Andlauer Healthcare Group (TSE:AND) Price Target Cut to C$50.00

Andlauer Healthcare Group (TSE:AND) had its price objective reduced by CIBC from C$52.00 to C$50.00 in a research note published on Monday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other brokerages have also recently issued reports on AND. Royal Bank of Canada cut their target price on shares of Andlauer Healthcare Group from C$43.00 to C$41.00 and set a sector perform rating on the stock in a report on Monday. Stifel Nicolaus decreased their price objective on Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating for the company in a report on Monday. TD Securities lowered 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 report on Monday. Eight Capital lowered their target price 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 note on Thursday, March 7th. Finally, National Bankshares raised 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 report on Thursday, March 7th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of C$49.43.

Andlauer Healthcare Group Stock Down 0.2 %

Shares of TSE:AND opened at C$40.51 on Monday. Andlauer Healthcare Group has a one year low of C$36.76 and a one year high of C$48.80. The firm has a fifty day moving average price of C$42.10 and a two-hundred day moving average price of C$40.51. The company has a debt-to-equity ratio of 27.24, a current ratio of 2.52 and a quick ratio of 1.66. The company has a market cap of C$789.13 million, a price-to-earnings ratio of 26.14 and a beta of 0.69.

Andlauer Healthcare Group (TSE:AND) last issued its quarterly earnings results on Tuesday, March 5th. The company reported C$0.44 EPS for the quarter, missing analysts’ consensus estimates of C$0.49 by C($0.05). The company had revenue of C$169.07 million during the quarter, compared to the consensus estimate of C$165.00 million. Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. Analysts anticipate that Andlauer Healthcare Group will post 1.8439434 EPS for the current fiscal year.

Andlauer Healthcare Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend was Wednesday, March 27th. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. Andlauer Healthcare Group’s payout ratio is 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.