FY2023 Earnings Forecast for Pollard Banknote Limited (TSE:PBL) Issued By Raymond James

Pollard Banknote Limited (TSE:PBLGet Rating) – Analysts at Raymond James dropped their FY2023 earnings per share (EPS) estimates for Pollard Banknote in a research note issued to investors on Tuesday, January 17th. Raymond James analyst S. Boland now expects that the company will post earnings of $0.87 per share for the year, down from their previous forecast of $1.14. Raymond James currently has a “Outperform” rating and a $24.00 target price on the stock. The consensus estimate for Pollard Banknote’s current full-year earnings is $1.05 per share.

Pollard Banknote (TSE:PBLGet Rating) last issued its quarterly earnings results on Wednesday, November 9th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$125.52 million for the quarter, compared to the consensus estimate of C$128.05 million.

Several other brokerages also recently commented on PBL. Cormark set a C$25.00 price target on shares of Pollard Banknote in a report on Monday, November 14th. Canaccord Genuity Group lowered their price objective on shares of Pollard Banknote from C$22.00 to C$18.50 in a report on Thursday, November 10th.

Pollard Banknote Stock Up 1.6 %

PBL opened at C$18.28 on Friday. The company has a 50 day moving average of C$18.59 and a 200 day moving average of C$19.12. The company has a market cap of C$492.06 million and a PE ratio of 35.84. Pollard Banknote has a 12 month low of C$15.77 and a 12 month high of C$38.10. The company has a current ratio of 2.05, a quick ratio of 1.01 and a debt-to-equity ratio of 63.61.

Pollard Banknote Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 13th. Stockholders of record on Saturday, December 31st were paid a $0.04 dividend. The ex-dividend date was Thursday, December 29th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.88%. Pollard Banknote’s dividend payout ratio is presently 31.37%.

About Pollard Banknote

(Get Rating)

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 Charitable Gaming, and eGaming Systems. It designs, manufactures, and distributes instant tickets, as well as offers related services.

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