Pollard Banknote (TSE:PBL) Posts Quarterly Earnings Results

Pollard Banknote (TSE:PBL) issued its quarterly earnings results on Wednesday. The company reported C$0.13 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$141.64 million during the quarter. Pollard Banknote had a return on equity of 9.56% and a net margin of 5.81%.

Pollard Banknote Stock Down 2.3%

Shares of Pollard Banknote stock opened at C$17.27 on Thursday. Pollard Banknote has a one year low of C$17.20 and a one year high of C$23.50. The company has a debt-to-equity ratio of 46.33, a current ratio of 1.69 and a quick ratio of 1.01. The stock’s 50-day moving average is C$18.18 and its 200 day moving average is C$19.12. The firm has a market cap of C$467.46 million, a price-to-earnings ratio of 13.71 and a beta of 1.10.

Pollard Banknote Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were given a dividend of $0.05 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 1.2%. Pollard Banknote’s dividend payout ratio is presently 15.87%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on PBL shares. ATB Cormark Capital Markets increased their price target on Pollard Banknote from C$36.00 to C$41.00 and gave the company an “outperform” rating in a research note on Thursday, March 12th. Raymond James Financial cut their target price on Pollard Banknote from C$33.00 to C$29.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$34.67.

About Pollard Banknote

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries and charitable gaming and eGaming systems. It provides instant tickets and lottery services including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, digital products, Social InstantsTM, retail management services, and instant ticket vending machines.