FY2024 EPS Estimates for Pollard Banknote Limited (TSE:PBL) Lifted by Cormark

Pollard Banknote Limited (TSE:PBL) – Stock analysts at Cormark increased their FY2024 earnings per share estimates for shares of Pollard Banknote in a research note issued on Wednesday, July 31st. Cormark analyst D. Mcfadgen now forecasts that the company will earn $1.45 per share for the year, up from their previous estimate of $1.44. The consensus estimate for Pollard Banknote’s current full-year earnings is $1.38 per share. Cormark also issued estimates for Pollard Banknote’s FY2025 earnings at $2.09 EPS.

Separately, Raymond James decreased their price objective on shares of Pollard Banknote from C$43.00 to C$40.50 in a report on Friday, May 10th.

Pollard Banknote Price Performance

PBL opened at C$28.73 on Friday. The company’s 50-day simple moving average is C$30.01 and its two-hundred day simple moving average is C$33.24. The company has a debt-to-equity ratio of 44.64, a quick ratio of 1.01 and a current ratio of 1.64. The stock has a market capitalization of C$777.43 million, a P/E ratio of 23.36 and a beta of 0.62. Pollard Banknote has a 52-week low of C$23.57 and a 52-week high of C$37.75.

Pollard Banknote (TSE:PBL) last announced its quarterly earnings results on Wednesday, May 8th. The company reported C$0.25 earnings per share (EPS) for the quarter. Pollard Banknote had a return on equity of 12.17% and a net margin of 6.43%. The firm had revenue of C$125.74 million for the quarter, compared to the consensus estimate of C$132.30 million.

Pollard Banknote Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Sunday, June 30th were given a $0.05 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.20 annualized dividend and a yield of 0.70%. Pollard Banknote’s payout ratio is 16.26%.

About Pollard Banknote

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.