Spin Master Corp. (TSE:TOY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Spin Master Corp. (TSE:TOY) have received an average rating of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$44.50.

Several equities analysts have recently issued reports on the stock. Royal Bank of Canada decreased their price target on shares of Spin Master from C$50.00 to C$46.00 and set an “outperform” rating for the company in a report on Monday, March 18th. CIBC cut their price objective on shares of Spin Master from C$41.00 to C$37.00 in a research report on Thursday, May 9th. Stifel Nicolaus cut their price objective on shares of Spin Master from C$50.00 to C$45.00 in a research report on Thursday, May 9th. National Bankshares cut their price objective on shares of Spin Master from C$40.00 to C$35.00 in a research report on Thursday, May 9th. Finally, National Bank Financial cut shares of Spin Master from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research report on Wednesday, May 8th.

Spin Master Price Performance

TOY opened at C$29.28 on Tuesday. The company has a fifty day moving average price of C$30.08 and a two-hundred day moving average price of C$32.63. The company has a debt-to-equity ratio of 46.93, a quick ratio of 2.06 and a current ratio of 1.09. Spin Master has a 52 week low of C$27.52 and a 52 week high of C$37.73. The firm has a market capitalization of C$1.03 billion, a PE ratio of 23.42, a P/E/G ratio of 0.58 and a beta of 1.87.

Spin Master (TSE:TOY) last released its earnings results on Tuesday, May 7th. The company reported C($0.26) EPS for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.32). Spin Master had a return on equity of 7.63% and a net margin of 5.05%. As a group, analysts anticipate that Spin Master will post 2.8894422 earnings per share for the current year.

Spin Master Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Investors of record on Friday, June 28th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.64%. This is a positive change from Spin Master’s previous quarterly dividend of $0.06. Spin Master’s dividend payout ratio is 38.40%.

Spin Master Company Profile

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.