Andlauer Healthcare Group Inc. (TSE:AND) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$48.29.

Several equities analysts have recently issued reports on the company. Scotiabank decreased their target price on Andlauer Healthcare Group to C$43.00 in a research report on Thursday. TD Securities raised their price objective on Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Eight Capital decreased their target price on Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Finally, Royal Bank of Canada raised their price target on Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research report on Friday, August 2nd.

Andlauer Healthcare Group Stock Performance

Andlauer Healthcare Group stock opened at C$38.56 on Friday. Andlauer Healthcare Group has a 1 year low of C$36.43 and a 1 year high of C$44.12. The company’s 50-day moving average is C$39.24 and its two-hundred day moving average is C$39.79. The company has a current ratio of 1.35, a quick ratio of 1.66 and a debt-to-equity ratio of 41.86. The company has a market cap of C$721.07 million, a PE ratio of 25.61 and a beta of 0.66.

Andlauer Healthcare Group (TSE:AND) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.42 by C($0.04). The business had revenue of C$161.45 million during the quarter, compared to the consensus estimate of C$165.00 million. Andlauer Healthcare Group had a net margin of 9.96% and a return on equity of 14.91%. Equities analysts anticipate that Andlauer Healthcare Group will post 1.9331337 earnings per share for the current year.

Andlauer Healthcare Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.14%. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. The ex-dividend date is Friday, September 27th. Andlauer Healthcare Group’s payout ratio is 26.32%.

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.