FY2024 EPS Estimates for Pollard Banknote Raised by Cormark

Pollard Banknote Limited (TSE:PBL) – Analysts at Cormark boosted their FY2024 earnings per share (EPS) estimates for Pollard Banknote in a research note issued on Wednesday, November 20th. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of $1.91 per share for the year, up from their prior forecast of $1.54. The consensus estimate for Pollard Banknote’s current full-year earnings is $2.03 per share. Cormark also issued estimates for Pollard Banknote’s FY2025 earnings at $2.38 EPS.

Several other brokerages also recently commented on PBL. Raymond James raised their price objective on Pollard Banknote from C$44.00 to C$46.00 in a research note on Friday, November 15th. Acumen Capital decreased their target price on shares of Pollard Banknote from C$47.00 to C$28.00 and set a “buy” rating for the company in a research report on Wednesday, August 7th. Finally, Canaccord Genuity Group boosted their price target on Pollard Banknote from C$32.00 to C$36.00 and gave the stock a “buy” rating in a research report on Tuesday, August 27th.

Pollard Banknote Stock Down 1.0 %

Pollard Banknote stock opened at C$25.40 on Monday. The company’s 50 day simple moving average is C$25.20 and its 200 day simple moving average is C$26.82. 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 firm has a market capitalization of C$687.32 million, a price-to-earnings ratio of 18.27 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.

Insider Buying and Selling at Pollard Banknote

In related news, Senior Officer Riva Jean Richard sold 2,000 shares of Pollard Banknote stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$26.13, for a total transaction of C$52,260.00. Insiders have sold a total of 4,300 shares of company stock worth $110,510 over the last ninety days. Insiders own 64.02% of the company’s stock.

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.