Pollard Banknote (TSE:PBL) Issues Quarterly Earnings Results

Pollard Banknote (TSE:PBL) released its quarterly earnings data on Wednesday. The company reported C$0.13 EPS for the quarter, FiscalAI reports. The company had revenue of C$141.64 million for the quarter. Pollard Banknote had a return on equity of 9.56% and a net margin of 5.81%.

Pollard Banknote Stock Down 5.9%

Shares of Pollard Banknote stock opened at C$16.25 on Friday. Pollard Banknote has a 1-year low of C$15.70 and a 1-year high of C$23.50. The company has a market capitalization of C$439.86 million, a PE ratio of 12.90 and a beta of 1.10. The company has a debt-to-equity ratio of 46.33, a current ratio of 1.69 and a quick ratio of 1.01. The business has a 50-day moving average of C$18.12 and a 200-day moving average of C$19.07.

Pollard Banknote Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Pollard Banknote’s dividend payout ratio is presently 15.87%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on PBL. ATB Cormark Capital Markets increased their target price on Pollard Banknote from C$36.00 to C$41.00 and gave the company an “outperform” rating in a research note on Thursday, March 12th. Raymond James Financial cut Pollard Banknote from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from C$29.00 to C$21.50 in a report on Thursday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$32.17.

Pollard Banknote Company Profile

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.