ATB Cormark Capital Markets Forecasts Strong Price Appreciation for Spin Master (TSE:TOY) Stock

Spin Master (TSE:TOY) had its price target hoisted by analysts at ATB Cormark Capital Markets from C$36.00 to C$38.00 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ target price points to a potential upside of 105.74% from the company’s previous close.

A number of other research firms also recently weighed in on TOY. Seaport Research Partners raised shares of Spin Master to a “strong-buy” rating in a research report on Monday, November 10th. Royal Bank Of Canada lowered their price target on shares of Spin Master from C$29.00 to C$27.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 3rd. National Bank Financial dropped their price objective on shares of Spin Master from C$27.00 to C$25.00 and set an “outperform” rating for the company in a research note on Tuesday, January 13th. Finally, TD Securities cut their price objective on shares of Spin Master from C$30.00 to C$26.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Spin Master presently has an average rating of “Moderate Buy” and an average target price of C$27.22.

Spin Master Price Performance

Shares of TSE TOY opened at C$18.47 on Friday. The firm has a market cap of C$1.86 billion, a P/E ratio of 34.20, a price-to-earnings-growth ratio of 0.57 and a beta of 0.75. The business’s 50 day moving average is C$19.36 and its 200-day moving average is C$20.18. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 37.50. Spin Master has a 1-year low of C$17.88 and a 1-year high of C$26.81.

Spin Master (TSE:TOY) last released its quarterly earnings results on Thursday, March 5th. The company reported C$0.56 earnings per share (EPS) for the quarter. Spin Master had a negative return on equity of 11.45% and a negative net margin of 7.22%.The business had revenue of C$818.82 million during the quarter. Equities research analysts predict that Spin Master will post 3.1361829 earnings per share for the current year.

Key Stories Impacting Spin Master

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

About Spin Master

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.