Andlauer Healthcare Group Inc. (AND) To Go Ex-Dividend on September 27th

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 1.17%. The ex-dividend date is Friday, September 27th. This is a positive change from Andlauer Healthcare Group’s previous quarterly dividend of $0.10.

Andlauer Healthcare Group Price Performance

AND traded down C$0.37 during trading on Wednesday, reaching C$37.63. The company’s stock had a trading volume of 315 shares, compared to its average volume of 32,364. The company has a quick ratio of 1.66, a current ratio of 1.35 and a debt-to-equity ratio of 41.86. The firm has a fifty day simple moving average of C$39.61 and a two-hundred day simple moving average of C$40.22. Andlauer Healthcare Group has a 1 year low of C$36.43 and a 1 year high of C$44.12. The company has a market cap of C$703.68 million, a price-to-earnings ratio of 25.00 and a beta of 0.66.

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

Analyst Upgrades and Downgrades

AND has been the topic of several research reports. TD Securities increased their price target 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. Eight Capital cut their target price 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 note on Friday, August 2nd. Scotiabank cut their target price 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. Finally, 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 company a “sector perform” rating in a research note on Friday, August 2nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus 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.