Andlauer Healthcare Group Inc. (TSE:AND) Receives Average Rating of “Hold” from Analysts

Andlauer Healthcare Group Inc. (TSE:AND) has received a consensus recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$49.86.

Several research firms recently weighed in on AND. National Bank Financial restated a “sector perform market weight” rating on shares of Andlauer Healthcare Group in a research report on Thursday, November 16th. Royal Bank of Canada dropped their price objective on shares of Andlauer Healthcare Group from C$45.00 to C$41.00 and set a “sector perform” rating for the company in a research report on Monday, November 6th. TD Securities dropped their price objective on shares of Andlauer Healthcare Group from C$56.00 to C$51.00 and set a “buy” rating for the company in a research report on Monday, November 6th. National Bankshares set a C$46.00 price objective on shares of Andlauer Healthcare Group and gave the stock a “sector perform” rating in a research report on Friday. Finally, Scotiabank dropped their target price on shares of Andlauer Healthcare Group from C$48.00 to C$44.00 and set a “sector perform” rating for the company in a research report on Wednesday, September 27th.

Andlauer Healthcare Group Stock Performance

AND stock opened at C$38.81 on Thursday. The company has a debt-to-equity ratio of 27.33, a current ratio of 2.36 and a quick ratio of 1.66. The company has a 50 day moving average price of C$39.83 and a 200 day moving average price of C$42.47. Andlauer Healthcare Group has a fifty-two week low of C$36.76 and a fifty-two week high of C$53.00. The stock has a market capitalization of C$769.60 million, a PE ratio of 24.56 and a beta of 0.71.

Andlauer Healthcare Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were issued a $0.09 dividend. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.08. The ex-dividend date was Thursday, September 28th. This represents a $0.36 annualized dividend and a dividend yield of 0.93%. Andlauer Healthcare Group’s payout ratio is 20.25%.

Insider Activity

In other news, Director Ronald Martin Skelton sold 10,000 shares of the business’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of C$42.75, for a total value of C$427,455.00. In related news, Director Peter Jelley sold 20,000 shares of the company’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of C$38.70, for a total value of C$774,000.00. Also, Director Ronald Martin Skelton sold 10,000 shares of the company’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of C$42.75, for a total transaction of C$427,455.00. 1.38% of the stock is owned by company insiders.

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.