FY2023 EPS estimates for Pollard Banknote Limited reduced by Cormark (TSE:PBL)
Pollard Banknote Limited (TSE:PBL – Get a rating) – Cormark analysts cut their earnings per share (EPS) estimates for fiscal year 2023 for Pollard Banknote shares in a research note published Tuesday, August 23. Cormark analyst D. Mcfadgen now expects the company to post earnings of $1.39 per share for the year, down from its previous forecast of $1.49. Pollard Banknote’s current annual earnings consensus estimate is $1.24 per share.
Other analysts have also recently released reports on the company. Raymond James cut his price target on Pollard Banknote from CA$47.00 to CA$29.00 and set an “outperform” rating for the company in a Friday, May 13 report. Acumen Capital reduced its target price on Pollard Banknote from CA$38.00 to CA$36.00 in a Friday, August 12 report.
Stock of Pollard banknotes up 0.1%
Pollard Banknote stock opened at C$20.01 on Thursday. Pollard Banknote has a fifty-two week low of CA$18.82 and a fifty-two week high of CA$51.53. The company has a debt ratio of 63.77, a quick ratio of 0.98 and a current ratio of 1.89. The company has a market capitalization of C$538.63 million and a P/E ratio of 40.02. The stock has a 50-day simple moving average of C$21.16 and a 200-day simple moving average of C$24.05.
Pollard Ticket (TSE:PBL – Get a rating) last announced its quarterly results on Wednesday, August 10. The company reported earnings per share (EPS) of CA$0.09 for the quarter. The company posted revenue of C$115.90 million for the quarter, compared to C$124.46 million expected by analysts.
Pollard Banknote Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 14. Investors of record on Friday, September 30 will receive a dividend of $0.04. This represents a dividend of $0.16 on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Wednesday, September 28. Pollard Banknote’s dividend payout ratio is currently 32.00%.
About the Pollard ticket
Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of gaming products and services for the lottery and charitable gaming industries worldwide. The Company operates through two segments, Lotteries and Charity Gaming, and eGaming Systems. It designs, manufactures and distributes instant tickets, as well as associated services.
This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Before you consider Pollard Banknote, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off… and Pollard Banknote was not on the list.
Although Pollard Banknote currently has a “moderate buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the five actions here