Pollard Banknote (TSE:PBL) Posts Quarterly Earnings Results

Pollard Banknote (TSE:PBL) posted its quarterly earnings data on Friday. The company reported C$0.30 earnings per share for the quarter, FiscalAI reports. Pollard Banknote had a return on equity of 7.16% and a net margin of 4.48%. The firm had revenue of C$158.90 million during the quarter.

Pollard Banknote Price Performance

Shares of PBL stock traded up C$0.04 on Friday, reaching C$16.30. 57,021 shares of the company were exchanged, compared to its average volume of 22,428. Pollard Banknote has a 1 year low of C$15.70 and a 1 year high of C$20.88. The company has a debt-to-equity ratio of 49.61, a quick ratio of 1.00 and a current ratio of 1.71. The business has a 50-day moving average price of C$16.83 and a 200 day moving average price of C$17.63. The company has a market cap of C$441.14 million, a price-to-earnings ratio of 16.63 and a beta of 1.43.

Analyst Ratings Changes

PBL has been the topic of a number of recent research reports. ATB Cormark Capital Markets dropped their target price on Pollard Banknote from C$32.00 to C$31.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 1st. Raymond James Financial raised shares of Pollard Banknote from a “market perform” rating to an “outperform” rating and raised their price target for the stock from C$21.50 to C$28.00 in a research report on Friday, August 14th. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat, Pollard Banknote presently has a consensus rating of “Buy” and an average price target of C$29.50.

Pollard Banknote Company Profile

Pollard Banknote is a partner of choice to responsibly drive revenues for good causes both at retail and through digital channels for lotteries and charitable gaming markets worldwide. We empower our customers to maximize success through innovative offerings, strategic marketing, portfolio management, analytics, and end-to-end warehousing and logistics services. We offer an extensive high-performing gaming lineup, including instant tickets, pull-tab tickets and vending machines, the full range of paper and electronic bingo products, and cutting-edge electronic pull-tab gaming solutions.