Pollard Banknote (TSE:PBL) Posts Quarterly Earnings Results

Pollard Banknote (TSE:PBL) announced its earnings results on Friday. The company reported C$0.30 EPS for the quarter, FiscalAI reports. Pollard Banknote had a return on equity of 7.16% and a net margin of 4.48%. The company had revenue of C$158.90 million for the quarter.

Pollard Banknote Stock Up 0.2%

TSE:PBL opened at C$16.30 on Friday. The company has a 50-day moving average of C$16.80 and a 200 day moving average of C$17.61. Pollard Banknote has a 1-year low of C$15.70 and a 1-year high of C$20.88. The firm has a market cap of C$441.14 million, a PE ratio of 16.63 and a beta of 1.43. The company has a debt-to-equity ratio of 49.61, a current ratio of 1.71 and a quick ratio of 1.00.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Raymond James Financial upgraded Pollard Banknote from a “market perform” rating to an “outperform” rating and increased their price target for the stock from C$21.50 to C$28.00 in a report on Friday, August 14th. ATB Cormark Capital Markets reduced their price objective on shares of Pollard Banknote from C$32.00 to C$31.00 and set an “outperform” rating for the company in a research report on Tuesday, September 1st. Two investment analysts have rated the stock with a Buy rating. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$29.50.

Pollard Banknote Company Profile

Pollard Banknote is a partner of choice to responsibly drive revenues for good causes both at retail and through digital channels for lotteries and charitable gaming markets worldwide. We empower our customers to maximize success through innovative offerings, strategic marketing, portfolio management, analytics, and end-to-end warehousing and logistics services. We offer an extensive high-performing gaming lineup, including instant tickets, pull-tab tickets and vending machines, the full range of paper and electronic bingo products, and cutting-edge electronic pull-tab gaming solutions.