Stifel Nicolaus Trims Andlauer Healthcare Group (TSE:AND) Target Price to C$52.00

Andlauer Healthcare Group (TSE:AND) had its target price lowered by Stifel Nicolaus from C$55.00 to C$52.00 in a research note issued to investors on Monday, BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

Several other research firms have also commented on AND. Royal Bank of Canada decreased their price target on shares of 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. Scotiabank lifted their price objective on shares of 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 cut 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 report on Thursday, March 7th. TD Securities decreased their price objective on Andlauer Healthcare Group from C$54.00 to C$52.00 and set a buy rating for the company in a report on Monday. Finally, CIBC increased their price target on Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the stock an outperform rating in a research report on Thursday, March 7th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Andlauer Healthcare Group presently has a consensus rating of Moderate Buy and a consensus target price of C$49.43.

Andlauer Healthcare Group Price Performance

Shares of Andlauer Healthcare Group stock opened at C$40.51 on Monday. Andlauer Healthcare Group has a 12 month low of C$36.76 and a 12 month high of C$48.80. The company has a current ratio of 2.52, a quick ratio of 1.66 and a debt-to-equity ratio of 27.24. The stock has a 50 day moving average of C$42.10 and a 200 day moving average of C$40.51. The firm has a market cap of C$789.13 million, a PE ratio of 26.14 and a beta of 0.69.

Andlauer Healthcare Group (TSE:AND) last announced its earnings results on Tuesday, March 5th. The company reported C$0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.49 by C($0.05). The business had revenue of C$169.07 million for the quarter, compared to analysts’ expectations 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 firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date 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 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.