National Bankshares Has Lowered Expectations for Spin Master (TSE:TOY) Stock Price

Spin Master (TSE:TOY) had its price objective reduced by National Bankshares from C$35.00 to C$32.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

TOY has been the subject of several other reports. Cormark raised their target price on Spin Master from C$42.00 to C$45.00 in a research report on Friday, November 1st. Royal Bank of Canada lowered their price objective on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$37.75.

Spin Master Trading Down 3.6 %

Shares of TSE TOY opened at C$27.00 on Wednesday. The stock has a market cap of C$1.98 billion, a P/E ratio of 63.90, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The firm has a 50 day moving average price of C$31.68 and a two-hundred day moving average price of C$31.70. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14. Spin Master has a 52-week low of C$26.67 and a 52-week high of C$35.44.

Spin Master Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend was Friday, December 27th. Spin Master’s dividend payout ratio is 113.60%.

About Spin Master

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.