Andlauer Healthcare Group (TSE:AND) Price Target Lowered to C$45.00 at Scotiabank

Andlauer Healthcare Group (TSE:AND) had its price target trimmed by Scotiabank from C$46.00 to C$45.00 in a research note published on Friday, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Several other brokerages have also recently commented on AND. TD Securities reduced their price target on Andlauer Healthcare Group from C$54.00 to C$52.00 and set a buy rating for the company in a research report on Monday, May 6th. CIBC reduced their price target on Andlauer Healthcare Group from C$52.00 to C$50.00 and set an outperform rating for the company in a research report on Monday, May 6th. Stifel Nicolaus reduced their price target on 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, May 6th. Finally, Royal Bank of Canada reduced 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 report on Monday, May 6th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average price target of C$48.57.

Andlauer Healthcare Group Stock Down 0.7 %

AND stock opened at C$41.55 on Friday. The company has a debt-to-equity ratio of 26.06, a current ratio of 1.94 and a quick ratio of 1.66. The stock has a market capitalization of C$809.39 million, a P/E ratio of 27.52 and a beta of 0.69. The business has a 50-day moving average of C$39.06 and a 200-day moving average of C$40.30. Andlauer Healthcare Group has a fifty-two week low of C$36.43 and a fifty-two week high of C$44.76.

Andlauer Healthcare Group (TSE:AND) last posted its quarterly earnings data on Thursday, May 2nd. The company reported C$0.35 earnings per share for the quarter, missing the consensus estimate of C$0.53 by C($0.18). The firm had revenue of C$161.14 million for the quarter, compared to analyst estimates of C$168.50 million. Andlauer Healthcare Group had a return on equity of 13.82% and a net margin of 10.02%. On average, sell-side analysts anticipate that Andlauer Healthcare Group will post 1.6396243 earnings per share for the current fiscal year.

Andlauer Healthcare Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.40 annualized dividend and a yield of 0.96%. Andlauer Healthcare Group’s dividend payout ratio is 23.84%.

Insider Buying and Selling at Andlauer Healthcare Group

In other Andlauer Healthcare Group news, Director Ronald Martin Skelton sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of C$40.87, for a total value of C$61,309.95. Corporate insiders own 1.43% of the company’s stock.

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.