National Bank Financial Weighs in on TSE:AND FY2024 Earnings

Andlauer Healthcare Group Inc. (TSE:AND - Free Report) - Investment analysts at National Bank Financial lifted their FY2024 earnings per share estimates for Andlauer Healthcare Group in a research note issued to investors on Wednesday, November 6th. National Bank Financial analyst C. Doerksen now anticipates that the company will earn $1.60 per share for the year, up from their previous forecast of $1.59. The consensus estimate for Andlauer Healthcare Group's current full-year earnings is $1.93 per share.

AND has been the topic of a number of other research reports. Eight Capital decreased their target price 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. Royal Bank of Canada lifted their price objective on 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. Scotiabank increased their target price on Andlauer Healthcare Group from C$43.00 to C$44.00 in a report on Thursday. Finally, TD Securities lifted 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. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Andlauer Healthcare Group has an average rating of "Moderate Buy" and a consensus price target of C$48.57.

Andlauer Healthcare Group Trading Up 0.1 %

Shares of AND traded up C$0.04 during mid-day trading on Monday, reaching C$43.04. The company's stock had a trading volume of 47,005 shares, compared to its average volume of 30,423. Andlauer Healthcare Group has a 52 week low of C$36.43 and a 52 week high of C$44.92. The stock has a market cap of C$804.85 million, a PE ratio of 28.29 and a beta of 0.66. The company's fifty day moving average price is C$39.70 and its two-hundred day moving average price is C$39.56. The company has a current ratio of 1.35, a quick ratio of 1.66 and a debt-to-equity ratio of 41.86.

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 given a dividend of $0.11 per share. This is a positive change from Andlauer Healthcare Group's previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.44 dividend on an annualized basis and a yield of 1.02%. Andlauer Healthcare Group's dividend payout ratio is presently 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.