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

Shares of Spin Master Corp. (TSE:TOY) have been assigned an average rating of “Buy” from the four ratings firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a buy rating. The average 1-year price objective among brokerages that have covered the stock in the last year is C$40.86.

A number of equities analysts have weighed in on the stock. National Bankshares decreased their price objective on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a report on Wednesday. TD Securities decreased their target price on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a report on Wednesday. Cormark boosted their price objective on shares of Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st. Stifel Nicolaus lowered their price target on Spin Master from C$45.00 to C$40.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Royal Bank of Canada cut their target price on shares of Spin Master from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research note on Wednesday.

Spin Master Stock Performance

Shares of TOY stock traded down C$0.92 on Wednesday, hitting C$27.10. The company had a trading volume of 263,121 shares, compared to its average volume of 68,327. The company has a 50-day moving average price of C$31.80 and a 200-day moving average price of C$31.74. Spin Master has a twelve month low of C$26.67 and a twelve month high of C$35.44. The firm has a market cap of C$1.99 billion, a P/E ratio of 64.14, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 39.61.

Spin Master Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date was Friday, December 27th. Spin Master’s dividend payout ratio is presently 113.60%.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.