What is Stifel Canada’s Forecast for TSE:AND Q3 Earnings?

Andlauer Healthcare Group Inc. (TSE:AND) – Stock analysts at Stifel Canada dropped their Q3 2024 earnings per share estimates for shares of Andlauer Healthcare Group in a research note issued on Tuesday, October 29th. Stifel Canada analyst J. Keywood now forecasts that the company will earn $0.48 per share for the quarter, down from their previous estimate of $0.49. The consensus estimate for Andlauer Healthcare Group’s current full-year earnings is $1.93 per share. Stifel Canada also issued estimates for Andlauer Healthcare Group’s Q4 2024 earnings at $0.51 EPS and FY2024 earnings at $1.71 EPS.

AND has been the topic of several other reports. TD Securities upped 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 report on Friday, August 2nd. Royal Bank of Canada raised their price objective on Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research note on Friday, August 2nd. Scotiabank lowered their price target on Andlauer Healthcare Group to C$43.00 in a research report on Thursday, October 10th. Finally, Eight Capital cut their price objective 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 analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$48.29.

Andlauer Healthcare Group Stock Up 0.4 %

Shares of AND stock opened at C$41.25 on Friday. The stock has a market cap of C$771.38 million, a P/E ratio of 27.14 and a beta of 0.66. The company’s fifty day simple moving average is C$39.34 and its two-hundred day simple moving average is C$39.55. The company has a quick ratio of 1.66, a current ratio of 1.35 and a debt-to-equity ratio of 41.86. Andlauer Healthcare Group has a 52 week low of C$36.43 and a 52 week high of C$44.12.

Andlauer Healthcare Group (TSE:AND) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.38 EPS for the quarter, missing the consensus estimate of C$0.42 by C($0.04). Andlauer Healthcare Group had a net margin of 9.96% and a return on equity of 14.91%. The business had revenue of C$161.45 million during the quarter, compared to analysts’ expectations of C$165.00 million.

Andlauer Healthcare Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were paid a $0.11 dividend. This is a boost from Andlauer Healthcare Group’s previous quarterly dividend of $0.10. This represents a $0.44 annualized dividend and a dividend yield of 1.07%. The ex-dividend date was Friday, September 27th. Andlauer Healthcare Group’s payout ratio is currently 26.32%.

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.