Spin Master Corp. (TSE:TOY – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is C$44.63.
Several equities analysts have commented on TOY shares. Royal Bank of Canada upped their price objective on Spin Master from C$46.00 to C$47.00 in a research report on Wednesday, July 24th. TD Securities set a C$46.00 price target on shares of Spin Master and gave the stock a “buy” rating in a report on Tuesday.
Check Out Our Latest Research Report on TOY
Insider Buying and Selling
Spin Master Price Performance
TOY stock opened at C$31.51 on Thursday. The company has a current ratio of 1.02, a quick ratio of 2.06 and a debt-to-equity ratio of 47.83. Spin Master has a 12 month low of C$27.52 and a 12 month high of C$37.73. The stock has a market cap of C$1.09 billion, a PE ratio of 55.28, a P/E/G ratio of 0.57 and a beta of 1.87. The company has a 50-day moving average price of C$31.22 and a 200 day moving average price of C$30.88.
Spin Master (TSE:TOY – Get Free Report) last released its earnings results on Tuesday, July 30th. The company reported C$0.12 EPS for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.03). Spin Master had a net margin of 2.37% and a return on equity of 3.56%. The business had revenue of C$563.71 million for the quarter, compared to the consensus estimate of C$583.31 million.
Spin Master Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 12th. Stockholders of record on Friday, July 12th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, June 28th. This represents a $0.48 annualized dividend and a dividend yield of 1.52%. This is a positive change from Spin Master’s previous quarterly dividend of $0.06. Spin Master’s dividend payout ratio (DPR) is currently 84.21%.
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.
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