AirBoss of America Corp. (TSE:BOS) to Post Q4 2024 Earnings of $0.00 Per Share, National Bank Financial Forecasts

AirBoss of America Corp. (TSE:BOS - Free Report) - Analysts at National Bank Financial dropped their Q4 2024 earnings per share estimates for shares of AirBoss of America in a research note issued to investors on Wednesday, October 9th. National Bank Financial analyst A. Abdullah now anticipates that the company will earn $0.00 per share for the quarter, down from their prior estimate of $0.01. 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 FY2026 earnings at $0.26 EPS.

AirBoss of America (TSE:BOS - Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported C($0.14) earnings per share for the quarter, missing the consensus estimate of C($0.06) by C($0.08). The company had revenue of C$130.48 million for the quarter, compared to analysts' expectations of C$142.42 million. AirBoss of America had a negative net margin of 13.99% and a negative return on equity of 33.87%.

Several other research analysts have also issued reports on the company. TD Securities increased their target price on 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. National Bankshares cut their price objective on AirBoss of America from C$6.25 to C$5.75 and set a "sector perform" rating for the company in a report on Tuesday, July 16th. Finally, CIBC cut their price target on AirBoss of America from C$5.75 to C$4.00 in a report on Thursday, August 15th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. According to MarketBeat, AirBoss of America has a consensus rating of "Hold" and an average target price of C$5.75.

AirBoss of America Trading Up 1.6 %

TSE BOS traded up C$0.08 on Friday, hitting C$5.08. The company's stock had a trading volume of 2,094 shares, compared to its average volume of 23,062. AirBoss of America has a 52-week low of C$3.65 and a 52-week high of C$6.31. The firm has a market cap of C$137.82 million, a P/E ratio of -1.85, a PEG ratio of -550.53 and a beta of 2.05. The company's 50-day simple moving average is C$4.75 and its 200 day simple moving average is C$5.34. The company has a current ratio of 2.17, a quick ratio of 1.07 and a debt-to-equity ratio of 92.36.

AirBoss of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.035 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.76%. AirBoss of America's dividend payout ratio is -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.