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

Andlauer Healthcare Group (TSE:AND) had its price objective decreased by Stifel Nicolaus from C$55.00 to C$52.00 in a research report released on Monday morning, BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

A number of other research firms also recently weighed in on AND. Royal Bank of Canada cut their price target on shares of Andlauer Healthcare Group from C$43.00 to C$41.00 and set a sector perform rating on the stock in a research note on Monday. Eight Capital cut their target price on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a buy rating on the stock in a research report on Thursday, March 7th. CIBC boosted their price target on Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the company an outperform rating in a research report on Thursday, March 7th. National Bankshares raised their price objective on Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the stock a sector perform rating in a report on Thursday, March 7th. Finally, TD Securities decreased their target price 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. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Andlauer Healthcare Group presently has a consensus rating of Moderate Buy and an average target price of C$49.43.

Andlauer Healthcare Group Stock Performance

Andlauer Healthcare Group stock opened at C$39.55 on Monday. The stock has a fifty day moving average price of C$42.10 and a 200 day moving average price of C$40.51. Andlauer Healthcare Group has a 52 week low of C$36.76 and a 52 week high of C$48.80. The firm has a market capitalization of C$770.43 million, a P/E ratio of 25.52 and a beta of 0.69. The company has a current ratio of 2.52, a quick ratio of 1.66 and a debt-to-equity ratio of 27.24.

Andlauer Healthcare Group (TSE:AND) last posted its quarterly earnings data on Tuesday, March 5th. The company reported C$0.44 EPS for the quarter, missing analysts’ consensus estimates of C$0.49 by C($0.05). Andlauer Healthcare Group had a net margin of 10.21% and a return on equity of 14.53%. The company had revenue of C$169.07 million for the quarter, compared to analyst estimates of C$165.00 million. Equities research analysts anticipate that Andlauer Healthcare Group will post 1.8439434 earnings per share for the current year.

Andlauer Healthcare Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a dividend of $0.10 per share. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. This represents a $0.40 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Wednesday, March 27th. Andlauer Healthcare Group’s dividend payout ratio (DPR) is presently 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.