Spin Master Corp. (TSE:TOY) Receives C$42.13 Average Price Target from Analysts

Shares of Spin Master Corp. (TSE:TOY) have received an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$42.13.

A number of equities research analysts have issued reports on TOY shares. Royal Bank of Canada reduced their price target on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. TD Securities set a C$46.00 price target on Spin Master and gave the company a “buy” rating in a research report on Tuesday, September 24th. Finally, Cormark raised their target price on Spin Master from C$42.00 to C$45.00 in a research report on Friday, November 1st.

Insider Transactions at Spin Master

In other Spin Master news, Senior Officer Tara Lise Deakin sold 2,000 shares of Spin Master 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 transaction of C$66,532.60. Also, Director Chi Wah Yuen sold 4,704 shares of Spin Master stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of C$31.45, for a total value of C$147,963.85. In the last 90 days, insiders have sold 33,598 shares of company stock valued at $1,066,982. Corporate insiders own 2.20% of the company’s stock.

Spin Master Stock Performance

Shares of Spin Master stock opened at C$31.29 on Friday. The company has a debt-to-equity ratio of 47.83, a current ratio of 1.02 and a quick ratio of 2.06. The stock has a market capitalization of C$1.09 billion, a price-to-earnings ratio of 54.89, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The business has a 50-day moving average of C$31.26 and a 200 day moving average of C$30.49. Spin Master has a 12 month low of C$27.52 and a 12 month high of C$36.82.

Spin Master Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, December 27th. Spin Master’s dividend payout ratio (DPR) is presently 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.