Andlauer Healthcare Group Inc. (TSE:AND) Declares Quarterly Dividend of $0.11

Andlauer Healthcare Group Inc. (TSE:AND) declared a quarterly dividend on Monday, September 16th, Zacks reports. Investors of record on Friday, September 27th will be given a dividend of 0.11 per share on Tuesday, October 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Friday, September 27th. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.10.

Andlauer Healthcare Group Stock Performance

Shares of TSE:AND opened at C$38.00 on Wednesday. The stock has a market capitalization of C$710.60 million, a price-to-earnings ratio of 25.00 and a beta of 0.66. The business’s fifty day moving average price is C$39.61 and its two-hundred day moving average price is C$40.22. Andlauer Healthcare Group has a fifty-two week low of C$36.43 and a fifty-two week high of C$44.12. The company has a debt-to-equity ratio of 41.86, a current ratio of 1.35 and a quick ratio of 1.66.

Andlauer Healthcare Group (TSE:AND) last posted its earnings results on Wednesday, July 31st. The company reported C$0.38 earnings per share for the quarter, missing the consensus estimate of C$0.42 by C($0.04). Andlauer Healthcare Group had a return on equity of 14.91% and a net margin of 9.96%. The firm had revenue of C$161.45 million during the quarter, compared to the consensus estimate of C$165.00 million. As a group, analysts predict that Andlauer Healthcare Group will post 1.9371197 EPS for the current fiscal year.

Analysts Set New Price Targets

AND has been the subject of a number of research analyst reports. TD Securities lifted their target price on shares of Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Scotiabank cut their price objective on Andlauer Healthcare Group from C$46.00 to C$45.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd. Royal Bank of Canada increased 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. Finally, Eight Capital reduced 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 research report on Friday, August 2nd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$48.57.

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.