Andlauer Healthcare Group (TSE:AND) PT Lowered to C$43.00 at Scotiabank

Andlauer Healthcare Group (TSE:AND - Free Report) had its price target trimmed by Scotiabank to C$43.00 in a report published on Thursday, Stock Target Advisor reports.

Several other research firms have also issued reports on AND. Royal Bank of Canada increased 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. TD Securities raised their price objective on shares of Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the stock a buy rating in a report on Friday, August 2nd. Finally, Eight Capital lowered their price target 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. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average price target of C$48.29.

Andlauer Healthcare Group Stock Performance

Shares of Andlauer Healthcare Group stock traded down C$0.04 during trading hours on Thursday, hitting C$38.56. 6,863 shares of the company were exchanged, compared to its average volume of 31,086. The company has a current ratio of 1.35, a quick ratio of 1.66 and a debt-to-equity ratio of 41.86. The stock has a market capitalization of C$721.07 million, a price-to-earnings ratio of 25.61 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 has a 50-day moving average of C$39.24 and a 200-day moving average of C$39.79.

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

Andlauer Healthcare Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th will be issued a dividend of $0.11 per share. The ex-dividend date is Friday, September 27th. This represents a $0.44 dividend on an annualized basis and a yield of 1.14%. This is a positive change from Andlauer Healthcare Group's previous quarterly dividend of $0.10. Andlauer Healthcare Group's dividend 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.