Spin Master Corp. (TSE:TOY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Spin Master Corp. (TSE:TOY) have received a consensus recommendation of “Moderate Buy” from the five ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$40.86.

Several equities analysts recently weighed in on TOY shares. Royal Bank of Canada decreased their target price on shares of Spin Master from C$46.00 to C$43.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Cormark increased their price target on shares of Spin Master from C$42.00 to C$45.00 in a research note on Friday, November 1st.

Spin Master Price Performance

Shares of TSE TOY opened at C$32.20 on Wednesday. The company has a debt-to-equity ratio of 47.83, a current ratio of 1.02 and a quick ratio of 2.06. The business has a 50-day moving average of C$32.83 and a 200-day moving average of C$31.68. The stock has a market capitalization of C$1.12 billion, a price-to-earnings ratio of 56.49, a PEG ratio of 0.57 and a beta of 1.86. Spin Master has a fifty-two week low of C$27.52 and a fifty-two week high of C$36.03.

Spin Master (TSE:TOY) last posted its quarterly earnings results on Wednesday, October 30th. The company reported C$2.18 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.24 by C($0.06). Spin Master had a net margin of 2.37% and a return on equity of 3.56%. During the same period in the prior year, the company earned $1.80 earnings per share. As a group, sell-side analysts predict that Spin Master will post 3.1361829 earnings per share for the current fiscal year.

Spin Master Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were given a dividend of $0.12 per share. The ex-dividend date was Friday, December 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.49%. Spin Master’s dividend payout ratio (DPR) is 84.21%.

About Spin Master

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.