Andlauer Healthcare Group (TSE:AND) PT Lowered to C$41.00 at Royal Bank of Canada

Andlauer Healthcare Group (TSE:AND) had its price target lowered by Royal Bank of Canada from C$43.00 to C$41.00 in a research report released on Monday, BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Several other brokerages also recently weighed in on AND. TD Securities dropped 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 report on Monday. 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. Eight Capital decreased their target price on 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. CIBC upped their price target 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. Finally, National Bankshares lifted their price objective on shares of Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the company a sector perform rating in a research report on Thursday, March 7th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of C$49.43.

Andlauer Healthcare Group Trading Down 2.4 %

TSE:AND opened at C$39.55 on Monday. The company has a 50 day simple moving average of C$42.10 and a two-hundred day simple moving average of C$40.51. The company has a market cap of C$770.43 million, a PE ratio of 25.52 and a beta of 0.69. The company has a current ratio of 2.52, a quick ratio of 1.66 and a debt-to-equity ratio of 27.24. Andlauer Healthcare Group has a 12 month low of C$36.76 and a 12 month high of C$48.80.

Andlauer Healthcare Group (TSE:AND) last announced its 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 business had revenue of C$169.07 million for the quarter, compared to analysts’ expectations of C$165.00 million. Andlauer Healthcare Group had a net margin of 10.21% and a return on equity of 14.53%. Research analysts forecast that Andlauer Healthcare Group will post 1.8439434 earnings per share for the current year.

Andlauer Healthcare Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a $0.10 dividend. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.40 dividend on an annualized basis and a yield of 1.01%. Andlauer Healthcare Group’s 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.