FY2024 EPS Forecast for Pollard Banknote Boosted by Analyst

Pollard Banknote Limited (TSE:PBL - Free Report) - Analysts at Cormark upped their FY2024 earnings per share estimates for Pollard Banknote in a report released on Wednesday, November 20th. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings of $1.91 per share for the year, up from their prior estimate of $1.54. The consensus estimate for Pollard Banknote's current full-year earnings is $2.03 per share. Cormark also issued estimates for Pollard Banknote's FY2025 earnings at $2.38 EPS.

PBL has been the topic of a number of other research reports. Acumen Capital reduced their price target on 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. Raymond James upped their price objective on shares of Pollard Banknote from C$44.00 to C$46.00 in a research note on Friday, November 15th. Finally, Canaccord Genuity Group raised their price target on 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.

Pollard Banknote Trading Up 1.0 %

Pollard Banknote stock traded up C$0.25 during trading on Monday, hitting C$25.65. The company had a trading volume of 13,529 shares, compared to its average volume of 13,122. The stock has a market cap of C$694.09 million, a price-to-earnings ratio of 18.27 and a beta of 0.63. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 45.40. Pollard Banknote has a 1-year low of C$17.95 and a 1-year high of C$37.75. The company's 50 day simple moving average is C$25.13 and its 200-day simple moving average is C$26.93.

Insider Activity at Pollard Banknote

In related news, Senior Officer Riva Jean Richard sold 2,000 shares of the company's stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$25.00, for a total value of C$50,000.00. In the last quarter, insiders sold 4,300 shares of company stock valued at $110,510. 64.02% of the stock is owned by insiders.

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.