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

Spin Master Corp. (TSE:TOY) has been given an average recommendation of “Moderate Buy” by the five analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$37.75.

A number of research analysts have weighed in on TOY shares. Canaccord Genuity Group cut their price objective on shares of Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a report on Wednesday, February 26th. National Bankshares decreased their price objective on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 26th. Stifel Nicolaus dropped their price objective on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. Royal Bank of Canada dropped their price objective on shares of Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a report on Wednesday, February 26th. Finally, TD Securities cut their target price on Spin Master from C$46.00 to C$37.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th.

Insider Activity at Spin Master

In other Spin Master news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of Spin Master stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15. 2.20% of the stock is currently owned by company insiders.

Spin Master Stock Down 0.9 %

Spin Master stock opened at C$25.51 on Friday. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 39.61. The firm has a market cap of C$1.87 billion, a price-to-earnings ratio of 60.37, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The business’s 50-day moving average price is C$28.77 and its 200 day moving average price is C$30.93. Spin Master has a 52 week low of C$25.00 and a 52 week high of C$35.44.

Spin Master Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, March 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.88%. Spin Master’s dividend payout ratio (DPR) is presently 113.60%.

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.