B.O.S. Better Online Solutions (NASDAQ:BOSC) Issues Earnings Results

B.O.S. Better Online Solutions (NASDAQ:BOSC) issued its quarterly earnings results on Thursday. The communications equipment provider reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03), Zacks reports. B.O.S. Better Online Solutions had a return on equity of 17.04% and a net margin of 7.14%.During the same period last year, the firm posted $0.22 EPS.

B.O.S. Better Online Solutions Stock Performance

Shares of BOSC stock opened at $4.68 on Thursday. B.O.S. Better Online Solutions has a 52-week low of $4.10 and a 52-week high of $6.72. The company has a quick ratio of 2.20, a current ratio of 2.70 and a debt-to-equity ratio of 0.03. The stock has a market cap of $32.97 million, a PE ratio of 8.35 and a beta of 1.16. The business has a 50-day simple moving average of $4.70 and a 200-day simple moving average of $4.72.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BOSC. Renaissance Technologies LLC boosted its position in B.O.S. Better Online Solutions by 13.7% in the 4th quarter. Renaissance Technologies LLC now owns 236,907 shares of the communications equipment provider’s stock worth $1,080,000 after purchasing an additional 28,540 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of B.O.S. Better Online Solutions by 65.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 64,431 shares of the communications equipment provider’s stock valued at $294,000 after purchasing an additional 25,589 shares in the last quarter. Militia Capital Partners LP acquired a new position in shares of B.O.S. Better Online Solutions in the 2nd quarter valued at $619,000. XTX Topco Ltd lifted its stake in shares of B.O.S. Better Online Solutions by 42.0% in the 4th quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock valued at $98,000 after purchasing an additional 6,334 shares during the period. Finally, Jane Street Group LLC purchased a new stake in B.O.S. Better Online Solutions during the fourth quarter worth $125,000. 15.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Alliance Global Partners assumed coverage on B.O.S. Better Online Solutions in a research note on Thursday, April 23rd. They issued a “buy” rating and a $8.00 price objective for the company. Wall Street Zen upgraded B.O.S. Better Online Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, Weiss Ratings upgraded shares of B.O.S. Better Online Solutions from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 1st. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, B.O.S. Better Online Solutions presently has an average rating of “Moderate Buy” and an average target price of $8.00.

About B.O.S. Better Online Solutions

B.O.S. Better Online Solutions Ltd. provides intelligent robotics, radio frequency identification (RFID), and supply chain solutions for enterprises worldwide. The Intelligent Robotics Division provides custom-made machines for industrial automation and assembly of products and packing that offer technological solutions. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.