Spin Master Corp. (TSE:TOY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Spin Master Corp. (TSE:TOY) have earned an average rating of “Moderate Buy” from the eleven brokerages that are currently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$27.38.

TOY has been the topic of a number of analyst reports. National Bankshares lowered their target price on shares of Spin Master from C$27.00 to C$25.00 and set an “outperform” rating on the stock in a report on Tuesday. CIBC boosted their price objective on Spin Master from C$23.00 to C$25.00 in a report on Friday, October 31st. Cormark lowered their price objective on Spin Master from C$44.00 to C$39.00 in a research note on Friday, October 31st. Jefferies Financial Group dropped their target price on Spin Master from C$28.00 to C$26.00 in a report on Friday, October 31st. Finally, Seaport Res Ptn upgraded Spin Master to a “strong-buy” rating in a report on Monday, November 10th.

Spin Master Stock Performance

Shares of TOY stock opened at C$18.82 on Friday. The firm has a market capitalization of C$1.90 billion, a PE ratio of 34.85, a price-to-earnings-growth ratio of 0.57 and a beta of 0.66. The firm has a fifty day simple moving average of C$19.94 and a two-hundred day simple moving average of C$21.31. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61. Spin Master has a 12 month low of C$18.51 and a 12 month high of C$32.34.

Spin Master (TSE:TOY) last released its quarterly earnings data on Thursday, October 30th. The company reported C$1.11 earnings per share for the quarter. The firm had revenue of C$1.02 billion for the quarter. Spin Master had a net margin of 1.45% and a return on equity of 2.24%. Analysts forecast that Spin Master will post 3.1361829 EPS for the current fiscal year.

Spin Master Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Friday, January 9th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Wednesday, December 24th. Spin Master’s payout ratio is currently 63.22%.

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.