FY2024 EPS Estimates for Pollard Banknote Boosted by Cormark

Pollard Banknote Limited (TSE:PBL) – Equities researchers at Cormark upped their FY2024 EPS estimates for Pollard Banknote in a research note issued to investors on Thursday, January 23rd. Cormark analyst D. Mcfadgen now forecasts that the company will earn $1.95 per share for the year, up from their prior estimate 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 upped their target price on shares of Pollard Banknote from C$44.00 to C$46.00 in a research note on Friday, November 15th.

Pollard Banknote Price Performance

TSE PBL opened at C$29.67 on Friday. The firm has a market cap of C$802.87 million, a P/E ratio of 21.35 and a beta of 0.63. Pollard Banknote has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.75. The company has a debt-to-equity ratio of 45.40, a current ratio of 1.78 and a quick ratio of 1.01. The stock’s 50-day moving average is C$25.05 and its two-hundred day moving average is C$24.92.

Pollard Banknote Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were issued 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 0.67%. 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.