Boston Omaha (NYSE:BOC – Get Free Report) announced its earnings results on Friday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.06), Zacks reports. Boston Omaha had a negative net margin of 6.56% and a negative return on equity of 1.08%. The company had revenue of $25.55 million during the quarter, compared to the consensus estimate of $25.50 million.
Boston Omaha Stock Performance
NYSE BOC opened at $13.80 on Monday. The company’s fifty day moving average is $15.57 and its two-hundred day moving average is $15.48. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.92 and a quick ratio of 2.56. The firm has a market capitalization of $432.63 million, a price-to-earnings ratio of -65.71 and a beta of 0.77. Boston Omaha has a 52-week low of $13.55 and a 52-week high of $21.58.
Analysts Set New Price Targets
Separately, TD Cowen decreased their target price on shares of Boston Omaha from $35.00 to $30.00 and set a “buy” rating for the company in a report on Tuesday, April 2nd.
Read Our Latest Stock Analysis on Boston Omaha
About Boston Omaha
Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. The company was formerly known as REO Plus, Inc and changed its name to Boston Omaha Corporation in March 2015.
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