Q4 EPS Estimates for Spin Master Increased by Analyst

Spin Master Corp. (TSE:TOY) – Research analysts at National Bank Financial boosted their Q4 2024 earnings per share estimates for Spin Master in a research note issued to investors on Wednesday, October 30th. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $1.50 for the quarter, up from their previous estimate of $1.46. The consensus estimate for Spin Master’s current full-year earnings is $3.14 per share.

Other research analysts have also issued reports about the company. Royal Bank of Canada cut their target price on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a research report on Friday. TD Securities set a C$46.00 price objective on shares of Spin Master and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Finally, Cormark lifted their target price on shares of Spin Master from C$42.00 to C$45.00 in a report on Friday. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$42.13.

Spin Master Stock Performance

TSE TOY opened at C$30.74 on Friday. 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 market capitalization of C$1.07 billion, a PE ratio of 53.93, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The business’s 50-day moving average price is C$31.49 and its 200 day moving average price is C$30.58. Spin Master has a twelve month low of C$27.52 and a twelve month high of C$36.82.

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). The business had revenue of C$563.71 million during the quarter, compared to analyst estimates of C$583.31 million. Spin Master had a net margin of 2.37% and a return on equity of 3.56%.

Spin Master Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, December 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.56%. Spin Master’s dividend payout ratio is currently 84.21%.

Insider Buying and Selling

In related news, Senior Officer Tara Lise Deakin sold 24,700 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of C$31.87, for a total value of C$787,235.93. In other news, Senior Officer Tara Lise Deakin sold 24,700 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of C$31.87, for a total value of C$787,235.93. Also, Director Chi Wah Yuen sold 4,704 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of C$31.45, for a total transaction of C$147,963.85. Insiders have sold a total of 33,498 shares of company stock valued at $1,063,920 in the last quarter. Company insiders own 2.20% of the company’s stock.

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.