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

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

Other analysts have also recently issued research reports about the stock. CIBC boosted their price objective on shares of 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. Royal Bank of Canada boosted their price objective on shares of 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. National Bankshares boosted their price objective on shares of 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 boosted 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. Finally, Eight Capital reduced 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. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Andlauer Healthcare Group has an average rating of Moderate Buy and a consensus target price of C$50.93.

Andlauer Healthcare Group Stock Performance

TSE AND opened at C$42.06 on Thursday. The firm’s fifty day moving average price is C$41.60 and its two-hundred day moving average price is C$40.35. The stock has a market cap of C$819.33 million, a PE ratio of 27.14 and a beta of 0.69. Andlauer Healthcare Group has a fifty-two week low of C$36.76 and a fifty-two 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 posted its earnings results on Tuesday, March 5th. The company reported C$0.44 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.49 by C($0.05). The company had revenue of C$169.07 million for the quarter, compared to the consensus estimate of C$165.00 million. Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. On average, equities analysts expect that Andlauer Healthcare Group will post 1.8453564 EPS for the current fiscal 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 given a dividend of $0.10 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.40 dividend on an annualized basis and a yield of 0.95%. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. Andlauer Healthcare Group’s dividend payout ratio is 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.