Analysts Set Spin Master Corp. (TSE:TOY) PT at C$40.86

Spin Master Corp. (TSE:TOY) has received an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$37.75.

A number of research analysts have recently commented on the company. TD Securities cut their target price on Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a research note on Wednesday. Cormark upped their target price on Spin Master from C$42.00 to C$45.00 in a research note on Friday, November 1st. National Bankshares lowered their price target on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating for the company in a report on Wednesday. Canaccord Genuity Group lowered their price target on Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Stifel Nicolaus lowered their price target on Spin Master from C$45.00 to C$40.00 and set a “buy” rating for the company in a report on Wednesday.

Spin Master Trading Up 0.4 %

Shares of TSE TOY opened at C$27.41 on Wednesday. The business’s 50 day moving average is C$31.57 and its two-hundred day moving average is C$31.67. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. Spin Master has a 1-year low of C$26.67 and a 1-year high of C$35.44. The stock has a market capitalization of C$2.01 billion, a P/E ratio of 64.87, a PEG ratio of 0.57 and a beta of 1.86.

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 given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend was Friday, December 27th. Spin Master’s dividend payout ratio is currently 113.60%.

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.