Andlauer Healthcare Group Inc. (TSE:AND) Announces $0.10 Quarterly Dividend

Andlauer Healthcare Group Inc. (TSE:AND) announced a quarterly dividend on Friday, June 14th, Zacks reports. Stockholders of record on Friday, June 28th will be paid a dividend of 0.10 per share on Monday, July 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, June 28th.

Andlauer Healthcare Group Stock Up 0.1 %

Shares of Andlauer Healthcare Group stock opened at C$38.11 on Thursday. The firm has a market capitalization of C$742.38 million, a PE ratio of 25.23 and a beta of 0.69. Andlauer Healthcare Group has a 12-month low of C$36.43 and a 12-month high of C$45.67. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 26.06. The stock’s fifty day moving average is C$39.69 and its 200-day moving average is C$40.48.

Andlauer Healthcare Group (TSE:AND) last posted its quarterly earnings results on Thursday, May 2nd. The company reported C$0.35 earnings per share for the quarter, missing the consensus estimate of C$0.53 by C($0.18). The business had revenue of C$161.14 million for the quarter, compared to analyst estimates of C$168.50 million. Andlauer Healthcare Group had a net margin of 10.02% and a return on equity of 13.82%. Equities analysts anticipate that Andlauer Healthcare Group will post 1.6396243 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on AND shares. Scotiabank cut Andlauer Healthcare Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 14th. National Bankshares boosted their price objective on Andlauer Healthcare Group from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 7th. Stifel Nicolaus cut their price objective on Andlauer Healthcare Group from C$55.00 to C$52.00 and set a “buy” rating for the company in a research report on Monday, May 6th. Eight Capital cut their price objective on Andlauer Healthcare Group from C$62.00 to C$58.00 and set a “buy” rating for the company in a research report on Thursday, March 7th. Finally, CIBC cut their price objective on Andlauer Healthcare Group from C$52.00 to C$50.00 and set an “outperform” rating for the company in a research report on Monday, May 6th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$49.43.

Insider Activity at Andlauer Healthcare Group

In related news, Director Ronald Martin Skelton sold 1,500 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of C$40.87, for a total transaction of C$61,309.95. Corporate insiders own 1.43% of the company’s stock.

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.