Pollard Banknote (TSE:PBL) Posts Quarterly Earnings Results

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

Pollard Banknote Stock Performance

Shares of Pollard Banknote stock traded down C$0.40 during trading on Wednesday, hitting C$17.27. 74,185 shares of the company’s stock were exchanged, compared to its average volume of 26,204. The company has a debt-to-equity ratio of 46.33, a quick ratio of 1.01 and a current ratio of 1.69. The business has a 50-day simple moving average of C$18.22 and a 200-day simple moving average of C$19.15. Pollard Banknote has a 52-week low of C$17.20 and a 52-week high of C$23.50. The stock has a market capitalization of C$467.46 million, a price-to-earnings ratio of 13.71 and a beta of 1.10.

Pollard Banknote Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Pollard Banknote’s dividend payout ratio (DPR) is 15.87%.

Analysts Set New Price Targets

Several research analysts recently issued reports on PBL shares. ATB Cormark Capital Markets raised their target price on shares of Pollard Banknote from C$36.00 to C$41.00 and gave the stock an “outperform” rating in a report on Thursday, March 12th. Raymond James Financial reduced their target price on shares of Pollard Banknote from C$33.00 to C$29.00 and set an “outperform” rating for the company in a report on Thursday, March 12th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Pollard Banknote presently has a consensus rating of “Buy” and a consensus price target of C$34.67.

About Pollard Banknote

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.