FY2024 EPS Estimates for Pollard Banknote Raised by Cormark

Pollard Banknote Limited (TSE:PBL) – Research analysts at Cormark lifted their FY2024 earnings per share estimates for Pollard Banknote in a report released on Thursday, January 23rd. Cormark analyst D. Mcfadgen now expects that the company will post earnings of $1.95 per share for the year, up from their previous forecast of $1.91. The consensus estimate for Pollard Banknote’s current full-year earnings is $2.03 per share. Cormark also issued estimates for Pollard Banknote’s Q4 2024 earnings at $0.55 EPS.

Separately, Raymond James raised their target price on Pollard Banknote from C$44.00 to C$46.00 in a research report on Friday, November 15th.

Pollard Banknote Price Performance

Shares of TSE:PBL opened at C$28.82 on Friday. The firm has a market capitalization of C$779.87 million, a PE ratio of 20.73 and a beta of 0.63. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 45.40. Pollard Banknote has a 1-year low of C$17.95 and a 1-year high of C$37.75. The business’s 50 day moving average is C$24.88 and its 200-day moving average is C$24.86.

Pollard Banknote Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.20 annualized dividend and a dividend yield of 0.69%. Pollard Banknote’s dividend payout ratio is currently 14.39%.

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.