Cormark Decreases Earnings Estimates for Pollard Banknote

Key Points

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Pollard Banknote Limited (TSE:PBL - Free Report) - Cormark reduced their FY2025 earnings per share (EPS) estimates for shares of Pollard Banknote in a research note issued on Monday, August 18th. Cormark analyst D. Mcfadgen now anticipates that the company will earn $1.74 per share for the year, down from their prior estimate 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 price objective on Pollard Banknote from C$39.00 to C$34.00 in a research note on Friday, August 15th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of C$35.67.

Pollard Banknote Stock Performance

TSE:PBL traded up C$0.34 during trading on Tuesday, reaching C$20.70. The company's stock had a trading volume of 1,857 shares, compared to its average volume of 18,993. The firm has a market cap of C$570.99 million, a price-to-earnings ratio of 11.87 and a beta of 0.63. The company has a debt-to-equity ratio of 51.70, a quick ratio of 1.01 and a current ratio of 1.87. The firm has a 50 day moving average of C$21.76 and a 200-day moving average of C$21.56. Pollard Banknote has a 12 month low of C$17.19 and a 12 month high of C$29.89.

Pollard Banknote Dividend Announcement

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