Andlauer Healthcare Group (TSE:AND) PT Lowered to C$50.00 at CIBC

Andlauer Healthcare Group (TSE:AND) had its target price trimmed by CIBC from C$52.00 to C$50.00 in a research report sent to investors on Monday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts also recently weighed in on the company. Stifel Nicolaus cut their price target on Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating on the stock in a research report on Monday. National Bankshares raised 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 report on Thursday, March 7th. Royal Bank of Canada decreased 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 report on Monday. Eight Capital dropped their price objective on shares of Andlauer Healthcare Group from C$62.00 to C$58.00 and set a buy rating on the stock in a research note on Thursday, March 7th. Finally, TD Securities decreased their target price on shares of Andlauer Healthcare Group from C$54.00 to C$52.00 and set a buy rating for the company in a research note on Monday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of Moderate Buy and an average target price of C$49.43.

Andlauer Healthcare Group Stock Down 1.8 %

Andlauer Healthcare Group stock opened at C$40.31 on Monday. Andlauer Healthcare Group has a fifty-two week low of C$36.76 and a fifty-two week high of C$48.80. The company has a market cap of C$785.24 million, a PE ratio of 26.01 and a beta of 0.69. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52. The business’s 50-day simple moving average is C$42.09 and its two-hundred day simple moving average is C$40.49.

Andlauer Healthcare Group (TSE:AND) last issued its quarterly earnings results on Tuesday, March 5th. The company reported C$0.44 earnings per share for the quarter, missing the consensus estimate of C$0.49 by C($0.05). The business had revenue of C$169.07 million during the quarter, compared to analyst estimates of C$165.00 million. Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. Equities analysts anticipate that Andlauer Healthcare Group will post 1.8439434 EPS for the current year.

Andlauer Healthcare Group Increases Dividend

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

Andlauer Healthcare Group Company Profile

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.