Pollard Banknote (PBL) to Release Earnings on Wednesday

Pollard Banknote (TSE:PBL) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 13th.

Pollard Banknote (TSE:PBL) last announced its quarterly earnings data on Tuesday, August 13th. The company reported C$0.43 EPS for the quarter. The business had revenue of C$137.80 million during the quarter, compared to analysts’ expectations of C$138.58 million. Pollard Banknote had a net margin of 7.17% and a return on equity of 13.34%.

Pollard Banknote Price Performance

Shares of PBL opened at C$23.45 on Wednesday. The business’s 50-day moving average is C$25.10 and its two-hundred day moving average is C$27.92. The company has a market capitalization of C$634.56 million, a P/E ratio of 16.87 and a beta of 0.63. Pollard Banknote has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.75. The company has a debt-to-equity ratio of 45.40, a quick ratio of 1.01 and a current ratio of 1.78.

Pollard Banknote Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend was Friday, September 27th. Pollard Banknote’s dividend payout ratio (DPR) is 14.39%.

Insider Buying and Selling

In other Pollard Banknote news, Senior Officer Riva Jean Richard sold 2,000 shares of the stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$26.13, for a total transaction of C$52,260.00. In the last quarter, insiders sold 4,300 shares of company stock valued at $110,510. 64.02% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PBL. Canaccord Genuity Group raised their price objective on shares of Pollard Banknote from C$32.00 to C$36.00 and gave the stock a “buy” rating in a research note on Tuesday, August 27th. Acumen Capital dropped their price target on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Cormark decreased their price objective on shares of Pollard Banknote from C$34.00 to C$33.00 in a research report on Thursday, August 15th. Finally, Raymond James raised their target price on Pollard Banknote from C$40.50 to C$44.00 in a research report on Thursday, August 15th.

Pollard Banknote Company Profile

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.