Andlauer Healthcare Group (TSE:AND) PT Lowered to C$46.00

Andlauer Healthcare Group (TSE:AND) had its target price cut by Scotiabank from C$47.50 to C$46.00 in a report published on Monday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other equities analysts have also weighed in on AND. National Bankshares increased their target price on Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the stock a sector perform rating in a research note on Thursday, March 7th. Royal Bank of Canada cut their price target on Andlauer Healthcare Group from C$43.00 to C$41.00 and set a sector perform rating for the company in a research note on Monday. TD Securities lowered their price objective on Andlauer Healthcare Group from C$54.00 to C$52.00 and set a buy rating on the stock in a research note on Monday. Eight Capital reduced their target price on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a buy rating on the stock in a report on Thursday, March 7th. Finally, Stifel Nicolaus dropped their target price on shares of Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating for the company in a research report on Monday. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of Moderate Buy and an average target price of C$49.43.

Andlauer Healthcare Group Price Performance

TSE:AND opened at C$40.31 on Monday. The stock has a market capitalization of C$785.24 million, a PE ratio of 26.01 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$48.80. The firm has a fifty day simple moving average of C$42.09 and a 200 day simple moving average of C$40.49. The company has a current ratio of 2.52, a quick ratio of 1.66 and a debt-to-equity ratio of 27.24.

Andlauer Healthcare Group (TSE:AND) last announced its quarterly earnings data on Tuesday, March 5th. The company reported C$0.44 EPS for the quarter, missing analysts’ consensus estimates of C$0.49 by C($0.05). The firm had revenue of C$169.07 million during the quarter, compared to the consensus estimate of C$165.00 million. Andlauer Healthcare Group had a net margin of 10.21% and a return on equity of 14.53%. On average, research analysts expect that Andlauer Healthcare Group will post 1.8439434 EPS for the current fiscal year.

Andlauer Healthcare Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.99%. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, March 27th. Andlauer Healthcare Group’s dividend payout ratio (DPR) is presently 23.23%.

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.