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

Shares of Spin Master Corp. (TSE:TOY) have earned a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$37.75.

Several research firms recently issued reports on TOY. Canaccord Genuity Group decreased their target price on shares of Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. Royal Bank of Canada cut their price objective on shares of Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a report on Wednesday, February 26th. National Bankshares lowered their target price on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 26th. Stifel Nicolaus dropped their target price on Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. Finally, TD Securities reduced their price target on Spin Master from C$46.00 to C$37.00 and set a “buy” rating for the company in a report on Wednesday, February 26th.

Spin Master Stock Performance

TSE TOY opened at C$25.40 on Friday. Spin Master has a fifty-two week low of C$25.00 and a fifty-two week high of C$35.44. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14. The firm has a market capitalization of C$1.86 billion, a P/E ratio of 60.11, a PEG ratio of 0.57 and a beta of 1.86. The stock has a 50-day simple moving average of C$29.24 and a two-hundred day simple moving average of C$31.12.

Spin Master Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, April 11th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.48 annualized dividend and a yield of 1.89%. Spin Master’s dividend payout ratio is presently 113.60%.

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.