Cormark Has Pessimistic Outlook of TSE:PBL FY2025 Earnings

Pollard Banknote Limited (TSE:PBL - Free Report) - Equities research analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for shares of Pollard Banknote in a report issued on Wednesday, October 23rd. Cormark analyst D. Mcfadgen now anticipates that the company will earn $1.84 per share for the year, down from their previous forecast of $1.92. The consensus estimate for Pollard Banknote's current full-year earnings is $2.03 per share.

Other equities analysts also recently issued reports about the company. Canaccord Genuity Group increased their target price on Pollard Banknote from C$32.00 to C$36.00 and gave the company a "buy" rating in a research report on Tuesday, August 27th. Acumen Capital dropped their target price on Pollard Banknote from C$47.00 to C$28.00 and set a "buy" rating for the company in a research report on Wednesday, August 7th. Finally, Raymond James raised their price objective on Pollard Banknote from C$40.50 to C$44.00 in a research report on Thursday, August 15th.

Pollard Banknote Trading Up 1.7 %

Pollard Banknote stock traded up C$0.41 during trading hours on Friday, hitting C$24.21. The stock had a trading volume of 13,233 shares, compared to its average volume of 13,363. The company has a quick ratio of 1.01, a current ratio of 1.78 and a debt-to-equity ratio of 45.40. The stock has a market cap of C$655.12 million, a price-to-earnings ratio of 17.42 and a beta of 0.63. Pollard Banknote has a one year low of C$17.95 and a one year high of C$37.75. The business's 50 day simple moving average is C$24.89 and its 200-day simple moving average is C$28.58.

Pollard Banknote (TSE:PBL - Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported C$0.43 EPS for the quarter. The firm had revenue of C$137.80 million during the quarter, compared to the consensus estimate of C$138.58 million. Pollard Banknote had a return on equity of 13.34% and a net margin of 7.17%.

Pollard Banknote Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given 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 0.83%. Pollard Banknote's dividend payout ratio (DPR) is 14.39%.

Insider Buying and Selling

In related news, Senior Officer Riva Jean Richard sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$26.13, for a total transaction of C$52,260.00. Insiders sold 4,300 shares of company stock valued at $110,510 over the last 90 days. Company insiders own 64.02% of the company's stock.

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.