Canaccord Genuity Group Has Lowered Expectations for Spin Master (TSE:TOY) Stock Price

Spin Master (TSE:TOY) had its price objective dropped by equities researchers at Canaccord Genuity Group from C$22.00 to C$20.00 in a research report issued on Friday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 8.28% from the stock’s previous close.

A number of other brokerages have also recently weighed in on TOY. TD Securities reduced their price target on shares of Spin Master from C$30.00 to C$26.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. ATB Cormark Capital Markets raised their price objective on Spin Master from C$36.00 to C$38.00 and gave the stock an “outperform” rating in a research note on Friday. Royal Bank Of Canada reduced their target price on Spin Master from C$29.00 to C$27.00 and set an “outperform” rating on the stock in a report on Tuesday, February 3rd. Seaport Research Partners raised Spin Master to a “strong-buy” rating in a research note on Monday, November 10th. Finally, National Bank Financial lowered their price target on Spin Master from C$27.00 to C$25.00 and set an “outperform” rating for the company in a report on Tuesday, January 13th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Spin Master has a consensus rating of “Moderate Buy” and an average price target of C$27.22.

Spin Master Stock Performance

Shares of TSE:TOY opened at C$18.47 on Friday. The firm’s 50 day simple moving average is C$19.36 and its 200 day simple moving average is C$20.18. Spin Master has a fifty-two week low of C$17.88 and a fifty-two week high of C$26.81. The company has a market capitalization of C$1.86 billion, a price-to-earnings ratio of 34.20, a P/E/G ratio of 0.57 and a beta of 0.75. The company has a debt-to-equity ratio of 37.50, a current ratio of 1.14 and a quick ratio of 2.06.

Spin Master (TSE:TOY) last issued its quarterly earnings data on Thursday, March 5th. The company reported C$0.56 earnings per share (EPS) for the quarter. Spin Master had a negative net margin of 7.22% and a negative return on equity of 11.45%. The firm had revenue of C$818.82 million during the quarter. As a group, sell-side analysts forecast that Spin Master will post 3.1361829 earnings per share for the current year.

More Spin Master News

Here are the key news stories impacting Spin Master this week:

• Positive Sentiment: ATB Cormark raised its price target from C$36.00 to C$38.00 and keeps an “outperform” rating, signaling strong upside potential vs. the current share price. Article Title Tickerreport
• Positive Sentiment: Stifel Nicolaus nudged its target up from C$20.00 to C$21.00 and stayed at “hold,” a modest vote of confidence that trims downside risk. Article Title
• Neutral Sentiment: RBC reduced its target from C$27.00 to C$25.00 but maintained an “outperform” rating — a mixed signal (lower target but continued conviction). Article Title
• Negative Sentiment: Canaccord Genuity cut its target from C$22.00 to C$20.00 and put a “hold” rating on the stock, indicating reduced near-term expectations. Article Title
• Negative Sentiment: Spin Master reported Q4 results showing C$0.56 EPS and C$818.82M revenue but commentary and media coverage highlighted a holiday-quarter revenue decline and a reported fourth-quarter loss in some articles — these mixed/weak top-line signals are weighing on sentiment. Conference call slides and the press release are available for detail. Press Release Slide Deck
• Negative Sentiment: Media summaries and earnings-call coverage emphasize the holiday weakness and margin pressure, which can curb investor confidence until revenue growth and profitability stabilize. Q4 Loss Article

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.