FY2025 EPS Estimates for Pollard Banknote Limited Raised by Cormark (TSE:PBL)

Pollard Banknote Limited (TSE:PBL - Free Report) - Equities research analysts at Cormark upped their FY2025 earnings estimates for shares of Pollard Banknote in a note issued to investors on Wednesday, April 24th. Cormark analyst D. Mcfadgen now expects that the company will earn $1.98 per share for the year, up from their previous forecast of $1.97. The consensus estimate for Pollard Banknote's current full-year earnings is $1.49 per share.

Pollard Banknote (TSE:PBL - Get Free Report) last posted its earnings results on Tuesday, March 5th. The company reported C$0.41 earnings per share for the quarter. Pollard Banknote had a net margin of 6.04% and a return on equity of 11.93%. The firm had revenue of C$135.50 million during the quarter, compared to the consensus estimate of C$134.80 million.

Other analysts have also issued research reports about the company. Canaccord Genuity Group upped their target price on Pollard Banknote from C$37.00 to C$40.00 in a report on Wednesday, March 6th. Acumen Capital upped their target price on Pollard Banknote from C$45.00 to C$47.00 and gave the company a "buy" rating in a research report on Thursday, March 7th. Finally, Raymond James increased their price target on Pollard Banknote from C$37.00 to C$43.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 6th.

Pollard Banknote Price Performance

PBL stock traded up C$0.94 during midday trading on Friday, hitting C$36.32. The company's stock had a trading volume of 19,981 shares, compared to its average volume of 7,495. The company has a 50 day moving average of C$35.72 and a two-hundred day moving average of C$32.95. Pollard Banknote has a 12 month low of C$22.63 and a 12 month high of C$37.75. The firm has a market capitalization of C$979.55 million, a price-to-earnings ratio of 31.58 and a beta of 0.63. The company has a quick ratio of 1.01, a current ratio of 1.81 and a debt-to-equity ratio of 49.94.

Insiders Place Their Bets

In related news, Senior Officer Robert Brock Young sold 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$34.62, for a total transaction of C$173,100.00. In other Pollard Banknote news, Senior Officer Robert Brock Young sold 5,000 shares of Pollard Banknote stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of C$34.62, for a total value of C$173,100.00. Also, Senior Officer Jennifer Doris Westbury sold 4,500 shares of Pollard Banknote stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$37.00, for a total transaction of C$166,500.00. 64.32% of the stock is currently owned by company insiders.

Pollard Banknote Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were given a dividend of $0.05 per share. This is a positive change from Pollard Banknote's previous quarterly dividend of $0.04. This represents a $0.20 annualized dividend and a yield of 0.55%. The ex-dividend date was Wednesday, March 27th. Pollard Banknote's dividend payout ratio is presently 17.39%.

About Pollard Banknote

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.