FY2024 EPS Estimates for TSE:AND Increased by Analyst

Andlauer Healthcare Group Inc. (TSE:AND) – Analysts at National Bank Financial increased their FY2024 EPS estimates for Andlauer Healthcare Group in a research report issued to clients and investors on Wednesday, November 6th. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings per share of $1.60 for the year, up from their prior estimate of $1.59. The consensus estimate for Andlauer Healthcare Group’s current full-year earnings is $1.93 per share.

A number of other equities research analysts have also commented on the company. Eight Capital dropped their price target on 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. Royal Bank of Canada raised their target price on shares of 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 shares of Andlauer Healthcare Group from C$43.00 to C$44.00 in a report on Thursday, November 7th. Finally, TD Securities raised their price objective on shares of Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$48.57.

Andlauer Healthcare Group Price Performance

Shares of TSE AND opened at C$43.00 on Monday. Andlauer Healthcare Group has a 52-week low of C$36.43 and a 52-week high of C$44.92. The company has a debt-to-equity ratio of 41.86, a quick ratio of 1.66 and a current ratio of 1.35. The stock has a market cap of C$804.10 million, a P/E ratio of 28.29 and a beta of 0.66. The firm has a 50 day moving average price of C$39.70 and a 200 day moving average price of C$39.56.

Andlauer Healthcare Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend was Friday, September 27th. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. Andlauer Healthcare Group’s payout ratio is 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.