Spin Master Corp. (TSE:TOY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Spin Master Corp. (TSE:TOY) have received a consensus recommendation of “Moderate Buy” from the eleven research firms that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$27.63.

A number of equities research analysts have recently issued reports on TOY shares. Cormark cut their target price on Spin Master from C$44.00 to C$39.00 in a research report on Friday, October 31st. Seaport Res Ptn upgraded Spin Master to a “strong-buy” rating in a report on Monday, November 10th. CIBC upped their price objective on shares of Spin Master from C$23.00 to C$25.00 in a research note on Friday, October 31st. TD Securities raised their target price on shares of Spin Master from C$29.00 to C$30.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, Canaccord Genuity Group reduced their price target on shares of Spin Master from C$24.00 to C$20.00 in a research report on Wednesday, October 22nd.

Spin Master Trading Down 1.2%

Shares of TSE:TOY opened at C$20.14 on Tuesday. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14. The stock has a market capitalization of C$2.03 billion, a price-to-earnings ratio of 37.30, a PEG ratio of 0.57 and a beta of 0.62. Spin Master has a 1-year low of C$18.51 and a 1-year high of C$34.45. The company has a 50 day moving average price of C$20.04 and a 200 day moving average price of C$21.79.

Spin Master (TSE:TOY) last announced its quarterly earnings data on Thursday, October 30th. The company reported C$1.11 EPS for the quarter. The company had revenue of C$1.02 billion during the quarter. Spin Master had a return on equity of 2.24% and a net margin of 1.45%. On average, research analysts anticipate that Spin Master will post 3.1361829 EPS for the current fiscal year.

Spin Master Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Friday, January 9th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, December 24th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.4%. Spin Master’s dividend payout ratio is presently 63.22%.

Spin Master Company Profile

Spin Master is a children’s entertainment company operating in the roughly $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, boys, preschool and girls, and activities games and puzzles and plush). Spin Master has increased brand awareness via homegrown brands including Paw Patrol, Rusty Rivets, and Bakugan but has leaned on a robust acquisition strategy to reach adjacent markets through tie-ups like Rubik’s, Swimways, and Cardinal Games.