Andersen Group (NYSE:ANDG) Shares Gap Down - What's Next?

Key Points

• Andersen shares fell: The stock opened at $62.82 after closing at $65.42 and was last quoted at $63.38, down about 4.8%.
• Recent results and outlook were strong: Third-quarter revenue rose 18.7% year over year to $337.3 million, while reported EPS of $7.13 topped the $0.90 consensus. Management also forecast 2027 revenue of $1.275 billion–$1.325 billion and raised its 2026 adjusted EBITDA guidance.
• Analysts collectively rate ANDG a Moderate Buy, with a consensus price target of $58.86—below the quoted share price; several brokerages have recently raised their targets.

Andersen Group Inc. (NYSE:ANDG - Get Free Report)'s share price gapped down before the market opened on Friday. The stock had previously closed at $65.42, but opened at $62.82. Andersen Group shares last traded at $63.3840, with a volume of 282,706 shares traded.

Latest Andersen Group News

Investors following ANDG have been watching these news items:

• Positive Sentiment: Andersen reported third-quarter revenue of $337.3 million, up 18.7% year over year. It also reported EPS of $7.13, well above the $0.90 consensus, although the size of the beat may warrant investors checking the earnings materials for details. Andersen Group Reports Third Quarter Revenue Growth of 18.7% to $337.3 Million
• Positive Sentiment: The company’s 2027 revenue outlook of roughly $1.275 billion–$1.325 billion is above the cited FactSet estimate of $1.17 billion. Andersen also raised its 2026 adjusted EBITDA guidance to $255 million–$275 million, signaling management expects continued growth. Andersen projects 2027 revenue and raises 2026 EBITDA guidance
• Positive Sentiment: Robert W. Baird raised its price target to $71 from $64 and maintained an “outperform” rating, reflecting a more bullish analyst view. Baird raises Andersen price target

Analyst Ratings Changes

A number of brokerages recently weighed in on ANDG. Truist Financial lifted their price target on Andersen Group from $55.00 to $70.00 and gave the stock a "buy" rating in a research note on Friday, September 25th. Morgan Stanley upped their price objective on shares of Andersen Group from $27.00 to $54.00 and gave the company an "equal weight" rating in a research note on Thursday, August 13th. Deutsche Bank reiterated a "buy" rating and issued a $56.00 target price on shares of Andersen Group in a report on Friday, August 14th. Wells Fargo & Company boosted their price target on shares of Andersen Group from $49.00 to $61.00 and gave the company an "equal weight" rating in a report on Friday. Finally, Weiss Ratings upgraded shares of Andersen Group from a "sell (d-)" rating to a "sell (d+)" rating in a research report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $58.86.

Andersen Group Stock Down 4.8%

The business has a fifty day moving average price of $58.87 and a two-hundred day moving average price of $41.07. The firm has a market cap of $7.03 billion and a PE ratio of -117.46. The company has a debt-to-equity ratio of 7.82, a current ratio of 2.19 and a quick ratio of 2.19.

Andersen Group (NYSE:ANDG - Get Free Report) last released 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 business had revenue of $217.66 million for the quarter. On average, analysts anticipate that Andersen Group Inc. will post 0.73 EPS for the current fiscal year.

Institutional Trading of Andersen Group

Several institutional investors have recently made changes to their positions in ANDG. First Trust Advisors LP increased its stake in Andersen Group by 334.7% in the 3rd quarter. First Trust Advisors LP now owns 186,858 shares of the company's stock valued at $10,165,000 after buying an additional 143,869 shares during the period. Global Retirement Partners LLC grew its holdings in shares of Andersen Group by 454.0% during the 3rd quarter. Global Retirement Partners LLC now owns 554 shares of the company's stock valued at $30,000 after acquiring an additional 454 shares in the last quarter. Bridges Investment Management Inc. purchased a new position in shares of Andersen Group during the 3rd quarter valued at $221,000. Vise Technologies Inc. acquired a new position in shares of Andersen Group in the third quarter worth $528,000. Finally, GAMMA Investing LLC increased its stake in shares of Andersen Group by 353.9% in the third quarter. GAMMA Investing LLC now owns 1,498 shares of the company's stock worth $81,000 after acquiring an additional 1,168 shares during the last quarter.

Andersen Group Company Profile

Andersen Group is a professional services firm providing tax, legal, valuation, financial advisory and consulting services to individuals, families and businesses. Its work includes tax planning and compliance, business and transaction advisory, and legal and valuation support. The firm traces its origins to WTAS, established in 2002 by former Arthur Andersen professionals. It later adopted the Andersen name and developed an international presence through the Andersen network of affiliated firms.

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