Brokerages Set Andlauer Healthcare Group Inc. (TSE:AND) Price Target at C$49.43

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$49.43.

AND has been the subject of several analyst reports. CIBC decreased their price objective on Andlauer Healthcare Group from C$52.00 to C$50.00 and set an “outperform” rating for the company in a report on Monday, May 6th. Royal Bank of Canada dropped 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 note on Monday, May 6th. TD Securities decreased their target price 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, May 6th. National Bankshares upped their price target 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, Stifel Nicolaus decreased their price objective on shares of Andlauer Healthcare Group from C$55.00 to C$52.00 and set a “buy” rating for the company in a research report on Monday, May 6th.

Andlauer Healthcare Group Trading Up 0.4 %

TSE AND opened at C$38.98 on Friday. Andlauer Healthcare Group has a 52 week low of C$36.43 and a 52 week high of C$45.67. The company has a debt-to-equity ratio of 26.06, a quick ratio of 1.66 and a current ratio of 1.94. The stock’s 50 day moving average price is C$39.43 and its two-hundred day moving average price is C$40.43. The stock has a market capitalization of C$759.33 million, a price-to-earnings ratio of 25.33 and a beta of 0.69.

Andlauer Healthcare Group (TSE:AND) last announced its earnings results on Thursday, May 2nd. The company reported C$0.35 EPS for the quarter, missing the consensus estimate of C$0.53 by C($0.18). The business had revenue of C$161.14 million for the quarter, compared to analyst estimates of C$168.50 million. Andlauer Healthcare Group had a return on equity of 13.82% and a net margin of 10.02%. As a group, analysts anticipate that Andlauer Healthcare Group will post 1.6396243 earnings per share for the current fiscal year.

Andlauer Healthcare Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a $0.10 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.40 dividend on an annualized basis and a yield of 1.03%. Andlauer Healthcare Group’s dividend payout ratio (DPR) is currently 23.84%.

Insider Buying and Selling at Andlauer Healthcare Group

In related news, Director Ronald Martin Skelton sold 1,500 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of C$40.87, for a total value of C$61,309.95. Insiders own 1.43% of the company’s stock.

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.