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

Shares of Spin Master Corp. (TSE:TOY) have been assigned a consensus recommendation of “Buy” from the eight brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$47.13.

Several research firms have recently commented on TOY. Royal Bank of Canada decreased their price objective on Spin Master from C$50.00 to C$46.00 and set an “outperform” rating for the company in a report on Monday, March 18th. CIBC decreased their price target on shares of Spin Master from C$44.00 to C$41.00 and set an “outperform” rating for the company in a research note on Friday, March 1st. TD Securities raised shares of Spin Master from a “buy” rating to an “action list buy” rating and dropped their price objective for the company from C$50.00 to C$48.00 in a research note on Wednesday, January 24th. National Bankshares decreased their target price on shares of Spin Master from C$42.00 to C$40.00 and set an “outperform” rating for the company in a research report on Friday, March 1st. Finally, Jefferies Financial Group dropped their price target on shares of Spin Master from C$41.00 to C$40.00 and set a “hold” rating on the stock in a research report on Thursday, February 15th.

Insider Buying and Selling at Spin Master

In related news, Senior Officer Chris Harrs sold 1,453 shares of Spin Master stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of C$33.25, for a total transaction of C$48,312.25. Company insiders own 1.59% of the company’s stock.

Spin Master Stock Down 2.6 %

Shares of TSE TOY opened at C$30.30 on Monday. The company has a quick ratio of 2.06, a current ratio of 2.95 and a debt-to-equity ratio of 4.38. The firm has a market cap of C$1.06 billion, a PE ratio of 15.62, a P/E/G ratio of 2.98 and a beta of 1.87. The company’s fifty day simple moving average is C$33.06 and its 200 day simple moving average is C$33.97. Spin Master has a 12-month low of C$30.22 and a 12-month high of C$39.55.

Spin Master (TSE:TOY) last issued its earnings results on Wednesday, February 28th. The company reported C$0.26 EPS for the quarter, beating the consensus estimate of C$0.14 by C$0.12. Spin Master had a return on equity of 11.34% and a net margin of 7.95%. The company had revenue of C$684.30 million during the quarter, compared to the consensus estimate of C$681.03 million. As a group, sell-side analysts forecast that Spin Master will post 2.9973592 earnings per share for the current fiscal year.

Spin Master Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, April 12th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date was Wednesday, March 27th. Spin Master’s payout ratio is 12.37%.

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.