Spin Master Corp. (TSE:TOY) Receives C$37.75 Consensus PT from Brokerages

Spin Master Corp. (TSE:TOY) has been given a consensus recommendation of “Moderate Buy” by the five analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is C$37.75.

A number of equities research analysts have recently weighed in on the stock. Stifel Nicolaus lowered their price objective on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating for the company in a report on Wednesday, February 26th. TD Securities lowered their price target on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. Canaccord Genuity Group reduced their price objective on Spin Master from C$44.00 to C$35.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. Royal Bank of Canada lowered their target price on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. Finally, National Bankshares reduced their price target on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 26th.

Spin Master Stock Performance

TSE:TOY opened at C$25.63 on Friday. The company has a market capitalization of C$1.88 billion, a price-to-earnings ratio of 60.66, a PEG ratio of 0.57 and a beta of 1.86. The business has a 50 day moving average of C$29.01 and a 200 day moving average of C$31.01. 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$25.00 and a 1-year high of C$35.44.

Spin Master Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, April 11th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Friday, March 28th. Spin Master’s payout ratio is 113.60%.

Insider Activity at Spin Master

In other news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total value of C$31,898.15. 2.20% of the stock is currently owned by company insiders.

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.