Pollard Banknote (PBL) to Release Earnings on Wednesday

Pollard Banknote (TSE:PBL - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 13th.

Pollard Banknote (TSE:PBL - Get Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported C$0.43 earnings per share for the quarter. Pollard Banknote had a net margin of 7.17% and a return on equity of 13.34%. The firm had revenue of C$137.80 million during the quarter, compared to analysts' expectations of C$138.58 million.

Pollard Banknote Stock Performance

PBL stock traded up C$0.30 on Wednesday, hitting C$23.75. The company had a trading volume of 2,573 shares, compared to its average volume of 13,154. 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 12-month low of C$17.95 and a 12-month high of C$37.75. The stock has a market cap of C$642.68 million, a price-to-earnings ratio of 16.87 and a beta of 0.63. The stock's 50-day simple moving average is C$25.10 and its 200 day simple moving average is C$27.92.

Pollard Banknote Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.05 per share. The ex-dividend date was Friday, September 27th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.84%. Pollard Banknote's dividend payout ratio is currently 14.39%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on PBL shares. Canaccord Genuity Group increased their target price on shares of Pollard Banknote from C$32.00 to C$36.00 and gave the stock a "buy" rating in a report on Tuesday, August 27th. Cormark decreased their price objective on Pollard Banknote from C$34.00 to C$33.00 in a report on Thursday, August 15th. Acumen Capital reduced their target price on shares of Pollard Banknote from C$47.00 to C$28.00 and set a "buy" rating on the stock in a report on Wednesday, August 7th. Finally, Raymond James upped their target price on shares of Pollard Banknote from C$40.50 to C$44.00 in a research report on Thursday, August 15th.

Insiders Place Their Bets

In other news, Senior Officer Riva Jean Richard sold 2,000 shares of the stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$26.13, for a total value of C$52,260.00. Over the last ninety days, insiders sold 4,300 shares of company stock worth $110,510. Company insiders own 64.02% of the company's stock.

About Pollard Banknote

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.