Spin Master (TOY) Scheduled to Post Earnings on Tuesday

Spin Master (TSE:TOY) will release its earnings data after the market closes on Tuesday, May 7th. Analysts expect Spin Master to post earnings of C$0.05 per share for the quarter.

Spin Master (TSE:TOY) last issued its quarterly earnings data on Wednesday, February 28th. The company reported C$0.26 EPS for the quarter, topping analysts’ consensus estimates of C$0.14 by C$0.12. Spin Master had a net margin of 7.95% and a return on equity of 11.34%. The business had revenue of C$684.30 million for the quarter, compared to analysts’ expectations of C$681.03 million.

Spin Master Stock Performance

TOY opened at C$30.76 on Tuesday. The firm has a fifty day moving average price of C$32.98 and a 200 day moving average price of C$33.93. Spin Master has a 1 year low of C$30.22 and a 1 year high of C$39.55. The stock has a market cap of C$1.08 billion, a P/E ratio of 15.86, a P/E/G ratio of 2.98 and a beta of 1.87. The company has a debt-to-equity ratio of 4.38, a current ratio of 2.95 and a quick ratio of 2.06.

Spin Master Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, April 12th were issued a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 dividend on an annualized basis and a yield of 0.78%. Spin Master’s payout ratio is 12.37%.

Insider Transactions at Spin Master

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. TD Securities upgraded Spin Master from a “buy” rating to an “action list buy” rating and dropped their target price for the company from C$50.00 to C$48.00 in a research report on Wednesday, January 24th. Royal Bank of Canada dropped their price objective on Spin Master from C$50.00 to C$46.00 and set an “outperform” rating on the stock in a report on Monday, March 18th. Jefferies Financial Group reduced their target price on Spin Master from C$41.00 to C$40.00 and set a “hold” rating for the company in a research note on Thursday, February 15th. Canaccord Genuity Group dropped their price target on shares of Spin Master from C$52.00 to C$51.00 and set a “buy” rating on the stock in a research note on Tuesday, January 23rd. Finally, CIBC reduced their price objective on shares of Spin Master from C$44.00 to C$41.00 and set an “outperform” rating for the company in a research report on Friday, March 1st. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$47.13.

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 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.