Key Points
- Director Peter Grenville Schoch bought 5,000 shares of AirBoss of America at C$7.25 each, increasing his direct holdings to 85,000 shares. The transaction was valued at C$36,250 and represented a 6.25% increase in his ownership.
- Schoch also made a larger purchase the prior week, buying 20,000 shares on May 14 at an average price of C$7.46 per share. That trade totaled C$149,200, signaling continued insider buying.
- Analysts remain moderately upbeat on the stock, with a consensus rating of Moderate Buy and an average price target of C$8.00. TD Securities recently lifted its target to C$9.00 while maintaining a buy rating.
AirBoss of America Corp. (TSE:BOS - Get Free Report) Director Peter Grenville Schoch purchased 5,000 shares of the business's stock in a transaction dated Wednesday, May 20th. The shares were bought at an average price of C$7.25 per share, with a total value of C$36,250.00. Following the purchase, the director directly owned 85,000 shares of the company's stock, valued at approximately C$616,250. The trade was a 6.25% increase in their ownership of the stock.
Peter Grenville Schoch also recently made the following trade(s):
- On Thursday, May 14th, Peter Grenville Schoch purchased 20,000 shares of AirBoss of America stock. The shares were bought at an average cost of C$7.46 per share, with a total value of C$149,200.00.
AirBoss of America Stock Performance
TSE:BOS opened at C$7.06 on Friday. The company has a debt-to-equity ratio of 71.16, a current ratio of 1.68 and a quick ratio of 1.07. The firm has a market cap of C$191.80 million, a price-to-earnings ratio of -32.09, a price-to-earnings-growth ratio of -550.53 and a beta of 0.84. The firm's fifty day moving average price is C$7.34 and its 200 day moving average price is C$5.68. AirBoss of America Corp. has a 1-year low of C$3.87 and a 1-year high of C$10.08.
AirBoss of America (TSE:BOS - Get Free Report) last announced its quarterly earnings data on Friday, March 20th. The company reported C$0.01 EPS for the quarter. AirBoss of America had a negative net margin of 1.53% and a negative return on equity of 5.18%. The company had revenue of C$139.50 million during the quarter. On average, sell-side analysts expect that AirBoss of America Corp. will post 0.1012935 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages recently commented on BOS. TD Securities raised their price objective on shares of AirBoss of America from C$6.50 to C$8.00 and gave the company a "buy" rating in a research report on Wednesday, March 25th. TD increased their target price on AirBoss of America from C$8.00 to C$9.00 and gave the stock a "buy" rating in a research note on Friday, May 8th. Finally, National Bank Financial raised their price target on AirBoss of America from C$5.00 to C$7.00 and gave the company a "sector perform" rating in a report on Friday, March 6th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$8.00.
View Our Latest Stock Report on BOS
AirBoss of America Company Profile
(
Get Free Report)
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.
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