Spin Master Corp. (TSE:TOY) Receives C$44.50 Average PT from Brokerages

Spin Master Corp. (TSE:TOYGet Free Report) has been given a consensus rating of “Moderate Buy” by the eight analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$44.50.

A number of research analysts have recently commented on TOY shares. Jefferies Financial Group dropped their price target on Spin Master from C$40.00 to C$35.00 in a research note on Thursday, May 9th. National Bankshares decreased their price objective on Spin Master from C$40.00 to C$35.00 in a report on Thursday, May 9th. Stifel Nicolaus decreased their price objective on Spin Master from C$50.00 to C$45.00 in a report on Thursday, May 9th. TD Securities decreased their price objective on Spin Master from C$48.00 to C$46.00 and set a “buy” rating for the company in a report on Thursday, May 9th. Finally, Royal Bank of Canada decreased their price objective on 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.

Read Our Latest Analysis on Spin Master

Spin Master Stock Up 1.5 %

Shares of TOY opened at C$28.82 on Tuesday. Spin Master has a 52 week low of C$27.52 and a 52 week high of C$37.73. The stock has a market capitalization of C$1.01 billion, a price-to-earnings ratio of 23.06, a PEG ratio of 0.58 and a beta of 1.87. The company has a debt-to-equity ratio of 46.93, a quick ratio of 2.06 and a current ratio of 1.09. The stock has a fifty day moving average of C$29.64 and a 200-day moving average of C$32.46.

Spin Master (TSE:TOYGet Free Report) last announced its quarterly 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 net margin of 5.05% and a return on equity of 7.63%. The firm had revenue of C$426.28 million during the quarter, compared to the consensus estimate of C$407.27 million. As a group, sell-side analysts anticipate that Spin Master will post 2.8894422 earnings per share for the current fiscal year.

Spin Master Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.12 per share. This is an increase from Spin Master’s previous quarterly dividend of $0.06. This represents a $0.48 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Friday, June 28th. Spin Master’s dividend payout ratio (DPR) is presently 38.40%.

About Spin Master

(Get Free Report

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.

Featured Stories

Analyst Recommendations for Spin Master (TSE:TOY)

Receive News & Ratings for Spin Master Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spin Master and related companies with MarketBeat.com's FREE daily email newsletter.