Andlauer Healthcare Group (TSE:AND) PT Lowered to C$52.00

Andlauer Healthcare Group (TSE:AND) had its target price reduced by Stifel Nicolaus from C$55.00 to C$52.00 in a research report report published on Monday morning, BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the company. National Bankshares upped their price target on Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the company a sector perform rating in a research report on Thursday, March 7th. Scotiabank lifted their price target on shares of Andlauer Healthcare Group from C$45.00 to C$47.50 and gave the stock a sector perform rating in a research note on Thursday, March 7th. TD Securities dropped 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 report on Monday. Eight Capital reduced their price target on shares of Andlauer Healthcare Group from C$62.00 to C$58.00 and set a buy rating on the stock in a research report on Thursday, March 7th. Finally, CIBC lifted their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the company an outperform rating in a research report on Thursday, March 7th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of C$49.43.

Andlauer Healthcare Group Stock Performance

Shares of AND stock opened at C$40.51 on Monday. Andlauer Healthcare Group has a 52 week low of C$36.76 and a 52 week high of C$48.80. The firm’s 50-day simple moving average is C$42.10 and its two-hundred day simple moving average is C$40.51. The firm has a market cap of C$789.13 million, a price-to-earnings ratio of 26.14 and a beta of 0.69. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52.

Andlauer Healthcare Group (TSE:AND) last announced its quarterly earnings data on Tuesday, March 5th. The company reported C$0.44 earnings per share for the quarter, missing the consensus estimate of C$0.49 by C($0.05). The firm 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%. As a group, equities analysts forecast that Andlauer Healthcare Group will post 1.8439434 earnings per share for the current year.

Andlauer Healthcare Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a $0.10 dividend. This is an increase 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 dividend on an annualized basis and a yield of 0.99%. Andlauer Healthcare Group’s dividend payout ratio is currently 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.