Q3 2024 EPS Estimates for AirBoss of America Corp. Discount of Cormark (TSE:BOS)

AirBoss of America Corp. (TSE:BOS – Free Report) – Equities research analysts at Cormark cut their Q3 2024 earnings estimates for shares of AirBoss of America in a note issued to investors on Thursday, August 15th. Cormark analyst D. Ocampo now expects that the company will earn ($0.08) per share for the quarter, down from their prior forecast of ($0.03). The consensus estimate for AirBoss of America’s current year earnings is $0.60 per share. Cormark also issued estimates for AirBoss of America’s Q4 2024 earnings at $0.00 EPS, FY2024 earnings at ($0.47) EPS, Q4 2025 earnings at $0.04 EPS and FY2025 earnings at $0.00 EPS. .10 USD EPS.

Several other analysts have also issued reports on the stock. National Bankshares cut their price target on shares of AirBoss of America from $6.25 to $5.75 and set a “sector perform” rating for the company in a research note on Tuesday, July 16th. TD Securities cut their price objective on shares of AirBoss of America from $7.50 to $7.00 in a report on Thursday. Finally, CIBC reduced their price objective on shares of AirBoss of America from $5.75 to $4.00 in a report on Thursday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. AirBoss of America currently has a consensus rating of “Hold” and an average price target of $5.55, based on data from MarketBeat.

Read our latest review of AirBoss of America

AirBoss of America Stock Performance

TSE BOS opened at $4.13 on Monday. AirBoss of America has a 1 year low of $3.65 and a 1 year high of $6.31. The company has a debt-to-equity ratio of 83.63, a current ratio of 2.26, and a quick ratio of 1.07. The firm has a market cap of $112.05 million, a price-to-earnings ratio of -1.68, a PEG ratio of -550.53 and a beta of 2.03. The company has a fifty day moving average price of $5.33 and a 200 day moving average price of $5.46.

Insider buying and selling

In other AirBoss of America news, Director Peter Grenville Schoch purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were purchased at an average price of $5.75 per share, for a total transaction of $57,500.00. 34.90% of shares are currently owned by corporate insiders.

AirBoss of America announces dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.035 per share. The ex-dividend date of this dividend is Monday, September 30. This represents a dividend of $0.14 on an annualized basis and a yield of 3.39%. AirBoss of America’s dividend payout ratio (DPR) is currently -5.69%.

About AirBoss of America

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

Further reading

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