Stifel Canada Analysts Cut Earnings Estimates for TSE:AND

Andlauer Healthcare Group Inc. (TSE:AND - Free Report) - Investment analysts at Stifel Canada decreased their FY2024 earnings estimates for shares of Andlauer Healthcare Group in a research note issued to investors on Wednesday, November 6th. Stifel Canada analyst J. Keywood now anticipates that the company will post earnings per share of $1.60 for the year, down from their previous forecast of $1.71. The consensus estimate for Andlauer Healthcare Group's current full-year earnings is $1.93 per share.

Several other research analysts also recently weighed in on the company. TD Securities increased their price target on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the stock a "buy" rating in a research note on Thursday. Eight Capital dropped their price target on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a "buy" rating on the stock in a research note on Friday, August 2nd. Royal Bank of Canada raised their price objective on shares of Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the stock a "sector perform" rating in a report on Friday, August 2nd. Finally, Scotiabank raised their price target on Andlauer Healthcare Group from C$43.00 to C$44.00 in a report on Thursday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Andlauer Healthcare Group has a consensus rating of "Moderate Buy" and a consensus target price of C$48.57.

Andlauer Healthcare Group Stock Performance

TSE AND traded up C$0.04 on Monday, hitting C$43.04. 47,005 shares of the stock traded hands, compared to its average volume of 30,423. 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 business's fifty day moving average is C$39.70 and its two-hundred day moving average is C$39.56. Andlauer Healthcare Group has a 12 month low of C$36.43 and a 12 month high of C$44.92. The firm has a market capitalization of C$804.85 million, a price-to-earnings ratio of 28.29 and a beta of 0.66.

Andlauer Healthcare Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were paid a $0.11 dividend. This is a positive change from Andlauer Healthcare Group's previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend was Friday, September 27th. Andlauer Healthcare Group's dividend payout ratio is currently 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.