Spin Master Corp Expected to Earn Q3 2016 Earnings of $1.12 Per Share (TOY)
Spin Master Corp (TSE:TOY) – Equities research analysts at Cormark issued their Q3 2016 earnings per share estimates for shares of Spin Master Corp in a research report issued to clients and investors on Thursday. Cormark analyst D. Mcfadgen anticipates that the brokerage will post earnings of $1.12 per share for the quarter. Cormark has a “Buy” rating on the stock. Cormark also issued estimates for Spin Master Corp’s Q4 2016 earnings at $0.08 EPS, FY2016 earnings at $1.56 EPS, FY2017 earnings at $1.73 EPS, FY2018 earnings at $1.91 EPS and FY2019 earnings at $2.06 EPS.
Several other equities research analysts also recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and set a C$30.00 price objective on shares of Spin Master Corp in a research report on Friday, June 17th. CIBC restated an “outperform” rating on shares of Spin Master Corp in a research report on Tuesday, September 13th. TD Securities raised their price objective on shares of Spin Master Corp from C$30.00 to C$33.00 and gave the stock a “buy” rating in a research report on Friday, August 5th. RBC Capital Markets raised their price objective on shares of Spin Master Corp from C$30.00 to C$31.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 3rd. Finally, National Bank Financial raised their price objective on shares of Spin Master Corp from C$32.50 to C$34.00 and gave the stock an “outperform” rating in a research report on Monday, August 8th. Seven equities research analysts have rated the stock with a buy rating, Spin Master Corp currently has a consensus rating of “Buy” and an average price target of C$31.80.
Shares of Spin Master Corp (TSE:TOY) opened at 31.92 on Monday. Spin Master Corp has a 1-year low of $17.75 and a 1-year high of $34.00. The stock has a 50 day moving average price of $30.28 and a 200 day moving average price of $26.72. The company has a market capitalization of $3.25 billion and a price-to-earnings ratio of 63.84.
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Spin Master Corp Company Profile
Spin Master Corp., formerly SML Investments Inc, is a Canada-based children’s entertainment company. The Company, through Spin Master Ltd. and its subsidiaries, is engaged in creating, designing, manufacturing and marketing a diversified portfolio of toys, games, products and entertainment properties.
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