Andlauer Healthcare Group (TSE:AND) Given New C$54.00 Price Target at TD Securities

Andlauer Healthcare Group (TSE:AND - Free Report) had its target price raised by TD Securities from C$52.00 to C$54.00 in a research report released on Thursday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other research analysts also recently weighed in on the stock. Scotiabank upped their price objective on shares of Andlauer Healthcare Group from C$45.00 to C$47.50 and gave the stock a sector perform rating in a research report on Thursday, March 7th. Royal Bank of Canada upped their price target on shares of Andlauer Healthcare Group from C$41.00 to C$43.00 and gave the stock a sector perform rating in a research report on Thursday, March 7th. CIBC upped their price target on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the stock an outperform rating in a research report on Thursday, March 7th. Eight Capital dropped their price objective on shares of Andlauer Healthcare Group from C$62.00 to C$58.00 and set a buy rating for the company in a research note on Thursday, March 7th. Finally, National Bankshares upped 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 research note on Thursday, March 7th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus price target of C$50.93.

Andlauer Healthcare Group Stock Performance

TSE:AND traded up C$0.42 during mid-day trading on Thursday, hitting C$42.06. The company's stock had a trading volume of 10,396 shares, compared to its average volume of 27,098. Andlauer Healthcare Group has a 1 year low of C$36.76 and a 1 year high of C$52.55. The company has a debt-to-equity ratio of 27.24, a current ratio of 2.52 and a quick ratio of 1.66. The stock has a market cap of C$819.33 million, a price-to-earnings ratio of 27.04 and a beta of 0.69. The business's fifty day moving average is C$41.55 and its two-hundred day moving average is C$40.34.

Andlauer Healthcare Group (TSE:AND - Get Free Report) last posted its quarterly earnings results on Tuesday, March 5th. The company reported C$0.44 EPS for the quarter, missing the consensus estimate of C$0.49 by C($0.05). The business had revenue of C$169.07 million during the quarter, compared to analysts' expectations of C$165.00 million. Andlauer Healthcare Group had a net margin of 10.21% and a return on equity of 14.53%. Analysts anticipate that Andlauer Healthcare Group will post 1.8453564 EPS for the current fiscal year.

Andlauer Healthcare Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, March 27th. This is a positive change from Andlauer Healthcare Group's previous quarterly dividend of $0.09. This represents a $0.40 dividend on an annualized basis and a yield of 0.95%. Andlauer Healthcare Group's dividend payout ratio is 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.