Spin Master Corp. (TSE:TOY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Spin Master Corp. (TSE:TOY) have earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$40.86.

Several equities analysts have issued reports on the company. Royal Bank of Canada cut their price objective on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Cormark lifted their price target on Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st.

Spin Master Price Performance

Shares of Spin Master stock opened at C$32.20 on Wednesday. The firm has a market cap of C$1.12 billion, a P/E ratio of 56.49, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02. Spin Master has a twelve month low of C$27.52 and a twelve month high of C$36.03. The firm’s 50-day simple moving average is C$32.83 and its 200-day simple moving average is C$31.68.

Spin Master (TSE:TOY) last released its quarterly earnings data on Wednesday, October 30th. The company reported C$2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.24 by C($0.06). Spin Master had a return on equity of 3.56% and a net margin of 2.37%. During the same period last year, the business earned $1.80 EPS. As a group, research analysts expect that Spin Master will post 3.1361829 EPS for the current fiscal year.

Spin Master Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend was Friday, December 27th. Spin Master’s payout ratio is currently 84.21%.

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.