Andlauer Healthcare Group (TSE:AND) Price Target Raised to C$54.00 at TD Securities

Andlauer Healthcare Group (TSE:AND) had its price target lifted by TD Securities from C$52.00 to C$54.00 in a research note issued to investors on Thursday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Several other analysts also recently commented on AND. National Bankshares raised their price objective 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. Scotiabank raised their price objective on Andlauer Healthcare Group from C$45.00 to C$47.50 and gave the stock a sector perform rating in a research note on Thursday, March 7th. Eight Capital dropped their price objective on 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. CIBC raised their price objective on Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the stock an outperform rating in a research note on Thursday, March 7th. Finally, Royal Bank of Canada raised their price objective on Andlauer Healthcare Group from C$41.00 to C$43.00 and gave the stock a sector perform rating in a research note on Thursday, March 7th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average target price of C$50.93.

Andlauer Healthcare Group Stock Performance

Shares of Andlauer Healthcare Group stock opened at C$42.06 on Thursday. The firm has a fifty day moving average of C$41.60 and a two-hundred day moving average of C$40.35. The stock has a market capitalization of C$819.33 million, a price-to-earnings ratio of 27.14 and a beta of 0.69. Andlauer Healthcare Group has a 52 week low of C$36.76 and a 52 week high of C$52.55. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52.

Andlauer Healthcare Group (TSE:AND) last issued its earnings results on Tuesday, March 5th. The company reported C$0.44 EPS for the quarter, missing the consensus estimate of C$0.49 by C($0.05). Andlauer Healthcare Group had a net margin of 10.21% and a return on equity of 14.53%. The business had revenue of C$169.07 million for the quarter, compared to the consensus estimate of C$165.00 million. As a group, equities research analysts predict that Andlauer Healthcare Group will post 1.8453564 EPS for the current year.

Andlauer Healthcare Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a $0.10 dividend. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. The ex-dividend date was Wednesday, March 27th. This represents a $0.40 annualized dividend and a dividend yield of 0.95%. Andlauer Healthcare Group’s dividend payout ratio (DPR) is currently 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.