Spin Master Corp. (TSE:TOY) Senior Officer Sells C$31,898.15 in Stock

Spin Master Corp. (TSE:TOY) Senior Officer Jennifer Susan Dodge sold 1,259 shares of the business’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15.

Spin Master Price Performance

TOY traded up C$0.27 during midday trading on Monday, reaching C$25.67. 70,839 shares of the company’s stock were exchanged, compared to its average volume of 84,958. Spin Master Corp. has a one year low of C$25.00 and a one year high of C$35.44. The firm has a market capitalization of C$1.88 billion, a price-to-earnings ratio of 60.75, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The business has a 50-day simple moving average of C$29.24 and a two-hundred day simple moving average of C$31.10. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, April 11th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.87%. The ex-dividend date is Friday, March 28th. Spin Master’s dividend payout ratio is 113.60%.

Analyst Upgrades and Downgrades

TOY has been the topic of several research analyst reports. Stifel Nicolaus lowered their price objective on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. TD Securities dropped their price objective 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, February 26th. Canaccord Genuity Group reduced their target price on shares of Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. National Bankshares lowered their price target on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 26th. Finally, Royal Bank of Canada reduced their price objective on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$37.75.

About Spin Master

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.