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

Andlauer Healthcare Group Inc. (TSE:AND) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$50.93.

Several research analysts recently weighed in on the company. TD Securities upped their price target on Andlauer Healthcare Group from C$52.00 to C$54.00 and gave the company a “buy” rating in a research report on Thursday. CIBC increased their price target on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. Eight Capital lowered their price objective 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. National Bankshares increased their target price on shares of Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 7th. Finally, Scotiabank lifted their target price on shares of 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.

Andlauer Healthcare Group Trading Up 1.0 %

Shares of AND opened at C$42.06 on Friday. The business’s 50-day moving average price is C$41.60 and its 200 day moving average price is C$40.35. The company has a current ratio of 2.52, a quick ratio of 1.66 and a debt-to-equity ratio of 27.24. The stock has a market capitalization of C$819.33 million, a P/E ratio of 27.14 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.

Andlauer Healthcare Group (TSE:AND) last announced its earnings results on Tuesday, March 5th. The company reported C$0.44 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of C$165.00 million. Analysts expect that Andlauer Healthcare Group will post 1.8453564 earnings per share for the current year.

Andlauer Healthcare Group Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.95%. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. Andlauer Healthcare Group’s dividend payout ratio (DPR) is currently 23.23%.

About Andlauer Healthcare Group

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.