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

Spin Master Corp. (TSE:TOY – Get Rating) has been assigned a consensus rating of “Buy” from the twelve ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$62.27.

TOY has been the topic of several research analyst reports. Jefferies Financial Group raised their price objective on Spin Master from C$58.00 to C$60.00 in a research note on Friday, May 6th. Stifel Nicolaus raised their price objective on Spin Master from C$60.00 to C$62.00 in a research note on Friday, May 6th. Scotiabank raised their target price on Spin Master from C$55.00 to C$58.00 in a research note on Monday, May 9th. CIBC raised their target price on Spin Master from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research note on Sunday, May 8th. Finally, Canaccord Genuity Group raised their target price on Spin Master from C$60.00 to C$67.00 in a research note on Friday, May 6th.

Shares of TOY opened at C$44.85 on Monday. The business’s fifty day moving average price is C$44.82 and its 200 day moving average price is C$45.17. 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 capitalization of C$4.62 billion and a PE ratio of 15.31. The company has a debt-to-equity ratio of 6.82, a current ratio of 2.67 and a quick ratio of 2.15.

Spin Master (TSE:TOY – Get Rating) last announced its quarterly earnings data on Monday, February 28th. The company reported C$0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.25 by C$0.05. The firm had revenue of C$495.06 million for the quarter, compared to the consensus estimate of C$783.90 million. As a group, research analysts anticipate that Spin Master will post 3.2800001 earnings per share for the current fiscal year.

Spin Master Company Profile (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.

Featured Articles