National Bank Financial Comments on Andlauer Healthcare Group Inc.’s FY2023 Earnings (TSE:AND)

Andlauer Healthcare Group Inc. (TSE:AND – Get Rating) – Equities researchers at National Bank Financial raised their FY2023 earnings estimates for Andlauer Healthcare Group in a report released on Monday, July 11th. National Bank Financial analyst E. Leno now expects that the company will post earnings per share of $1.67 for the year, up from their previous forecast of $1.64. National Bank Financial has a “Outperform Market Weight” rating on the stock. The consensus estimate for Andlauer Healthcare Group’s current full-year earnings is $1.72 per share. Andlauer Healthcare Group (TSE:AND – Get Rating) last released its quarterly earnings results on Wednesday, May 4th. The company reported C$0.39 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.48 by C($0.09). The company had revenue of C$148.35 million for the quarter, compared to analyst estimates of C$135.60 million.

A number of other brokerages have also weighed in on AND. National Bankshares upgraded Andlauer Healthcare Group from a “sector perform” rating to a “buy” rating and raised their price objective for the company from C$50.00 to C$54.50 in a research note on Tuesday. CIBC dropped their price target on shares of Andlauer Healthcare Group from C$56.00 to C$53.00 in a research note on Friday, June 3rd. TD Securities reduced their price objective on shares of Andlauer Healthcare Group from C$56.00 to C$54.00 and set a “hold” rating on the stock in a research note on Friday, May 6th. Finally, Royal Bank of Canada dropped their target price on shares of Andlauer Healthcare Group from C$52.00 to C$48.00 and set a “sector perform” rating for the company in a research report on Friday, May 6th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of C$50.50.

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Shares of TSE AND opened at C$47.34 on Wednesday. The company has a debt-to-equity ratio of 52.44, a quick ratio of 1.18 and a current ratio of 1.26. Andlauer Healthcare Group has a 1 year low of C$37.01 and a 1 year high of C$55.84. The stock’s 50-day simple moving average is C$44.95 and its 200-day simple moving average is C$47.62. The firm has a market cap of C$862.72 million and a price-to-earnings ratio of 21.52.

About Andlauer Healthcare Group (Get Rating)

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.

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