FY2025 EPS Forecast for Pollard Banknote Reduced by Analyst

Pollard Banknote Limited (TSE:PBL) – Analysts at Cormark decreased their FY2025 earnings estimates for Pollard Banknote in a research note issued on Wednesday, October 23rd. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings per share of $1.84 for the year, down from their prior forecast of $1.92. The consensus estimate for Pollard Banknote’s current full-year earnings is $2.03 per share.

Other analysts have also recently issued research reports about the stock. Acumen Capital cut their target price on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating for the company in a research note on Wednesday, August 7th. Canaccord Genuity Group raised 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 research note on Tuesday, August 27th. Finally, Raymond James raised their target price on shares of Pollard Banknote from C$40.50 to C$44.00 in a research note on Thursday, August 15th.

Pollard Banknote Stock Performance

TSE PBL opened at C$23.80 on Friday. The firm has a 50-day moving average of C$24.82 and a 200-day moving average of C$28.70. The company has a debt-to-equity ratio of 45.40, a quick ratio of 1.01 and a current ratio of 1.78. The stock has a market cap of C$644.03 million, a PE ratio of 17.12 and a beta of 0.63. Pollard Banknote has a 52-week low of C$17.95 and a 52-week high of C$37.75.

Pollard Banknote (TSE:PBL) last announced its quarterly 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 analysts’ expectations of C$138.58 million. Pollard Banknote had a net margin of 7.17% and a return on equity of 13.34%.

Pollard Banknote Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend was Friday, September 27th. Pollard Banknote’s dividend payout ratio 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 dated Tuesday, September 24th. The shares were sold at an average price of C$26.13, for a total transaction of C$52,260.00. Over the last three months, insiders have sold 4,300 shares of company stock valued at $110,510. 64.02% of the stock is owned by company insiders.

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.