Pollard Banknote (PBL) Set to Announce Earnings on Wednesday

Pollard Banknote (TSE:PBL) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 13th.

Pollard Banknote (TSE:PBL) last posted its earnings results on Tuesday, August 13th. The company reported C$0.43 earnings per share for the quarter. Pollard Banknote had a net margin of 7.17% and a return on equity of 13.34%. The firm had revenue of C$137.80 million during the quarter, compared to analyst estimates of C$138.58 million.

Pollard Banknote Price Performance

PBL stock opened at C$23.65 on Monday. The company has a fifty day simple moving average of C$25.01 and a two-hundred day simple moving average of C$27.73. Pollard Banknote has a 52 week low of C$17.95 and a 52 week high of C$37.75. The company has a quick ratio of 1.01, a current ratio of 1.78 and a debt-to-equity ratio of 45.40. The firm has a market capitalization of C$639.97 million, a P/E ratio of 17.01 and a beta of 0.63.

Pollard Banknote Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.20 annualized dividend and a yield of 0.85%. Pollard Banknote’s payout ratio is currently 14.39%.

Wall Street Analyst Weigh In

PBL has been the subject of a number of recent research reports. Canaccord Genuity Group lifted their target price on Pollard Banknote from C$32.00 to C$36.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. Raymond James raised their price target on Pollard Banknote from C$40.50 to C$44.00 in a research report on Thursday, August 15th. Acumen Capital cut their price objective on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating on the stock in a research report on Wednesday, August 7th. Finally, Cormark reduced their target price on shares of Pollard Banknote from C$34.00 to C$33.00 in a research note on Thursday, August 15th.

Insider Activity at Pollard Banknote

In other Pollard Banknote news, Senior Officer Riva Jean Richard sold 2,000 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$26.13, for a total value of C$52,260.00. Insiders sold a total of 4,300 shares of company stock worth $110,510 in the last quarter. 64.02% of the stock is owned by company insiders.

Pollard Banknote Company Profile

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.