National Bankshares Lowers Spin Master (TSE:TOY) Price Target to C$43.00

Spin Master (TSE:TOY) had its target price decreased by investment analysts at National Bankshares from C$46.00 to C$43.00 in a report released on Thursday, BayStreet.CA reports. National Bankshares’ price target indicates a potential upside of 25.25% from the stock’s current price.

Several other brokerages also recently issued reports on TOY. Royal Bank of Canada raised their price objective on shares of Spin Master from C$49.00 to C$51.00 and gave the stock an “outperform” rating in a research report on Thursday, October 12th. CIBC lifted their price target on shares of Spin Master from C$48.00 to C$50.00 and gave the company an “outperform” rating in a research report on Friday, October 13th. Cormark lifted their price target on shares of Spin Master from C$54.00 to C$61.00 and gave the company a “buy” rating in a research report on Thursday, October 12th. Canaccord Genuity Group lifted their price target on shares of Spin Master from C$50.00 to C$60.00 and gave the company a “buy” rating in a research report on Thursday, October 12th. Finally, Stifel Nicolaus dropped their price target on shares of Spin Master from C$54.00 to C$50.00 in a research report on Friday, October 27th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$50.19.

Spin Master Trading Up 1.0 %

Shares of TOY stock opened at C$34.33 on Thursday. The firm has a 50 day moving average price of C$35.09 and a two-hundred day moving average price of C$35.26. The company has a quick ratio of 2.06, a current ratio of 2.79 and a debt-to-equity ratio of 5.19. The company has a market capitalization of C$1.20 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 5.42 and a beta of 1.89. Spin Master has a 12-month low of C$30.63 and a 12-month high of C$39.55.

Spin Master (TSE:TOY) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported C$0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.33 by C$0.28. The firm had revenue of C$565.11 million during the quarter, compared to the consensus estimate of C$584.53 million. Spin Master had a net margin of 8.63% and a return on equity of 12.53%. As a group, analysts predict that Spin Master will post 3.2033272 earnings per share for the current year.

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, and digital games in North America, Europe, and internationally. The company operates through three segments: Toys, Entertainment, and Digital Games.