Spin Master Corp (TOY) to Post FY2017 Earnings of $2.11 Per Share, Cormark Forecasts
Spin Master Corp (TSE:TOY) – Equities research analysts at Cormark raised their FY2017 earnings per share estimates for Spin Master Corp in a report issued on Thursday. Cormark analyst D. Mcfadgen now expects that the company will post earnings per share of $2.11 for the year, up from their previous estimate of $1.70. Cormark also issued estimates for Spin Master Corp’s FY2018 earnings at $2.38 EPS and FY2019 earnings at $2.54 EPS.
Several other research firms have also issued reports on TOY. Raymond James Financial, Inc. increased their target price on shares of Spin Master Corp from C$48.00 to C$52.00 and gave the stock an “outperform” rating in a report on Thursday. Royal Bank Of Canada increased their price objective on shares of Spin Master Corp from C$45.00 to C$54.00 and gave the company an “outperform” rating in a report on Thursday. Jefferies Group LLC increased their price objective on shares of Spin Master Corp from C$39.00 to C$45.00 and gave the company a “hold” rating in a report on Thursday. CIBC increased their price objective on shares of Spin Master Corp from C$44.00 to C$50.00 in a report on Thursday. Finally, TD Securities increased their price objective on shares of Spin Master Corp from C$43.00 to C$48.00 and gave the company a “buy” rating in a report on Friday, May 12th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of C$47.25.
TRADEMARK VIOLATION NOTICE: This piece of content was published by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/08/07/spin-master-corp-toy-to-post-fy2017-earnings-of-2-11-per-share-cormark-forecasts.html.
Spin Master Corp Company Profile
Spin Master Corp., a childrens entertainment company, creates, designs, manufactures, and markets various toys, games, products, and entertainment properties in North America, Europe, and internationally. It operates through five segments: Activities, Games & Puzzles and Fun Furniture; Remote Control and Interactive Characters; Boys Action and High-Tech Construction; Pre-School and Girls; and Outdoor.
Receive News & Ratings for Spin Master Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spin Master Corp and related companies with MarketBeat.com's FREE daily email newsletter.