoss of America from C$5.75 to C$4.00 in a report on Thursday, August 15th. TD Securities upped their target price on shares of AirBoss of America from C$7.00 to C$8.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th. Finally, National Bankshares lowered their price target on shares of AirBoss of America from C$6.25 to C$5.75 and set a “sector perform” rating on the stock in a research report on Tuesday, July 16th.

AirBoss of America Price Performance

Shares of BOS opened at C$5.08 on Monday. AirBoss of America has a 1-year low of C$3.65 and a 1-year high of C$6.31. The stock has a market cap of C$137.82 million, a PE ratio of -1.85, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05. The company has a debt-to-equity ratio of 92.36, a current ratio of 2.17 and a quick ratio of 1.07. The firm has a fifty day moving average price of C$4.76 and a 200 day moving average price of C$5.33.

AirBoss of America Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.035 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.14 annualized dividend and a yield of 2.76%. AirBoss of America’s payout ratio is currently -5.11%.

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.