Cormark Has Positive Estimate for TSE:PBL FY2024 Earnings

Pollard Banknote logo with Consumer Cyclical background

Pollard Banknote Limited (TSE:PBL - Free Report) - Cormark increased their FY2024 earnings per share (EPS) estimates for Pollard Banknote in a research note issued to investors on Thursday, January 23rd. Cormark analyst D. Mcfadgen now expects that the company will earn $1.95 per share for the year, up from their prior estimate of $1.91. The consensus estimate for Pollard Banknote's current full-year earnings is $2.03 per share. Cormark also issued estimates for Pollard Banknote's Q4 2024 earnings at $0.55 EPS.

Separately, Raymond James lifted their price target on shares of Pollard Banknote from C$44.00 to C$46.00 in a research note on Friday, November 15th.

Get Our Latest Analysis on PBL

Pollard Banknote Stock Performance

Shares of PBL traded up C$0.85 on Friday, reaching C$29.67. The company's stock had a trading volume of 11,674 shares, compared to its average volume of 16,087. Pollard Banknote has a 12-month low of C$17.95 and a 12-month high of C$37.75. The stock has a market capitalization of C$802.87 million, a P/E ratio of 21.35 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. The stock's 50 day simple moving average is C$24.98 and its two-hundred day simple moving average is C$24.89.

Pollard Banknote Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend was Tuesday, December 31st. Pollard Banknote's dividend payout ratio is 14.39%.

Pollard Banknote Company Profile

(Get Free Report)

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.

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