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

Shares of Spin Master Corp. (TSE:TOY) have been assigned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$27.20.

Separately, 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.

Spin Master Stock Performance

TOY opened at C$19.97 on Monday. The stock’s 50 day simple moving average is C$21.13 and its 200-day simple moving average is C$19.55. The company has a current ratio of 1.09, a quick ratio of 2.06 and a debt-to-equity ratio of 30.48. The stock has a market cap of C$2.00 billion, a PE ratio of -25.60, a P/E/G ratio of 0.57 and a beta of 0.70. Spin Master has a 1 year low of C$17.13 and a 1 year high of C$24.13.

Spin Master (TSE:TOY) last announced its quarterly earnings results on Thursday, July 30th. The company reported C$0.11 earnings per share (EPS) for the quarter. Spin Master had a negative net margin of 4.01% and a negative return on equity of 6.74%. The firm had revenue of C$620.03 million for the quarter. Sell-side analysts forecast that Spin Master will post 3.1361829 EPS for the current year.

Spin Master Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, July 10th were given a dividend of $0.12 per share. The ex-dividend date was Friday, June 26th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.4%. 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.