Andlauer Healthcare Group (TSE:AND) Sets New 1-Year High - Still a Buy?

Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$44.36 and last traded at C$44.36, with a volume of 100 shares traded. The stock had previously closed at C$43.80.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AND shares. TD Securities upped their target price on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the stock a "buy" rating in a research report on Thursday. Scotiabank upped their target price on Andlauer Healthcare Group from C$43.00 to C$44.00 in a research report on Thursday. Eight Capital lowered their target price on Andlauer Healthcare Group from C$58.00 to C$51.00 and set a "buy" rating on the stock in a research report on Friday, August 2nd. Finally, Royal Bank of Canada upped their target price 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. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$48.57.

Andlauer Healthcare Group Trading Up 2.6 %

The firm has a 50 day simple moving average of C$39.52 and a 200 day simple moving average of C$39.55. The company has a debt-to-equity ratio of 41.86, a quick ratio of 1.66 and a current ratio of 1.35. The firm has a market cap of C$840.00 million, a P/E ratio of 29.41 and a beta of 0.66.

Andlauer Healthcare Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a $0.11 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.44 annualized dividend and a dividend yield of 0.98%. This is a boost from Andlauer Healthcare Group's previous quarterly dividend of $0.10. Andlauer Healthcare Group's dividend payout ratio (DPR) is presently 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.