Spin Master (TSE:TOY) Given a C$46.00 Price Target at TD Securities

Spin Master (TSE:TOY) has been given a C$46.00 target price by research analysts at TD Securities in a report issued on Tuesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 45.99% from the company’s current price.

Separately, Royal Bank of Canada raised their price target on Spin Master from C$46.00 to C$47.00 in a research note on Wednesday, July 24th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$44.63.

Spin Master Trading Up 2.0 %

TSE:TOY traded up C$0.63 during trading hours on Tuesday, hitting C$31.51. The stock had a trading volume of 55,820 shares, compared to its average volume of 88,731. The business’s 50 day moving average is C$31.19 and its 200-day moving average is C$30.87. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02. The company has a market cap of C$1.09 billion, a price-to-earnings ratio of 55.40, a P/E/G ratio of 0.57 and a beta of 1.87. Spin Master has a one year low of C$27.52 and a one year high of C$37.73.

Spin Master (TSE:TOY) last released its quarterly earnings data 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 firm had revenue of C$563.71 million during the quarter, compared to the consensus estimate of C$583.31 million. Sell-side analysts anticipate that Spin Master will post 3.144958 EPS for the current fiscal year.

Insider Transactions at Spin Master

In related news, Senior Officer Tara Lise Deakin sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$33.27, for a total value of C$66,532.60. In other Spin Master news, Senior Officer Douglas Wadleigh sold 2,094 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of C$29.70, for a total transaction of C$62,187.19. Also, Senior Officer Tara Lise Deakin sold 2,000 shares of the firm’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of C$33.27, for a total value of C$66,532.60. Insiders sold 33,498 shares of company stock worth $1,063,920 over the last quarter. Corporate insiders own 2.20% of the company’s stock.

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.