Andlauer Healthcare Group (TSE:AND) Hits New 52-Week High – Should You Buy?

Andlauer Healthcare Group Inc. (TSE:AND)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$44.36 and last traded at C$44.36, with a volume of 100 shares traded. The stock had previously closed at C$43.80.

Wall Street Analyst Weigh In

Several research analysts have issued reports on AND shares. Royal Bank of Canada lifted their target price on shares of Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a report on Friday, August 2nd. Scotiabank lowered their price objective on Andlauer Healthcare Group to C$43.00 in a research report on Thursday, October 10th. TD Securities increased their target price on Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Finally, Eight Capital decreased their price target on Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$48.29.

Andlauer Healthcare Group Stock Up 1.5 %

The company has a debt-to-equity ratio of 41.86, a current ratio of 1.35 and a quick ratio of 1.66. The company has a 50-day moving average price of C$39.52 and a 200 day moving average price of C$39.55. The firm has a market capitalization of C$831.03 million, a PE ratio of 28.82 and a beta of 0.66.

Andlauer Healthcare Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a dividend of $0.11 per share. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. This represents a $0.44 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Friday, September 27th. Andlauer Healthcare Group’s dividend payout ratio (DPR) is 26.32%.

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.