National Bank Financial Weighs in on Andlauer Healthcare Group Inc.’s FY2023 Earnings (TSE:AND)

Andlauer Healthcare Group Inc. (TSE:AND) – Stock analysts at National Bank Financial issued their FY2023 EPS estimates for Andlauer Healthcare Group in a research note issued to investors on Wednesday, October 25th. National Bank Financial analyst C. Doerksen forecasts that the company will earn $1.62 per share for the year. The consensus estimate for Andlauer Healthcare Group’s current full-year earnings is $1.76 per share. National Bank Financial also issued estimates for Andlauer Healthcare Group’s FY2024 earnings at $1.77 EPS.

A number of other analysts have also recently weighed in on the stock. TD Securities dropped their target price on shares of Andlauer Healthcare Group from C$58.00 to C$56.00 and set a “buy” rating on the stock in a report on Thursday, August 3rd. Royal Bank of Canada dropped their target price 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 report on Thursday, August 3rd. Finally, Scotiabank dropped their price objective on shares of Andlauer Healthcare Group from C$48.00 to C$44.00 and set a “sector perform” rating on the stock in a report on Wednesday, September 27th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Andlauer Healthcare Group has an average rating of “Moderate Buy” and a consensus price target of C$52.63.

Andlauer Healthcare Group Stock Up 0.6 %

Shares of TSE:AND opened at C$37.30 on Monday. The stock has a market capitalization of C$748.98 million, a price-to-earnings ratio of 22.34 and a beta of 0.69. Andlauer Healthcare Group has a 1-year low of C$36.76 and a 1-year high of C$55.85. The company’s fifty day moving average is C$40.47 and its two-hundred day moving average is C$43.79. The company has a debt-to-equity ratio of 33.79, a quick ratio of 1.66 and a current ratio of 2.60.

Andlauer Healthcare Group (TSE:AND) last issued its earnings results on Tuesday, August 1st. The company reported C$0.37 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.44 by C($0.07). The business had revenue of C$157.36 million for the quarter, compared to analyst estimates of C$167.00 million. Andlauer Healthcare Group had a return on equity of 16.57% and a net margin of 10.89%.

Insider Buying and Selling

In related news, Director Ronald Martin Skelton sold 10,000 shares of the stock in a transaction dated Friday, September 15th. The shares were sold at an average price of C$42.75, for a total value of C$427,455.00. Corporate insiders own 1.38% of the company’s stock.

Andlauer Healthcare Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date was Thursday, September 28th. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.08. Andlauer Healthcare Group’s dividend payout ratio (DPR) is 19.16%.

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.