Research Analysts Set Expectations for TSE:AND Q3 Earnings

Andlauer Healthcare Group Inc. (TSE:AND) – Stock analysts at Stifel Canada dropped their Q3 2024 earnings per share (EPS) estimates for Andlauer Healthcare Group in a research note issued on Tuesday, October 29th. Stifel Canada analyst J. Keywood now anticipates that the company will earn $0.48 per share for the quarter, down from their previous forecast 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.

A number of other research analysts also recently commented on AND. TD Securities raised 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. Scotiabank cut their price objective on shares of Andlauer Healthcare Group to C$43.00 in a report on Thursday, October 10th. Royal Bank of Canada increased 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. Finally, Eight Capital cut their price target on Andlauer Healthcare Group from C$58.00 to C$51.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$48.29.

Andlauer Healthcare Group Stock Performance

AND stock opened at C$41.07 on Friday. 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 has a 1-year low of C$36.43 and a 1-year high of C$44.12. The business has a 50-day moving average price of C$39.30 and a 200 day moving average price of C$39.56. The company has a market capitalization of C$768.01 million, a P/E ratio of 27.02 and a beta of 0.66.

Andlauer Healthcare Group (TSE:AND) last posted its quarterly 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 for the quarter, compared to the consensus estimate of C$165.00 million. Andlauer Healthcare Group had a return on equity of 14.91% and a net margin of 9.96%.

Andlauer Healthcare Group Increases Dividend

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