Spin Master (TSE:TOY) PT Set at C$46.00 by TD Securities

Spin Master (TSE:TOY) has been given a C$46.00 price objective by investment analysts at TD Securities in a report issued on Tuesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 45.99% from the company’s current price.

Separately, Royal Bank of Canada increased their price target on shares of Spin Master from C$46.00 to C$47.00 in a research 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 stock. Based on data from MarketBeat.com, Spin Master presently has an average rating of “Moderate Buy” and a consensus price target of C$44.63.

Spin Master Trading Up 2.0 %

Shares of TSE TOY traded up C$0.63 on Tuesday, reaching C$31.51. 55,820 shares of the company traded hands, compared to its average volume of 88,731. Spin Master has a fifty-two week low of C$27.52 and a fifty-two week high of C$37.73. The company has a current ratio of 1.02, a quick ratio of 2.06 and a debt-to-equity ratio of 47.83. The company has a 50 day moving average of C$31.19 and a 200 day moving average of C$30.87. The stock has a market capitalization of C$1.09 billion, a PE ratio of 55.40, a P/E/G ratio of 0.57 and a beta of 1.87.

Spin Master (TSE:TOY) last released its quarterly earnings results on Tuesday, July 30th. The company reported C$0.12 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.03). Spin Master had a net margin of 2.37% and a return on equity of 3.56%. The firm had revenue of C$563.71 million for the quarter, compared to analyst estimates of C$583.31 million. On average, equities research analysts forecast that Spin Master will post 3.144958 earnings per share for the current fiscal year.

Insider Transactions at Spin Master

In other news, Senior Officer Douglas Wadleigh sold 2,094 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of C$29.70, for a total value of C$62,187.19. In other news, Senior Officer Tara Lise Deakin sold 2,000 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$33.27, for a total transaction of C$66,532.60. Also, Senior Officer Douglas Wadleigh sold 2,094 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of C$29.70, for a total transaction of C$62,187.19. In the last quarter, insiders have sold 33,498 shares of company stock valued at $1,063,920. 2.20% of the stock is owned by insiders.

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.