Andersen Group (NYSE:ANDG) Stock Price Expected to Rise, Truist Financial Analyst Says

Key Points

• Truist Financial raised Andersen Group’s price target to $55 from $42 and maintained a “buy” rating, implying roughly 9.5% upside from the prior close. Analysts overall rate the stock “Moderate Buy,” with a consensus target of $43.33.
• Andersen reported record quarterly revenue of $217.66 million and an adjusted EPS loss of $0.09, beating the expected $0.16 loss. Management reaffirmed its 2026 revenue guidance of $980 million to $1 billion and adjusted EBITDA margin target of 22% to 23%.
• Shares opened at $50.23 after reaching a one-year high of $50.76, but the stock trades at a lofty P/E ratio of about 295 and has a debt-to-equity ratio of 9.72, leaving limited room for execution setbacks or slower acquisition-driven growth.

Andersen Group (NYSE:ANDG - Get Free Report) had its price target raised by Truist Financial from $42.00 to $55.00 in a report released on Thursday,Benzinga reports. The firm presently has a "buy" rating on the stock. Truist Financial's target price would suggest a potential upside of 9.50% from the company's previous close.

A number of other brokerages have also recently commented on ANDG. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $41.00 target price on shares of Andersen Group in a report on Wednesday, May 13th. Robert W. Baird lifted their price objective on shares of Andersen Group from $42.00 to $44.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 13th. Morgan Stanley increased their target price on shares of Andersen Group from $24.00 to $27.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 13th. Weiss Ratings raised Andersen Group from a "sell (e)" rating to a "sell (e+)" rating in a research report on Monday, June 1st. Finally, UBS Group boosted their price objective on shares of Andersen Group from $34.00 to $42.00 and gave the stock a "buy" rating in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $43.33.

Andersen Group Stock Performance

Shares of ANDG stock opened at $50.23 on Thursday. The company has a debt-to-equity ratio of 9.72, a quick ratio of 2.36 and a current ratio of 2.36. The firm has a market cap of $5.67 billion and a P/E ratio of 295.47. The firm's 50 day moving average price is $41.47 and its 200-day moving average price is $33.14. Andersen Group has a one year low of $18.12 and a one year high of $50.76.

Andersen Group (NYSE:ANDG - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.07. The company had revenue of $217.66 million during the quarter. As a group, equities research analysts predict that Andersen Group will post 0.73 EPS for the current year.

Insider Transactions at Andersen Group

In related news, Director Robert V. Gunderson, Jr. bought 2,367 shares of the firm's stock in a transaction on Wednesday, May 20th. The stock was bought at an average cost of $35.82 per share, for a total transaction of $84,785.94. Following the completion of the purchase, the director directly owned 15,000 shares in the company, valued at approximately $537,300. The trade was a 18.74% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Durable Capital Partners Lp sold 336,736 shares of the stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $40.01, for a total value of $13,472,807.36. Following the completion of the sale, the insider directly owned 1,333,749 shares in the company, valued at $53,363,297.49. This represents a 20.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 13.00% of the stock is owned by corporate insiders.

Institutional Trading of Andersen Group

Hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in Andersen Group by 1.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 130,856 shares of the company's stock valued at $3,559,000 after buying an additional 1,267 shares during the period. Wells Fargo & Company MN acquired a new position in shares of Andersen Group in the fourth quarter worth $46,000. Bank of New York Mellon Corp grew its stake in Andersen Group by 47.0% in the first quarter. Bank of New York Mellon Corp now owns 18,636 shares of the company's stock valued at $507,000 after purchasing an additional 5,962 shares in the last quarter. PNC Financial Services Group Inc. bought a new stake in shares of Andersen Group in the 4th quarter valued at approximately $215,000. Finally, Barclays PLC acquired a new stake in Andersen Group in the fourth quarter valued at approximately $218,000.

Key Headlines Impacting Andersen Group

Here are the key news stories impacting Andersen Group this week:

• Positive Sentiment: Andersen reported record second-quarter revenue of $217.7 million, while its adjusted EPS loss of $0.09 was better than the consensus estimate of a $0.16 loss. The earnings beat supports the stock by suggesting operating performance is improving. Andersen Group Delivers Record Second-Quarter Revenue of $217.7 Million
• Positive Sentiment: Management reaffirmed its 2026 revenue outlook of $980 million to $1 billion and adjusted EBITDA margin guidance of 22% to 23%. Maintaining targets after the quarterly results provides investors with greater confidence in the growth plan. Andersen Reaffirms 2026 Guidance
• Positive Sentiment: The company is expanding through acquisitions, including firms in Mexico, the United States and the United Kingdom. The transactions could broaden Andersen’s geographic footprint, client base and future revenue opportunities. Andersen Expands Presence in the United Kingdom and United States
• Neutral Sentiment: The earnings call highlighted continued acquisition activity but indicated that inorganic revenue growth is slowing. This makes execution and organic growth increasingly important for achieving the 2026 targets. Andersen Group Q2 2026 Earnings Call Transcript
• Negative Sentiment: At approximately 295 times earnings, with a debt-to-equity ratio of 9.72, ANDG has limited room for execution disappointments. Any slowdown in acquisition-driven growth could increase valuation concerns despite the quarterly beat.

Andersen Group Company Profile

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.

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