Brokerages Set Andlauer Healthcare Group Inc. (TSE:AND) Price Target at C$48.29

Shares of Andlauer Healthcare Group Inc. (TSE:AND - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the seven analysts that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$48.29.

Several analysts have issued reports on the company. Royal Bank of Canada boosted their target price on Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the company a "sector perform" rating in a research note on Friday, August 2nd. TD Securities boosted their price target on shares of Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the company a "buy" rating in a research report on Friday, August 2nd. Scotiabank reduced their target price on Andlauer Healthcare Group to C$43.00 in a report on Thursday, October 10th. Finally, Eight Capital cut their price objective on Andlauer Healthcare Group from C$58.00 to C$51.00 and set a "buy" rating for the company in a report on Friday, August 2nd.

Andlauer Healthcare Group Stock Performance

TSE AND traded down C$0.16 during trading hours on Thursday, reaching C$40.97. 7,855 shares of the company were exchanged, compared to its average volume of 30,608. The company has a quick ratio of 1.66, a current ratio of 1.35 and a debt-to-equity ratio of 41.86. The stock has a market capitalization of C$766.14 million, a P/E ratio of 27.06 and a beta of 0.66. Andlauer Healthcare Group has a 1 year low of C$36.43 and a 1 year high of C$44.12. The business's 50 day simple moving average is C$39.26 and its 200-day simple moving average is C$39.55.

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

Andlauer Healthcare Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were paid a $0.11 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.44 annualized dividend and a dividend yield of 1.07%. This is a boost from Andlauer Healthcare Group's previous quarterly dividend of $0.10. Andlauer Healthcare Group's payout ratio is currently 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.