Andlauer Healthcare Group (TSE:AND) Price Target Lowered to C$50.00 at CIBC

Andlauer Healthcare Group (TSE:AND) had its price target reduced by CIBC from C$52.00 to C$50.00 in a research report sent to investors on Monday, BayStreet.CA reports. CIBC currently has an outperform rating on the stock.

AND has been the topic of several other reports. National Bankshares boosted 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. Stifel Nicolaus cut their target price on shares of Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating on the stock in a research note on Monday. TD Securities decreased their price target on shares of Andlauer Healthcare Group from C$54.00 to C$52.00 and set a buy rating for the company in a research note on Monday. Royal Bank of Canada cut their price objective on Andlauer Healthcare Group from C$43.00 to C$41.00 and set a sector perform rating on the stock in a research report on Monday. Finally, Eight Capital decreased their target price on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a buy rating for the company in a research report on Thursday, March 7th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Andlauer Healthcare Group presently has a consensus rating of Moderate Buy and a consensus target price of C$49.43.

Andlauer Healthcare Group Stock Performance

TSE:AND opened at C$40.31 on Monday. The firm has a market cap of C$785.24 million, a PE ratio of 26.01 and a beta of 0.69. Andlauer Healthcare Group has a fifty-two week low of C$36.76 and a fifty-two week high of C$48.80. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52. The business has a 50 day moving average price of C$42.09 and a 200-day moving average price of C$40.49.

Andlauer Healthcare Group (TSE:AND) last posted its 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). Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. The firm had revenue of C$169.07 million for the quarter, compared to analysts’ expectations of C$165.00 million. Equities research analysts predict that Andlauer Healthcare Group will post 1.8439434 earnings per share for the current year.

Andlauer Healthcare Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.99%. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. The ex-dividend date was Wednesday, March 27th. Andlauer Healthcare Group’s dividend payout ratio (DPR) 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.