Spin Master Corp. (TSE:TOY) Senior Officer Douglas Wadleigh Sells 2,094 Shares of Stock

Spin Master Corp. (TSE:TOY) Senior Officer Douglas Wadleigh sold 2,094 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of C$29.70, for a total value of C$62,187.19.

Spin Master Trading Down 1.1 %

TOY opened at C$31.00 on Friday. Spin Master Corp. has a fifty-two week low of C$27.52 and a fifty-two week high of C$37.73. The firm has a market capitalization of C$1.08 billion, a PE ratio of 54.39, a P/E/G ratio of 0.57 and a beta of 1.87. 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 company’s 50-day moving average is C$31.16 and its 200 day moving average is C$30.89.

Spin Master (TSE:TOY) last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$0.12 EPS for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.03). Spin Master had a return on equity of 3.56% and a net margin of 2.37%. The company had revenue of C$563.71 million for the quarter, compared to the consensus estimate of C$583.31 million. As a group, research analysts predict that Spin Master Corp. will post 3.144958 earnings per share for the current fiscal year.

Spin Master Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Friday, July 12th were given a $0.12 dividend. This is a positive change from Spin Master’s previous quarterly dividend of $0.06. This represents a $0.48 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend was Friday, June 28th. Spin Master’s dividend payout ratio is presently 84.21%.

Analyst Ratings Changes

Separately, Royal Bank of Canada increased their price target on Spin Master from C$46.00 to C$47.00 in a report on Wednesday, July 24th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Spin Master presently has an average rating of “Moderate Buy” and an average target price of C$44.63.

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.