FY2024 Earnings Estimate for TSE:AND Issued By Stifel Canada

Andlauer Healthcare Group Inc. (TSE:AND) – Equities research analysts at Stifel Canada decreased their FY2024 earnings per share (EPS) estimates for shares of Andlauer Healthcare Group in a note issued to investors on Wednesday, November 6th. Stifel Canada analyst J. Keywood now expects that the company will earn $1.60 per share for the year, down from their previous forecast of $1.71. The consensus estimate for Andlauer Healthcare Group’s current full-year earnings is $1.93 per share.

Other research analysts have also recently issued reports about the company. Royal Bank of Canada raised their target price on 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. Eight Capital reduced their price objective on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Scotiabank upped their target price on shares of Andlauer Healthcare Group from C$43.00 to C$44.00 in a research note on Thursday. Finally, TD Securities increased their price target on shares of Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the stock a “buy” rating in a research report on Thursday. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$48.57.

Andlauer Healthcare Group Price Performance

Shares of TSE:AND opened at C$43.00 on Monday. The firm has a market capitalization of C$804.10 million, a PE ratio of 28.29 and a beta of 0.66. 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 has a 1-year low of C$36.43 and a 1-year high of C$44.92. The business’s 50 day moving average is C$39.70 and its 200-day moving average is C$39.57.

Andlauer Healthcare Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were given a $0.11 dividend. The ex-dividend date of this dividend was Friday, September 27th. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a yield of 1.02%. Andlauer Healthcare Group’s payout ratio is 26.32%.

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.