Spin Master Corp. (TSE:TOY) Receives C$27.20 Average PT from Analysts

Spin Master Corp. (TSE:TOY) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$27.20.

TOY has been the topic of several recent analyst reports. TD upped their price target on Spin Master from C$26.00 to C$27.00 and gave the company a “buy” rating in a research report on Friday, July 3rd. Jefferies Financial Group raised their price objective on Spin Master from C$23.00 to C$26.00 and gave the stock a “buy” rating in a research report on Friday, May 1st.

Spin Master Trading Down 0.4%

Spin Master stock opened at C$20.56 on Thursday. The firm has a 50 day simple moving average of C$20.50 and a 200-day simple moving average of C$19.41. The company has a debt-to-equity ratio of 30.48, a current ratio of 1.09 and a quick ratio of 2.06. The stock has a market capitalization of C$2.07 billion, a PE ratio of -26.36, a price-to-earnings-growth ratio of 0.57 and a beta of 0.70. Spin Master has a 12-month low of C$17.13 and a 12-month high of C$24.13.

Spin Master (TSE:TOY) last posted its quarterly earnings data on Thursday, July 30th. The company reported C$0.11 earnings per share for the quarter. The company had revenue of C$620.03 million during the quarter. Spin Master had a negative net margin of 4.01% and a negative return on equity of 6.74%. As a group, equities research analysts expect that Spin Master will post 3.1361829 EPS for the current fiscal year.

Spin Master Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, July 10th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.3%. Spin Master’s dividend payout ratio (DPR) is -44.16%.

About Spin Master

Spin Master Corp. (TSX:TOY) is a leading global children’s entertainment company, creating exceptional play experiences across its three creative centres: Toys, Entertainment and Digital Games. With worldwide toy distribution, Spin Master is best known for award-winning brands including PAW Patrol ®, Melissa & Doug ®, Bakugan ® and Rubik’s ® Cube, and is the global toy licensee for other iconic properties. Through its in-house entertainment studio, the company creates and produces captivating multiplatform content including powerhouse preschool franchise PAW Patrol, along with other original shows, short-form series and feature films.