Andlauer Healthcare Group Inc. (TSE:AND) Receives Average Rating of "Moderate Buy" from Brokerages

Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the seven brokerages that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$48.57.

AND has been the subject of several analyst reports. TD Securities upped their target price on shares of Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the company a "buy" rating in a research note on Friday, August 2nd. Royal Bank of Canada raised their price target on shares of 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. Scotiabank reduced their price target on shares of Andlauer Healthcare Group from C$46.00 to C$45.00 and set a "sector perform" rating on the stock in a research report on Friday, August 2nd. Finally, Eight Capital reduced 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 report on Friday, August 2nd.

Andlauer Healthcare Group Stock Down 2.4 %

Shares of AND stock traded down C$0.92 on Friday, hitting C$38.16. The stock had a trading volume of 38,110 shares, compared to its average volume of 31,511. The firm has a market capitalization of C$713.59 million, a price-to-earnings ratio of 25.11 and a beta of 0.66. The stock's 50 day moving average is C$39.39 and its 200-day moving average is C$39.90. The company has a debt-to-equity ratio of 41.86, a quick ratio of 1.66 and a current ratio of 1.35. Andlauer Healthcare Group has a 52-week low of C$36.43 and a 52-week high of C$44.12.

Andlauer Healthcare Group (TSE:AND - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported C$0.38 earnings per share for the quarter, missing the consensus estimate of C$0.42 by C($0.04). The firm had revenue of C$161.45 million during the quarter, compared to analysts' expectations of C$165.00 million. Andlauer Healthcare Group had a net margin of 9.96% and a return on equity of 14.91%. As a group, research analysts expect that Andlauer Healthcare Group will post 1.9331337 earnings per share for the current year.

Andlauer Healthcare Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, September 27th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Friday, September 27th. This is a boost from Andlauer Healthcare Group's previous quarterly dividend of $0.10. Andlauer Healthcare Group's dividend payout ratio (DPR) is 26.32%.

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.