Spin Master (TOY) Scheduled to Post Quarterly Earnings on Wednesday

Spin Master (TSE:TOY) is scheduled to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Spin Master to post earnings of C$2.27 per share for the quarter.

Spin Master (TSE:TOY) last released its quarterly earnings results on Tuesday, July 30th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.15 by C($0.03). The firm had revenue of C$563.71 million for the quarter, compared to analyst estimates of C$583.31 million. Spin Master had a return on equity of 3.56% and a net margin of 2.37%.

Spin Master Stock Performance

TSE:TOY opened at C$32.36 on Monday. Spin Master has a 1-year low of C$27.52 and a 1-year high of C$36.82. The firm has a 50 day simple moving average of C$31.43 and a 200-day simple moving average of C$30.67. The firm has a market cap of C$1.12 billion, a PE ratio of 56.77, a P/E/G ratio of 0.57 and a beta of 1.86. The company has a debt-to-equity ratio of 47.83, a current ratio of 1.02 and a quick ratio of 2.06.

Insider Buying and Selling

In other Spin Master news, Senior Officer Douglas Wadleigh sold 2,094 shares of the company’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. In related news, Senior Officer Tara Lise Deakin sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$33.27, for a total transaction of C$66,532.60. Also, Senior Officer Douglas Wadleigh sold 2,094 shares of the stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of C$29.70, for a total value of C$62,187.19. In the last ninety days, insiders have sold 33,498 shares of company stock valued at $1,063,920. 2.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on TOY. TD Securities set a C$46.00 price target on Spin Master and gave the stock a “buy” rating in a research note on Tuesday, September 24th. Royal Bank of Canada reduced their target price on Spin Master from C$47.00 to C$46.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Spin Master has a consensus rating of “Moderate Buy” and an average target price of C$42.14.

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.