Cormark Has Bearish Estimate for TSE:PBL FY2025 Earnings

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Pollard Banknote Limited (TSE:PBL - Free Report) - Research analysts at Cormark cut their FY2025 EPS estimates for Pollard Banknote in a note issued to investors on Monday, August 18th. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of $1.74 per share for the year, down from their prior forecast of $1.93. The consensus estimate for Pollard Banknote's current full-year earnings is $2.03 per share. Cormark also issued estimates for Pollard Banknote's FY2026 earnings at $2.22 EPS.

Separately, Raymond James Financial reduced their target price on shares of Pollard Banknote from C$39.00 to C$34.00 in a research report on Friday, August 15th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$35.67.

Pollard Banknote Trading Up 1.7%

Pollard Banknote stock traded up C$0.34 during trading on Tuesday, reaching C$20.70. The company had a trading volume of 1,857 shares, compared to its average volume of 18,993. The company has a debt-to-equity ratio of 51.70, a quick ratio of 1.01 and a current ratio of 1.87. Pollard Banknote has a 12-month low of C$17.19 and a 12-month high of C$29.89. The stock's 50 day moving average price is C$21.76 and its two-hundred day moving average price is C$21.64. The firm has a market capitalization of C$570.99 million, a price-to-earnings ratio of 11.87 and a beta of 0.63.

Pollard Banknote Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Monday, June 30th. Pollard Banknote's payout ratio is currently 11.47%.

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.