Pollard Banknote (PBL) Scheduled to Post Earnings on Wednesday

Pollard Banknote (TSE:PBL) will be posting its quarterly earnings results after the market closes on Wednesday, November 13th.

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

Pollard Banknote Stock Performance

Pollard Banknote stock opened at C$23.75 on Tuesday. The firm has a 50 day simple moving average of C$25.01 and a 200-day simple moving average of C$27.67. The stock has a market cap of C$642.68 million, a price-to-earnings ratio of 17.01 and a beta of 0.63. The company has a debt-to-equity ratio of 45.40, a current ratio of 1.78 and a quick ratio of 1.01. Pollard Banknote has a 1-year low of C$17.95 and a 1-year high of C$37.75.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In related news, Senior Officer Riva Jean Richard sold 2,000 shares of Pollard Banknote stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$26.13, for a total value of C$52,260.00. Insiders sold a total of 4,300 shares of company stock worth $110,510 over the last 90 days. Corporate insiders own 64.02% of the company’s stock.

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.