Andersen Group (NYSE:ANDG) Shares Gap Down – What’s Next?

Andersen Group Inc. (NYSE:ANDG) gapped down prior to trading on Friday. The stock had previously closed at $65.42, but opened at $62.82. Andersen Group shares last traded at $63.3840, with a volume of 282,706 shares changing hands.

Trending Headlines about Andersen Group

Here are a few of the latest headlines about ANDG:

• Positive Sentiment: Andersen reported third-quarter revenue of $337.3 million, up 18.7% year over year. It also reported EPS of $7.13, well above the $0.90 consensus, although the size of the beat may warrant investors checking the earnings materials for details. Andersen Group Reports Third Quarter Revenue Growth of 18.7% to $337.3 Million
• Positive Sentiment: The company’s 2027 revenue outlook of roughly $1.275 billion–$1.325 billion is above the cited FactSet estimate of $1.17 billion. Andersen also raised its 2026 adjusted EBITDA guidance to $255 million–$275 million, signaling management expects continued growth. Andersen projects 2027 revenue and raises 2026 EBITDA guidance
• Negative Sentiment: Leverage remains a potential concern: the supplied company background reports a debt-to-equity ratio of 7.82. That may temper enthusiasm for the growth outlook, particularly if investors question the quality or durability of the reported EPS beat.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ANDG shares. Robert W. Baird raised their price objective on shares of Andersen Group from $64.00 to $71.00 and gave the company an “outperform” rating in a research report on Friday. Truist Financial boosted their target price on shares of Andersen Group from $55.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, September 25th. Morgan Stanley increased their price target on shares of Andersen Group from $27.00 to $54.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. BMO Capital Markets began coverage on shares of Andersen Group in a report on Tuesday, September 8th. They set a “market perform” rating and a $58.00 price target on the stock. Finally, Weiss Ratings raised shares of Andersen Group from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $58.86.

Andersen Group Stock Performance

The company has a market cap of $7.03 billion and a price-to-earnings ratio of -117.46. The company has a debt-to-equity ratio of 7.82, a current ratio of 2.19 and a quick ratio of 2.19. The firm has a fifty day simple moving average of $58.87 and a 200 day simple moving average of $41.07.

Andersen Group (NYSE:ANDG) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.07. The firm had revenue of $217.66 million for the quarter. On average, sell-side analysts expect that Andersen Group Inc. will post 0.73 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ANDG. First Trust Advisors LP grew its position in shares of Andersen Group by 334.7% in the third quarter. First Trust Advisors LP now owns 186,858 shares of the company’s stock valued at $10,165,000 after purchasing an additional 143,869 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Andersen Group by 1.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 130,856 shares of the company’s stock worth $3,559,000 after purchasing an additional 1,267 shares during the last quarter. Sei Investments Co. lifted its position in shares of Andersen Group by 96.3% during the 1st quarter. Sei Investments Co. now owns 121,649 shares of the company’s stock worth $3,309,000 after purchasing an additional 59,693 shares during the last quarter. Renaissance Technologies LLC bought a new stake in Andersen Group during the 1st quarter valued at approximately $1,686,000. Finally, Corient Private Wealth LP boosted its stake in Andersen Group by 67.2% during the 2nd quarter. Corient Private Wealth LP now owns 23,005 shares of the company’s stock valued at $868,000 after purchasing an additional 9,245 shares during the period.

Andersen Group Company Profile

Andersen Group is a professional services firm providing tax, legal, valuation, financial advisory and consulting services to individuals, families and businesses. Its work includes tax planning and compliance, business and transaction advisory, and legal and valuation support. The firm traces its origins to WTAS, established in 2002 by former Arthur Andersen professionals. It later adopted the Andersen name and developed an international presence through the Andersen network of affiliated firms.