National Bank Financial Weighs in on Andlauer Healthcare Group Inc.’s Q3 2024 Earnings (TSE:AND)

Andlauer Healthcare Group Inc. (TSE:AND) – Equities researchers at National Bank Financial issued their Q3 2024 earnings per share estimates for shares of Andlauer Healthcare Group in a note issued to investors on Thursday, August 1st. National Bank Financial analyst C. Doerksen expects that the company will post earnings per share of $0.40 for the quarter. The consensus estimate for Andlauer Healthcare Group’s current full-year earnings is $1.64 per share. National Bank Financial also issued estimates for Andlauer Healthcare Group’s FY2024 earnings at $1.59 EPS and FY2025 earnings at $1.86 EPS.

A number of other analysts have also commented on AND. Royal Bank of Canada raised their price target on Andlauer Healthcare Group from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research note on Friday, August 2nd. Eight Capital decreased their target price on shares of Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Stifel Nicolaus reduced their price target on Andlauer Healthcare Group from C$55.00 to C$52.00 and set a “buy” rating for the company in a report on Monday, May 6th. TD Securities raised 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. Finally, Scotiabank lowered their price target on Andlauer Healthcare Group from C$46.00 to C$45.00 and set a “sector perform” rating on the stock in a report 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. Based on data from MarketBeat, Andlauer Healthcare Group has an average rating of “Moderate Buy” and a consensus price target of C$48.57.

Andlauer Healthcare Group Stock Down 1.3 %

Shares of Andlauer Healthcare Group stock opened at C$41.00 on Monday. The company’s 50 day moving average price is C$39.20 and its 200-day moving average price is C$40.30. Andlauer Healthcare Group has a 52-week low of C$36.43 and a 52-week high of C$44.76. The stock has a market capitalization of C$798.68 million, a price-to-earnings ratio of 27.15 and a beta of 0.69. The company has a debt-to-equity ratio of 26.06, a quick ratio of 1.66 and a current ratio of 1.94.

Andlauer Healthcare Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.98%. The ex-dividend date was Friday, June 28th. Andlauer Healthcare Group’s dividend payout ratio is currently 23.84%.

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.