Andersen Group (NYSE:ANDG) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Andersen Group (NYSE:ANDG) released its quarterly earnings results on Wednesday. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.07, FiscalAI reports. The business had revenue of $217.66 million during the quarter.

Here are the key takeaways from Andersen Group’s conference call:

• Second-quarter results exceeded guidance, with revenue of $217.7 million, up 23.7% year over year, including 20.6% organic growth; adjusted EBITDA rose approximately 55% to $45.9 million.
• Profitability improved significantly, with adjusted EBITDA margin expanding to 21.1% from 16.9%, while first-half GAAP net income turned positive at $7.6 million versus a prior-year loss.
• Management acknowledged that acquisitions are taking longer than expected and reduced projected 2026 inorganic revenue to approximately $25 million–$30 million from an earlier $55 million target; some signed-deal revenue will shift into 2027.
• The company reaffirmed 2026 revenue guidance of $980 million–$1 billion and cited strong July performance, a substantial acquisition pipeline, and more than $100 million of annualized revenue from signed deals expected to contribute beyond 2026.
• Management views AI as a growth and efficiency opportunity, reporting that more than 500 employees have received training and anticipating productivity gains, greater use of fixed-fee work, and a flatter, more profitable staffing model over time.

Andersen Group Trading Down 9.8%

ANDG stock traded down $4.92 during trading on Thursday, hitting $45.08. The company had a trading volume of 145,269 shares, compared to its average volume of 328,885. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 9.72. The company has a 50 day simple moving average of $41.47 and a 200-day simple moving average of $33.14. The firm has a market capitalization of $5.09 billion and a P/E ratio of 265.51. Andersen Group has a 52-week low of $18.12 and a 52-week high of $50.76.

Andersen Group News Roundup

Here are the key news stories impacting Andersen Group this week:

• Positive Sentiment: Analysts raised their price targets. Robert W. Baird increased its target from $44 to $57 and upgraded the stock to “outperform,” while Truist raised its target from $42 to $55 and maintained a “buy” rating. Wells Fargo lifted its target from $38 to $49 but kept an “equal weight” rating, suggesting more limited upside. Benzinga analyst target updates The Fly analyst target update
• Positive Sentiment: Andersen reported record second-quarter revenue of $217.7 million. Adjusted earnings were a loss of $0.09 per share, but this was better than the $0.16 loss analysts expected, providing a meaningful earnings surprise. Andersen Group record second-quarter revenue Andersen Group earnings report
• Positive Sentiment: Management reaffirmed its 2026 outlook for revenue of $980 million to $1 billion and an adjusted EBITDA margin of 22% to 23%, helping preserve confidence in the company’s growth and profitability targets. Andersen 2026 outlook reaffirmation
• Positive Sentiment: Recent acquisitions expand Andersen’s geographic reach. The company announced plans involving six firms in Mexico and the United States, as well as two strategic acquisitions supporting its international expansion. Andersen Group acquisitions in Mexico and the United States
• Negative Sentiment: Inorganic revenue growth is slowing. Although full-year guidance was maintained, slower acquisition-driven revenue may be tempering enthusiasm and raising questions about the pace at which recent acquisitions will contribute to results. Andersen inorganic revenue growth update

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ANDG shares. Wells Fargo & Company increased their target price on shares of Andersen Group from $38.00 to $49.00 and gave the stock an “equal weight” rating in a report on Thursday. Weiss Ratings raised shares of Andersen Group from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, June 1st. Morgan Stanley raised their price objective on Andersen Group from $27.00 to $54.00 and gave the company an “equal weight” rating in a research report on Thursday. Robert W. Baird increased their target price on Andersen Group from $44.00 to $57.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, UBS Group lifted their price objective on shares of Andersen Group from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Andersen Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.67.

Insider Activity

In related news, major shareholder Durable Capital Partners Lp sold 336,736 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $40.01, for a total value of $13,472,807.36. Following the completion of the transaction, the insider owned 1,333,749 shares of the company’s stock, valued at $53,363,297.49. The trade was a 20.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert V. Gunderson, Jr. bought 2,367 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was bought at an average price of $35.82 per share, for a total transaction of $84,785.94. Following the purchase, the director directly owned 15,000 shares of the company’s stock, valued at $537,300. The trade was a 18.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 13.00% of the company’s stock.

Institutional Investors Weigh In On Andersen Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas purchased a new stake in Andersen Group during the fourth quarter worth $4,278,000. PNC Financial Services Group Inc. acquired a new stake in Andersen Group in the 4th quarter valued at about $215,000. Royce & Associates LP purchased a new position in Andersen Group in the fourth quarter worth approximately $19,948,000. Seven Grand Managers LLC acquired a new position in Andersen Group during the fourth quarter worth $12,965,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Andersen Group in the fourth quarter worth $10,420,000.

Andersen Group Company Profile

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.