Andlauer Healthcare Group Inc. (AND) to Issue Quarterly Dividend of $0.10 on July 15th

Andlauer Healthcare Group Inc. (TSE:AND) declared a quarterly dividend on Friday, June 14th, Zacks reports. Shareholders of record on Friday, June 28th will be given a dividend of 0.10 per share on Monday, July 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date is Friday, June 28th.

Andlauer Healthcare Group Stock Performance

Shares of Andlauer Healthcare Group stock traded down C$0.44 during trading on Wednesday, reaching C$38.06. The company’s stock had a trading volume of 20,441 shares, compared to its average volume of 33,482. The business’s 50-day moving average price is C$39.69 and its 200-day moving average price is C$40.48. The firm has a market cap of C$741.41 million, a PE ratio of 25.24 and a beta of 0.69. 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 quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 26.06.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on AND shares. Royal Bank of Canada dropped their price target on Andlauer Healthcare Group from C$43.00 to C$41.00 and set a “sector perform” rating for the company in a research note on Monday, May 6th. Stifel Nicolaus dropped their price target on Andlauer Healthcare Group from C$55.00 to C$52.00 and set a “buy” rating for the company in a research note on Monday, May 6th. TD Securities dropped their price target on 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. CIBC lowered their target price on Andlauer Healthcare Group from C$52.00 to C$50.00 and set an “outperform” rating for the company in a research note on Monday, May 6th. Finally, National Bankshares boosted their target price on Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 7th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$49.43.

Insider Transactions at Andlauer Healthcare Group

In other news, Director Ronald Martin Skelton sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of C$40.87, for a total transaction of C$61,309.95. 1.43% of the stock is owned by insiders.

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.