Cormark Comments on Pollard Banknote Limited’s FY2025 Earnings (TSE:PBL)

Pollard Banknote Limited (TSE:PBL) – Stock analysts at Cormark lifted their FY2025 EPS estimates for Pollard Banknote in a research note issued to investors on Wednesday, April 24th. Cormark analyst D. Mcfadgen now forecasts that the company will earn $1.98 per share for the year, up from their previous forecast of $1.97. The consensus estimate for Pollard Banknote’s current full-year earnings is $1.49 per share.

PBL has been the subject of several other research reports. Canaccord Genuity Group upped their price target on shares of Pollard Banknote from C$37.00 to C$40.00 in a research report on Wednesday, March 6th. Acumen Capital increased their target price on shares of Pollard Banknote from C$45.00 to C$47.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Finally, Raymond James increased their target price on shares of Pollard Banknote from C$37.00 to C$43.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th.

Pollard Banknote Stock Up 2.7 %

Pollard Banknote stock opened at C$36.32 on Friday. The company has a 50-day simple moving average of C$35.72 and a 200-day simple moving average of C$32.99. The firm has a market capitalization of C$979.55 million, a P/E ratio of 31.58 and a beta of 0.63. The company has a debt-to-equity ratio of 49.94, a quick ratio of 1.01 and a current ratio of 1.81. Pollard Banknote has a one year low of C$22.63 and a one year high of C$37.75.

Pollard Banknote (TSE:PBL) last issued its earnings results on Tuesday, March 5th. The company reported C$0.41 earnings per share for the quarter. The company had revenue of C$135.50 million for the quarter, compared to analysts’ expectations of C$134.80 million. Pollard Banknote had a net margin of 6.04% and a return on equity of 11.93%.

Insider Transactions at Pollard Banknote

In other news, Senior Officer Robert Brock Young sold 5,000 shares of the stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$34.62, for a total value of C$173,100.00. In other news, Senior Officer Robert Brock Young sold 5,000 shares of the stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$34.62, for a total value of C$173,100.00. Also, Senior Officer Jennifer Doris Westbury sold 4,500 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of C$37.00, for a total transaction of C$166,500.00. 64.32% of the stock is owned by insiders.

Pollard Banknote Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.55%. This is a positive change from Pollard Banknote’s previous quarterly dividend of $0.04. The ex-dividend date was Wednesday, March 27th. Pollard Banknote’s dividend payout ratio is 17.39%.

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.