Andlauer Healthcare Group Inc. (AND) to Issue Quarterly Dividend of $0.11 on October 15th

Andlauer Healthcare Group Inc. (TSE:AND) declared a quarterly dividend on Monday, September 16th, Zacks reports. Shareholders 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 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend is Friday, September 27th. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.10.

Andlauer Healthcare Group Stock Up 2.3 %

Shares of TSE:AND opened at C$38.33 on Wednesday. The company has a debt-to-equity ratio of 41.86, a current ratio of 1.35 and a quick ratio of 1.66. The stock has a market cap of C$716.77 million, a price-to-earnings ratio of 25.22 and a beta of 0.66. The company has a 50 day moving average of C$39.61 and a 200-day moving average of C$40.13. Andlauer Healthcare Group has a one year low of C$36.43 and a one year high of C$44.12.

Andlauer Healthcare Group (TSE:AND) last released its earnings results on Wednesday, July 31st. The company reported C$0.38 EPS for the quarter, missing analysts’ consensus estimates of C$0.42 by C($0.04). The business had revenue of C$161.45 million for the quarter, compared to analyst estimates of C$165.00 million. Andlauer Healthcare Group had a return on equity of 14.91% and a net margin of 9.96%. On average, sell-side analysts forecast that Andlauer Healthcare Group will post 1.9371197 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AND. Eight Capital dropped their price objective on Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Scotiabank reduced their price objective on shares of Andlauer Healthcare Group from C$46.00 to C$45.00 and set a “sector perform” rating on the stock in a research note on Friday, August 2nd. Royal Bank of Canada lifted their price target on shares of Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research report on Friday, August 2nd. Finally, TD Securities raised their price objective on Andlauer Healthcare Group from C$52.00 to C$53.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Andlauer Healthcare Group presently has an average rating of “Moderate Buy” and an average price target 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.