What is Cormark’s Forecast for TSE:PBL FY2024 Earnings?

Pollard Banknote Limited (TSE:PBL) – Equities research analysts at Cormark upped their FY2024 earnings per share estimates for Pollard Banknote in a report issued on Thursday, January 23rd. Cormark analyst D. Mcfadgen now forecasts that the company will earn $1.95 per share for the year, up from their prior estimate of $1.91. The consensus estimate for Pollard Banknote’s current full-year earnings is $2.03 per share. Cormark also issued estimates for Pollard Banknote’s Q4 2024 earnings at $0.55 EPS.

Separately, Raymond James increased their target price on shares of Pollard Banknote from C$44.00 to C$46.00 in a report on Friday, November 15th.

Pollard Banknote Stock Performance

Shares of TSE:PBL opened at C$29.67 on Friday. The company has a market capitalization of C$802.87 million, a price-to-earnings ratio of 21.35 and a beta of 0.63. The firm’s 50 day simple moving average is C$24.98 and its 200 day simple moving average is C$24.89. The company has a debt-to-equity ratio of 45.40, a current ratio of 1.78 and a quick ratio of 1.01. Pollard Banknote has a fifty-two week low of C$17.95 and a fifty-two week high of C$37.75.

Pollard Banknote Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were given a $0.05 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.20 annualized dividend and a dividend yield of 0.67%. Pollard Banknote’s dividend payout ratio is presently 14.39%.

About Pollard Banknote

Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries and charitable gaming and eGaming systems. It provides instant tickets and lottery services including licensed products, distribution, SureTrack lottery management system, retail telephone selling, marketing, iLottery, digital products, Social InstantsTM, retail management services, and instant ticket vending machines.