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

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

Andlauer Healthcare Group Stock Down 1.1 %

Shares of Andlauer Healthcare Group stock traded down C$0.44 during trading on Wednesday, reaching C$38.06. The company’s stock had a trading volume of 20,441 shares, compared to its average volume of 33,482. The company has a market cap of C$741.41 million, a price-to-earnings ratio of 25.24 and a beta of 0.69. The company has a 50-day simple moving average of C$39.69 and a two-hundred day simple moving average of C$40.48. The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 26.06. Andlauer Healthcare Group has a 1-year low of C$36.43 and a 1-year high of C$45.67.

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

Insider Buying and Selling

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

Wall Street Analyst Weigh In

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

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.