Pollard Banknote (PBL) Set to Announce Quarterly Earnings on Wednesday

Pollard Banknote (TSE:PBL) will be posting its quarterly earnings results after the market closes on Wednesday, November 13th.

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

Pollard Banknote Price Performance

Shares of TSE PBL opened at C$23.65 on Monday. 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 quick ratio of 1.01 and a current ratio of 1.78. The company has a market cap of C$639.97 million, a PE ratio of 17.01 and a beta of 0.63. The business has a 50-day simple moving average of C$25.01 and a two-hundred day simple moving average of C$27.73.

Pollard Banknote Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 0.85%. Pollard Banknote’s payout ratio is 14.39%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Pollard Banknote

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

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.