Spin Master Corp. (TSE:TOY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Spin Master Corp. (TSE:TOY) have been given a consensus rating of “Moderate Buy” by the five ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$40.86.

Several equities analysts recently weighed in on the stock. Royal Bank of Canada cut their price objective on shares of 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. Cormark raised their price target on shares of Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st.

Spin Master Price Performance

Shares of TOY opened at C$30.23 on Wednesday. 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 company has a market capitalization of C$1.05 billion, a price-to-earnings ratio of 53.04, a P/E/G ratio of 0.57 and a beta of 1.86. The business’s 50-day moving average is C$32.76 and its 200-day moving average is C$31.77. Spin Master has a fifty-two week low of C$27.52 and a fifty-two week high of C$35.80.

Spin Master Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.59%. 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.