Cormark Weighs in on Spin Master Corp’s FY2019 Earnings (TOY)
Spin Master Corp (TSE:TOY) – Cormark issued their FY2019 earnings per share estimates for shares of Spin Master Corp in a note issued to investors on Monday. Cormark analyst D. Mcfadgen forecasts that the company will earn $2.39 per share for the year.
Other research analysts have also recently issued research reports about the stock. BMO Capital Markets cut their price objective on shares of Spin Master Corp from C$38.00 to C$36.00 in a research report on Thursday, April 13th. CIBC boosted their target price on shares of Spin Master Corp from C$41.00 to C$44.00 in a research note on Monday. TD Securities boosted their target price on shares of Spin Master Corp from C$39.00 to C$43.00 in a research note on Tuesday, March 14th. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a C$48.00 price objective on shares of Spin Master Corp in a research note on Wednesday, May 10th. Finally, Royal Bank of Canada boosted their target price on shares of Spin Master Corp from C$38.00 to C$43.00 and gave the stock an “outperform” rating in a report on Wednesday, March 15th. Seven research analysts have rated the stock with a buy rating, Spin Master Corp currently has a consensus rating of “Buy” and a consensus price target of C$40.00.
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Shares of Spin Master Corp (TSE:TOY) traded down 1.33% during midday trading on Wednesday, hitting $39.46. 24,972 shares of the stock were exchanged. Spin Master Corp has a 1-year low of $24.32 and a 1-year high of $43.06. The firm has a 50-day moving average of $39.35 and a 200-day moving average of $35.63. The company has a market capitalization of $4.01 billion and a P/E ratio of 39.90.
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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