Spin Master Corp. (TSE:TOY) Given Average Rating of “Buy” by Analysts

Spin Master Corp. (TSE:TOYGet Rating) has received a consensus recommendation of “Buy” from the eleven analysts that are covering the company, 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 updated their coverage on the stock in the last year is C$58.20.

TOY has been the subject of a number of recent analyst reports. TD Securities boosted their price objective on shares of Spin Master from C$58.00 to C$60.00 and gave the stock a “buy” rating in a report on Wednesday, March 2nd. Canaccord Genuity Group boosted their price objective on shares of Spin Master from C$56.00 to C$60.00 in a report on Wednesday, March 2nd. National Bank Financial restated an “outperform overweight” rating on shares of Spin Master in a report on Tuesday, February 1st. Scotiabank boosted their price objective on shares of Spin Master from C$52.00 to C$55.00 in a report on Wednesday, February 2nd. Finally, National Bankshares boosted their price objective on shares of Spin Master from C$63.00 to C$66.00 and gave the stock an “outperform” rating in a report on Tuesday, March 1st.

Shares of TOY stock traded down C$0.12 during trading hours on Friday, hitting C$45.01. 44,700 shares of the company’s stock traded hands, compared to its average volume of 62,851. The stock’s fifty day simple moving average is C$44.71 and its two-hundred day simple moving average is C$44.77. Spin Master has a 12-month low of C$37.88 and a 12-month high of C$54.18. The stock has a market cap of C$1.43 billion and a price-to-earnings ratio of 18.95. The company has a quick ratio of 1.70, a current ratio of 1.99 and a debt-to-equity ratio of 6.94.

Spin Master (TSE:TOYGet Rating) last released its earnings results on Monday, February 28th. The company reported C$0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.25 by C$0.05. The business had revenue of C$495.06 million for the quarter, compared to analysts’ expectations of C$783.90 million. On average, equities analysts forecast that Spin Master will post 2.9200001 earnings per share for the current fiscal year.

About Spin Master (Get Rating)

Spin Master Corp., a children's entertainment company, creates, designs, manufactures, licenses, and markets various toys, entertainment franchises, and digital games in North America, Europe, and internationally. Its product categories include activities, games and puzzles, and plush; preschool, dolls, and interactive; wheels and action; and outdoor.

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Analyst Recommendations for Spin Master (TSE:TOY)

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