Andlauer Healthcare Group Inc. (TSE:AND) Receives C$50.64 Consensus Price Target from Brokerages

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$50.64.

Several research firms have weighed in on AND. Eight Capital lowered their target price on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. National Bankshares lifted their target price on Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the company a “sector perform” rating in a research note on Thursday, March 7th. Scotiabank lifted their target price on Andlauer Healthcare Group from C$45.00 to C$47.50 and gave the company a “sector perform” rating in a research note on Thursday, March 7th. Royal Bank of Canada lifted their target price on Andlauer Healthcare Group from C$41.00 to C$43.00 and gave the company a “sector perform” rating in a research note on Thursday, March 7th. Finally, CIBC lifted their target price on Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the company an “outperform” rating in a research note on Thursday, March 7th.

Andlauer Healthcare Group Trading Down 0.1 %

Shares of AND opened at C$42.08 on Friday. The business’s 50-day moving average price is C$41.51 and its 200 day moving average price is C$40.33. The stock has a market capitalization of C$819.72 million, a P/E ratio of 27.15 and a beta of 0.69. Andlauer Healthcare Group has a 1-year low of C$36.76 and a 1-year high of C$52.55. The company has a current ratio of 2.52, a quick ratio of 1.66 and a debt-to-equity ratio of 27.24.

Andlauer Healthcare Group (TSE:AND) last issued its quarterly earnings results on Tuesday, March 5th. The company reported C$0.44 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.49 by C($0.05). The company had revenue of C$169.07 million during the quarter, compared to analysts’ expectations of C$165.00 million. Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. Analysts expect that Andlauer Healthcare Group will post 1.8453564 earnings per share for the current year.

Andlauer Healthcare Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.10 dividend. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.40 annualized dividend and a dividend yield of 0.95%. Andlauer Healthcare Group’s payout ratio is presently 23.23%.

Andlauer Healthcare Group Company Profile

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.