Pollard Banknote (TSE:PBL) Announces Quarterly Earnings Results

Pollard Banknote (TSE:PBL) announced its earnings results on Wednesday. The company reported C$0.32 EPS for the quarter, FiscalAI reports. The business had revenue of C$154.83 million during the quarter. Pollard Banknote had a return on equity of 7.15% and a net margin of 4.47%.

Pollard Banknote Stock Performance

TSE PBL opened at C$17.15 on Thursday. The company has a debt-to-equity ratio of 45.17, a current ratio of 1.66 and a quick ratio of 1.00. The stock has a market capitalization of C$464.22 million, a P/E ratio of 17.86 and a beta of 1.06. The firm’s 50-day moving average is C$17.25 and its two-hundred day moving average is C$17.84. Pollard Banknote has a 12 month low of C$15.70 and a 12 month high of C$23.46.

Pollard Banknote Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 15th were given a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.20 dividend on an annualized basis and a yield of 1.2%. Pollard Banknote’s dividend payout ratio is presently 20.83%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on PBL shares. ATB Cormark Capital Markets reduced their target price on shares of Pollard Banknote from C$41.00 to C$32.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Raymond James Financial cut shares of Pollard Banknote from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from C$29.00 to C$21.50 in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$29.17.

Pollard Banknote Company Profile

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.