FY2024 Earnings Estimate for TSE:AND Issued By Stifel Canada

Andlauer Healthcare Group Inc. (TSE:AND) – Research analysts at Stifel Canada cut their FY2024 earnings estimates for shares of Andlauer Healthcare Group in a note issued to investors on Wednesday, November 6th. Stifel Canada analyst J. Keywood now expects that the company will post earnings per share of $1.60 for the year, down from their prior estimate of $1.71. The consensus estimate for Andlauer Healthcare Group’s current full-year earnings is $1.93 per share.

A number of other brokerages also recently issued reports on AND. Eight Capital lowered their price target on Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a research 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 company a “sector perform” rating in a research 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 research report on Thursday, November 7th. Finally, TD Securities raised their price objective on Andlauer Healthcare Group from C$53.00 to C$54.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$48.57.

Andlauer Healthcare Group Stock Performance

Shares of TSE AND opened at C$43.00 on Monday. The stock has a market capitalization of C$804.10 million, a P/E ratio of 28.29 and a beta of 0.66. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$44.92. The business’s 50 day moving average is C$39.70 and its two-hundred day moving average is C$39.56. 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 Increases Dividend

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