National Bank Financial Weighs in on Spin Master Corp.’s Q4 2024 Earnings (TSE:TOY)

Spin Master Corp. (TSE:TOY) – Analysts at National Bank Financial upped their Q4 2024 earnings per share estimates for Spin Master in a report released on Monday, September 30th. National Bank Financial analyst A. Shine now expects that the company will earn $1.46 per share for the quarter, up from their prior forecast of $1.28.

Spin Master (TSE:TOY) last issued its quarterly earnings results on Tuesday, July 30th. The company reported C$0.12 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of C$563.71 million during the quarter, compared to analyst estimates of C$583.31 million.

A number of other equities research analysts have also commented on TOY. TD Securities set a C$46.00 price objective on shares of Spin Master and gave the company a “buy” rating in a research note on Tuesday, September 24th. Royal Bank of Canada upped 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$44.63.

Spin Master Stock Performance

Shares of TOY stock opened at C$31.00 on Wednesday. The company has a debt-to-equity ratio of 47.83, a current ratio of 1.02 and a quick ratio of 2.06. Spin Master has a one year low of C$27.52 and a one year high of C$37.73. The business’s 50 day simple moving average is C$31.29 and its 200 day simple moving average is C$30.85. The stock has a market capitalization of C$1.08 billion, a PE ratio of 54.39, a PEG ratio of 0.57 and a beta of 1.87.

Insider Activity

In other Spin Master news, Director Chi Wah Yuen sold 4,704 shares of the stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of C$31.45, for a total value of C$147,963.85. In other news, Director Chi Wah Yuen sold 4,704 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of C$31.45, for a total transaction of C$147,963.85. Also, Senior Officer Tara Lise Deakin sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$33.27, for a total value of C$66,532.60. Over the last 90 days, insiders have sold 33,498 shares of company stock worth $1,063,920. Company insiders own 2.20% of the company’s stock.

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.