Pollard Banknote (TSE:PBL) Posts Earnings Results

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

Pollard Banknote Stock Up 0.2%

PBL stock opened at C$16.30 on Friday. Pollard Banknote has a fifty-two week low of C$15.70 and a fifty-two week high of C$20.88. The business’s 50-day moving average is C$16.80 and its two-hundred day moving average is C$17.61. The company has a debt-to-equity ratio of 49.61, a quick ratio of 1.00 and a current ratio of 1.71. The company has a market cap of C$441.14 million, a price-to-earnings ratio of 16.63 and a beta of 1.43.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on PBL. Raymond James Financial upgraded shares of Pollard Banknote from a “market perform” rating to an “outperform” rating and increased their price objective for the company from C$21.50 to C$28.00 in a research report on Friday, August 14th. ATB Cormark Capital Markets cut their target price 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 equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Pollard Banknote has a consensus rating of “Buy” and an average target price 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.