Andlauer Healthcare Group (TSE:AND) Price Target Raised to C$54.00

Andlauer Healthcare Group (TSE:AND) had its target price hoisted by TD Securities from C$52.00 to C$54.00 in a report published on Thursday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

AND has been the subject of several other reports. Royal Bank of Canada upped their price objective on Andlauer Healthcare Group from C$41.00 to C$43.00 and gave the stock a sector perform rating in a research note on Thursday, March 7th. Eight Capital reduced their price objective on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a buy rating for the company in a research note on Thursday, March 7th. CIBC upped their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the stock an outperform rating in a research note on Thursday, March 7th. National Bankshares upped their price objective 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. Finally, Scotiabank upped their price objective on 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. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Andlauer Healthcare Group currently has a consensus rating of Moderate Buy and an average target price of C$50.93.

Andlauer Healthcare Group Price Performance

TSE AND opened at C$41.89 on Thursday. The business’s fifty day moving average price is C$41.65 and its 200-day moving average price is C$40.36. The stock has a market capitalization of C$816.02 million, a price-to-earnings ratio of 27.03 and a beta of 0.69. The company has a debt-to-equity ratio of 27.24, a current ratio of 2.52 and a quick ratio of 1.66. 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 released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of C$165.00 million. Andlauer Healthcare Group had a net margin of 10.21% and a return on equity of 14.53%. On average, equities analysts predict 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. Shareholders of record on Thursday, March 28th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date was Wednesday, March 27th. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. Andlauer Healthcare Group’s dividend payout ratio is presently 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.