FY2024 EPS Estimates for TSE:AND Decreased by Stifel Canada

Andlauer Healthcare Group Inc. (TSE:AND) – Equities research analysts at Stifel Canada reduced their FY2024 earnings per share (EPS) estimates for Andlauer Healthcare Group in a report issued on Wednesday, November 6th. Stifel Canada analyst J. Keywood now forecasts that the company will post earnings per share of $1.60 for the year, down from their previous forecast of $1.71. The consensus estimate for Andlauer Healthcare Group’s current full-year earnings is $1.93 per share.

AND has been the topic of a number of other research reports. Eight Capital cut their price target on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Royal Bank of Canada lifted their target price on 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 upped their price target on Andlauer Healthcare Group from C$43.00 to C$44.00 in a report on Thursday, November 7th. Finally, TD Securities boosted their target price on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$48.57.

Andlauer Healthcare Group Stock Performance

Shares of AND stock opened at C$43.00 on Monday. The company has a market capitalization of C$804.10 million, a price-to-earnings ratio of 28.29 and a beta of 0.66. The company has a debt-to-equity ratio of 41.86, a quick ratio of 1.66 and a current ratio of 1.35. Andlauer Healthcare Group has a one year low of C$36.43 and a one year high of C$44.92. The company’s 50-day moving average is C$39.70 and its 200 day moving average is C$39.56.

Andlauer Healthcare Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were given a dividend of $0.11 per share. The ex-dividend date was Friday, September 27th. This represents a $0.44 annualized dividend and a dividend yield of 1.02%. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. Andlauer Healthcare Group’s dividend payout ratio is presently 26.32%.

Andlauer Healthcare Group Company Profile

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.