Andlauer Healthcare Group (TSE:AND) PT Lowered to C$46.00 at Scotiabank

Andlauer Healthcare Group (TSE:AND) had its target price decreased by Scotiabank from C$47.50 to C$46.00 in a report issued on Monday morning, BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

A number of other brokerages have also weighed in on AND. 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. National Bankshares increased their price objective on shares of Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the company a sector perform rating in a report on Thursday, March 7th. Stifel Nicolaus decreased their price target on shares of Andlauer Healthcare Group from C$55.00 to C$52.00 and set a buy rating on the stock in a research note on Monday. TD Securities cut 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 report on Monday. Finally, CIBC reduced their price target on shares of Andlauer Healthcare Group from C$52.00 to C$50.00 and set an outperform rating on the stock in a research report on Monday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of C$49.43.

Andlauer Healthcare Group Stock Performance

AND opened at C$40.51 on Monday. The company has a 50 day simple moving average of C$42.10 and a two-hundred day simple moving average of C$40.51. Andlauer Healthcare Group has a 1-year low of C$36.76 and a 1-year high of C$48.80. The firm has a market cap of C$789.13 million, a P/E ratio of 26.14 and a beta of 0.69. The company has a debt-to-equity ratio of 27.24, a current ratio of 2.52 and a quick ratio of 1.66.

Andlauer Healthcare Group (TSE:AND) last released 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). Andlauer Healthcare Group had a return on equity of 14.53% and a net margin of 10.21%. The business had revenue of C$169.07 million during the quarter, compared to analysts’ expectations of C$165.00 million. Equities analysts forecast that Andlauer Healthcare Group will post 1.8439434 earnings per share for the current fiscal year.

Andlauer Healthcare Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.40 dividend on an annualized basis and a yield of 0.99%. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. Andlauer Healthcare Group’s dividend 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.