Shares of Spin Master Corp. (TSE:TOY – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$27.20.
Several equities research analysts recently issued reports on the company. Jefferies Financial Group lifted their price objective on Spin Master from C$23.00 to C$26.00 and gave the company a “buy” rating in a research note on Friday, May 1st. TD upped their target price on Spin Master from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research note on Friday, July 3rd.
Read Our Latest Analysis on TOY
Spin Master Stock Performance
Spin Master (TSE:TOY – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported C($0.33) EPS for the quarter. The firm had revenue of C$456.71 million for the quarter. Spin Master had a negative net margin of 7.69% and a negative return on equity of 12.40%. As a group, analysts expect that Spin Master will post 3.1361829 earnings per share for the current fiscal year.
Spin Master Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, July 10th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.48 annualized dividend and a dividend yield of 2.1%. Spin Master’s payout ratio is presently -22.58%.
About Spin Master
Spin Master Corp. (TSX:TOY) is a leading global children’s entertainment company, creating exceptional play experiences across its three creative centres: Toys, Entertainment and Digital Games. With worldwide toy distribution, Spin Master is best known for award-winning brands including PAW Patrol ®, Melissa & Doug ®, Bakugan ® and Rubik’s ® Cube, and is the global toy licensee for other iconic properties. Through its in-house entertainment studio, the company creates and produces captivating multiplatform content including powerhouse preschool franchise PAW Patrol, along with other original shows, short-form series and feature films.
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